Model Governance

Job Summary

Role and Responsibilities / หน้าที่ความรับผิดชอบ

• Develop and improve policies and guidelines related to model risk management within the organization, including the creation of related documentation standards.
• Oversee and manage model risk throughout the model lifecycle.
• Define model taxonomy and manage models according to the established categories.
• Establish and maintain a central model inventory, including storage and review of model documentation, test reports, and other governance documents.
• Coordinate with model owners, developers, validators, and users to ensure that developed and used models are accurate, comply with legal requirements, and adhere to internal bank standards.
• Conduct model tiering and model risk assessments to allocate resources for validation tasks, identify potential risks and develop model risk mitigation strategies.
• Oversee the monitoring and validation of models to ensure ongoing compliance, performance, and alignment with the model risk appetite.
• Provide training and guidance to stakeholders on model policies, procedures, and best practices in model governance.
• Prepare model risk reports to committees and senior management, addressing key issues and suggesting improvements.
• Coordinate with external regulatory, internal audit, compliance, and risk management teams to support internal and external audits and assessments related to model risk topics.
• Continuously monitor and improve best practices, regulatory requirements, and new trends in model governance.

Qualifications / คุณสมบัติ

• High caliber Bachelor's degree or Master's degree in finance, economics, statistics, financial engineering or related field
• Excellent interpersonal skills with ability to communicate to different audiences (technical staff, senior management and auditors)
• Good knowledge of financial analysis techniques and methodologies, data mining, financial products and statistical analysis
• Computer literacy and proficiency in common desktop business applications
• Proficient with dashboard business tools, such as PowerBI or VBA is a plus
• Must possess good judgment, logic, ability to multi-task and strong personality
• Must be able to perform well under pressure

Specific knowledge and skill / ความรู้เฉพาะตำแหน่ง