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Form of workJob Summary:
The Model Risk Management Governance Senior Analyst supports the implementation and execution of the enterprise-wide Model Risk management (MRM) governance program for MRM, in compliance with regulatory guidelines. This role will also help MRM governance in RJF enterprise -wide AI initiatives.
This position will report to the Director of Model Risk governance management.
** Will not be able to provide visa sponsorship.
Essential Duties and Responsibilities:
• Participate in the implementation of MRM standards, policies, and procedures,
• Perform ongoing monitoring of the execution of MRM processes, manage model inventory & periodic attestation,
• Identify and report on aggregate Model Risk KRIs.
• Help with the review of model documentation protocols,
• Help with RJF enterprise-wide AI initiatives in preparing documentation and conducting background research on AI insights in regulatory, industry, etc.
Qualifications:
Knowledge, Skills, and Abilities:
Knowledge of:
• SR11-7/OCC 2011-12 Model Risk management regulatory guidance
• Model risk management and model governance
• Business knowledge of models, model uses, and model interdependencies.
• Familiarity with the financial industry.
• Familiar with and have good knowledge of Artificial Intelligence (AI) and Machine Learning (ML) related topics, models an industry trend.
Skill in:
• MS Office software including Word, Excel, Access, and PowerPoint.
• Strong project management and organization skills with attention to detail.
• Strong verbal and written communication skills.
• Proven ability to engage diverse teams and to drive change.
Ability to:
• Multi-task and prioritize work appropriately.
• Work with all levels of management and staff across all lines of business.
• Work independently and on a team and follow through assignments to completion.
• Meet established deadlines.
• Communicate effectively with model stakeholders and MRM management.
• Be an active team player.
Educational/Previous Experience Requirements:
• A minimum of bachelor's degree in finance, Business, Mathematics or Risk Analysis.
• At least three (3) year's relevant experience at financial institutions in Model Risk governance, model validation, model development & production, Model Risk audit, risk analytics, enterprise risk management and/or finance.
• AI/ML exposure in Model Risk management and/or model development
~or~
• An equivalent combination of education, training and/or experience as approved by Human Resources.
Licenses/Certifications:
• None required.
Raymond James Guiding Behaviors
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcome
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm
The Model Risk Management Governance Senior Analyst supports the implementation and execution of the enterprise-wide Model Risk management (MRM) governance program for MRM, in compliance with regulatory guidelines. This role will also help MRM governance in RJF enterprise -wide AI initiatives.
This position will report to the Director of Model Risk governance management.
** Will not be able to provide visa sponsorship.
Essential Duties and Responsibilities:
• Participate in the implementation of MRM standards, policies, and procedures,
• Perform ongoing monitoring of the execution of MRM processes, manage model inventory & periodic attestation,
• Identify and report on aggregate Model Risk KRIs.
• Help with the review of model documentation protocols,
• Help with RJF enterprise-wide AI initiatives in preparing documentation and conducting background research on AI insights in regulatory, industry, etc.
Qualifications:
Knowledge, Skills, and Abilities:
Knowledge of:
• SR11-7/OCC 2011-12 Model Risk management regulatory guidance
• Model risk management and model governance
• Business knowledge of models, model uses, and model interdependencies.
• Familiarity with the financial industry.
• Familiar with and have good knowledge of Artificial Intelligence (AI) and Machine Learning (ML) related topics, models an industry trend.
Skill in:
• MS Office software including Word, Excel, Access, and PowerPoint.
• Strong project management and organization skills with attention to detail.
• Strong verbal and written communication skills.
• Proven ability to engage diverse teams and to drive change.
Ability to:
• Multi-task and prioritize work appropriately.
• Work with all levels of management and staff across all lines of business.
• Work independently and on a team and follow through assignments to completion.
• Meet established deadlines.
• Communicate effectively with model stakeholders and MRM management.
• Be an active team player.
Educational/Previous Experience Requirements:
• A minimum of bachelor's degree in finance, Business, Mathematics or Risk Analysis.
• At least three (3) year's relevant experience at financial institutions in Model Risk governance, model validation, model development & production, Model Risk audit, risk analytics, enterprise risk management and/or finance.
• AI/ML exposure in Model Risk management and/or model development
~or~
• An equivalent combination of education, training and/or experience as approved by Human Resources.
Licenses/Certifications:
• None required.
Raymond James Guiding Behaviors
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcome
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm
