Position Overview As a Model Risk Governance Analyst, you'll play a critical role in strengthening the Bank's model risk management framework. You'll lead the implementation and ongoing maintenance of our Governance, Risk, and Compliance (GRC) platform - ModelEdge - which serves as the central hub for model inventory, validation workflows, performance monitoring, and reporting.
Key Responsibilities
• Own and operate the ModelEdge platform, ensuring it supports all aspects of the Bank's model risk lifecycle - from inventory management to validation tracking and reporting.
• Provide hands-on support to model owners, helping them maintain accurate model documentation, findings, and performance metrics.
• Develop and deliver executive-level reports and dashboards that communicate model risk status, performance indicators, and validation outcomes.
• Support the model control framework, including model identification, risk rating, issue tracking, and remediation oversight.
• Lead the quarterly model attestation process, coordinating with model owners to ensure data accuracy and completeness.
• Manage validation workflows, including the issuance, documentation, and resolution of findings.
• Monitor key risk indicators (KRIs) and produce dashboards that highlight trends and emerging risks.
• Oversee the User Developed Application (UDA) governance process, ensuring proper identification and ongoing monitoring.
• Coordinate third-party model validations, including RFP development, scope definition, vendor selection, and quality assurance of deliverables.
Qualifications
• Education: Bachelor's degree in Business, Finance, Economics, Accounting, or a related field.
• Experience:
• Minimum 2 years in Finance, Risk, or Accounting.
• Experience with model risk management programs preferred.
• Familiarity with GRC tools such as ModelEdge, Archer, ServiceNow, or SharePoint is a plus.
• Experience managing large datasets and producing risk reports.
• Skills:
• Strong data management and analysis skills (Excel, SQL).
• Solid understanding of banking products and risk concepts.
• Excellent communication skills - both written and verbal.
• Detail-oriented with strong problem-solving and organizational abilities.
