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Model Risk Analyst
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- Responsible for ongoing support and enhancements of the bank's Model Risk Management program and ensuring compliance with applicable regulations and bank practices.
- Incumbent will lead, execute, and enhance various Model Risk Management program components and activities, which may include: Risk Appetite Statement metrics and reporting, support of the Model Management Lifecycle including development, implementation, validation, and ongoing performance monitoring.
- Maintain parameters for Model Risk Management Program in accordance with industry and Company requirements; ensure quality implementation, comprehensiveness and value to Business Lines, and support ongoing assessment/enhancement of assigned Program(s) in line with organizational needs, scale and regulatory requirements.
- Execute second line of defense responsibilities for Model Risk Management Program.
- Serve as expert Risk Management liaison to Business Lines as assigned; provide support and guidance on Model Risk Program and Model Lifecycle; analyze opportunities for process improvement and recommend solutions; use risk-based analysis and experience in responding to inquiries of moderate to high risk and complexity.
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