Model Risk Management – Program Management – Associate

Overview

In this role, you support MRGR’s model risk governance and validation activities within a global team. You help manage the model risk framework, ensuring timely reviews, risk reporting, and escalation when issues arise. You’ll coordinate with policy and product/technology teams to enhance processes, and you’ll contribute to regulatory, audit, and stress testing efforts like CCAR. You’ll work closely with senior leaders and cross-functional teams to drive improvements and ensure effective execution of risk programs.

Responsibilities

• Support model risk coverage for MRGR Lines of Business, prepare material for Risk Committees and Forums, and assist with prioritization of model risk issues
• Lead model review and remediation planning, and assist MRORs with prioritization
• Monitor and report model risk metrics, and escalate breaches as needed
• Centrally manage programs owned by MRGR to ensure smooth execution (e.g., inventory confirmations, CCAR)
• Engage with senior leaders and development/model review teams on regulatory and audit deliverables
• Identify process pain points and collaborate with Product, Policy, Analytics to implement enhancements
• Coordinate with policy and product/technology teams to improve model risk policy and procedures

Key requirements

• Proven project/program management capabilities
• Understanding of risk management frameworks and the Three Lines of Defense in large organizations
• Experience working with model risk and/or model development functions
• Strong stakeholder management and collaboration skills
• Ability to synthesize data and present concise commentary to senior audiences
• Self-motivation, strong organizational skills, and ability to work in a fast-paced environment
• Intellectual curiosity and quick learning ability
• Advanced knowledge of Excel

• Stakeholder management
• Teamwork and collaboration
• Clear communication
• Advanced Excel
• Risk management frameworks
• Three Lines of Defense model

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