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Vice President, Model Risk Management II
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- Team Description; Role function on team: Model Risk Management (MRMG) oversees all modeling in the firm with the aim to reduce and understand our firm’s exposure to risks.
- The Vice President, Model Risk II will contribute to highly visible enterprise-wide model development functions in the organization.
- The role will be to execute enterprise standards for model validation.
- The incumbent will be responsible for leading work to identify and evaluate model risk as well as proposing controls to manage that risk.
- This role may work in one of five disciplines, each responsible for a different type of modelling: 1) Credit Risk Modelling, 2) Treasury Modelling, 3) Market Risk Modelling, 4) Pricing Modelling, 5) Forecasting Responsibilities: Execute enterprise standards for model validation, by setting the scope of a validation effort.
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