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Director, Model Risk Governance
Location:
Toronto
Description:
Requisition ID: 183234 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Purpose of Job: Is responsible for establishing, implementing and maintaining the Bank’s enterprise-wide model risk management and Basel/OSFI capital adequacy advanced model frameworks Job Responsibilities: Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge. Leads the creation, review and enhancement process for the Bank’s enterprise-wide model risk management policy taking into account applicable regulatory requirements (OSFI E-23, US SR 11-7) and input from relevant internal stakeholders. Ensures that the policy complies with regulatory requirements, industry practice and provides a solid platform for enabling the internal model risk management framework. Provides advice and counsel to the Bank’s subsidiaries with respect to their local model risk management policies and frameworks; act as a primary liaison with model sponsors with respect to matters related to model risk governance and policy interpretation, model validation pipeline, issue communication, and result approval. Leads the model risk governance team in ensuring that an accurate and up to date inventory of model is maintained in the inventory platform and manages the process to ensure accuracy and reliability of model inventory data. Ensures completeness of the model inventory by managing the model inventory attestation process across all areas of the Bank. Leads the creation, review and ongoing enhancement of the model risk rating methodology to assist the backssment of model risk in a consistent manner across model types. Leads the creation, review and ongoing enhancement process for issue identification, backssment and resolution through relevant policies and procedures; liaise with the Bank’s subsidiaries and other units in ensuring model-related. Visit ListedBuy for more information.
Company:
Scotiabank
Posted:
April 23 on ListedBuy
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Director, Model Risk Governance is a Other Art & Media Jobs Model Job at Scotiabank located in United States. Find other listings like Director, Model Risk Governance by searching Oodle for Other Art & Media Jobs Model Jobs.
Director, Model Risk Governance is a Other Art & Media Jobs Model Job at Scotiabank located in United States. Find other listings like Director, Model Risk Governance by searching Oodle for Other Art & Media Jobs Model Jobs.