Model Risk Governance, Assistant Vice President

State Street UK

Boston, United States
Base: $110,000 - $177,500 annual; bonus/equity: no...
Model risk management framework
Model validation review
Model inventory management
The Model Risk Governance Team is responsible for owning the firm’s model risk management framework, performing model validation review activities, and ensuring model users are aware of model strengths and limitations

Job Summary

  • The Model Risk Governance Team is responsible for owning the firm’s model risk management framework, performing model validation review activities, and ensuring model users are aware of model strengths and limitations.
  • The AVP will coordinate, plan, and execute regulatory, control, audit, and risk initiatives across a wide range of model risk activities, including Board of Directors reporting and regulatory compliance assessments.
  • State Street offers a comprehensive benefits program including a retirement savings plan with company match, various insurance coverages, paid time off, and incentive compensation.

Matching Summary

The Model Risk Governance Team is responsible for owning the firm’s model risk management framework, performing model validation review activities, and ensuring model users are aware of model strengths and limitations.

Salary

Base: $110,000 - $177,500 Annual; Bonus/Equity: Not specified; Benefits: Comprehensive benefits program

Skills & Requirements

Must-have

  • Model Risk Management Framework
  • Model Validation Review
  • Model Inventory Management
  • Regulatory Compliance Assessments
  • Machine Learning Model Guidelines

Nice-to-have

  • Strong communication and influencing skills
  • Ability to win trust and respect
  • High results orientation
  • Can-do attitude
  • Team player in fast-paced environment

Key Requirements

  • Bachelor's degree
  • 2-3 years program management experience
  • 2-3 years risk management experience
  • 2-3 years consulting experience
  • Experience with project management software
  • Proficiency in Excel / PowerPoint / MS Applications

Work Rights

Not specified

Tailored Resume

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