Senior Model Risk Governance Analyst

Cadence Bank Birmingham , AL 35202

Posted 8 months ago

The Senior Model Risk Governance Analyst is responsible for maintaining and enhancing the enterprise model risk management framework under the direction of the Model Risk Manager. The Senior Model Risk Governance Analyst routinely works with Business Unit Managers, Model Validators, as well as model risk stakeholders throughout the organization.

This position will assist lines of business with model validation issue remediation tracking, evaluating model documentation, and model change management. The Model Risk Manager may direct this position to complete model validations/annual reviews or manage projects to complete outsourced model validations/annual reviews; therefore, strong project management and analytical, critical and creative thinking skills are needed to resolve complex issues. Candidates must be able to effectively set priorities and organize requests received throughout the workday in addition to managing third party resources or projects. Accuracy, timeliness and attention to detail are critical success factors. Additional attributes required for success include a strong customer service focus, professionalism, versatile risk & subject matter expertise, and effective communication skills.

Responsibilities include:

  • Updating the company's model risk policies and operating procedures

  • Partners with the lines of business to maintain a complete inventory of model and non-model tool risks and controls, appropriately assessing risk ratings and control effectiveness

  • Manages the resolution of validation findings with model owners and users

  • Prepares model risk management reporting for the company's Enterprise Risk Management Committee

  • Instills model risk management principles and raises awareness of model risk management throughout the enterprise; Attends industry specific working group calls and webinars to stay informed of new MRM practices

  • Provides informed and objective challenge to executive and line management on risk management activities through clear, concise validation artifacts that minimize jargon

  • Builds and maintains effective working relationships with internal and external stakeholders, including third party model validation providers

Education:

  • Master's Degree in Business, Information/Analytics, Accounting, Finance, or a quantitative science preferred

  • Professional certification in risk management or actuarial sciences, CFA, or FRM preferred

  • Bachelor's Degree Required

Experience:

  • Minimum of 3 years of cumulative experience in risk management

  • Minimum of 3 years of experience in banking

  • Experience with model risk management preferred

  • Experience with corporate risk governance preferred

Additional Knowledge, Skills, and Abilities:

  • Knowledge of Model Governance Regulations and Fed requirements (SR11-7, OCC 2011-12)

  • Self-motivated and the ability to work with minimal supervision while holding external validation consultants accountable to deadlines

  • Ability to demonstrate relationship and partnership building, coaching and development, vision and strategic thinking while providing constructive criticism

  • Capacity to work on multiple projects at the same time while meeting deadlines; creativity in managing time and resources to meet objectives efficiently

  • Excellent verbal and written communication and presentation skills; must be able to redline and quality control word documents that sometimes exceed 100 pages

  • Proficiency with Microsoft Office Suite 2010 (Excel, Word, Visio, and PowerPoint)

  • Advanced spreadsheet and database skills; working knowledge of general database structures and information delivery systems

  • Excellent data interpretation and fluency in reading charts/graphs for relevance and consistency

  • Critical thinking skills to provide credible challenge

  • Some working knowledge of statistical/modeling programs such as R, SAS etc. desired or willingness to learn

Working Conditions:

  • Out of office travel percentage on average is 10-20%

  • Travel is limited to within U.S. and is typically involves day trips

  • Workweeks may exceed 40 hours and may include weekend hours if special projects occur

The above statements are intended to describe the general nature and level of the work being performed by people assigned to this work. This is not an exhaustive list of all duties and responsibilities. Cadence Management reserves the right to amend and change responsibilities to meet business and organizational needs as necessary.

Cadence Bank is an affirmative action/equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, status as a protected veteran, among other things, or status as a qualified individual with disability.

#LI-POST

#LI-NL1


icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Manager Enterprise Data Governance

Protective Life Corporation

Posted 7 days ago

VIEW JOBS 10/11/2019 12:00:00 AM 2020-01-09T00:00 This position will be responsible for leading and further enhancing the Data Governance Program across the enterprise. This position will champion the communication of the value of data governance to stakeholders as well as provide education of data governance while increasing the organizations data literacy. This entails serving as the primary point of responsibility, accountability and activity monitoring as it relates to the assessment, improvement and governance of data quality and ongoing fitness-for-purpose of the organization's critical information assets. This position will monitor data related standards, policies, and procedures to minimize risk and deliver business value. Development of standards, tools, and governance for capturing, modeling, storing, and delivering data to the enterprise. This position will develop processes to collect and maintain a current inventory of the data assets made available to IT and business partners. The role will oversee assignment of the data governance definition/glossaries to the physical data assets across the enterprise and demonstrate data lineage. This will include working with teams to develop a high-level enterprise data model and conceptual views of related data sub-architectures (e.g., database, data integration, data warehouse/business intelligence, reporting, metadata, and content management architectures) that will be used for on-going assessments and risk management. This role will champion the Enterprise Master Data Management strategy and its capabilities throughout the organization. Responsible for overseeing and coordination of all MDM processes. Will work with business and stakeholders to develop and refine MDM domains and implement necessary governance, change management, data stewardship and quality controls. Develop, maintain and present communications around MDM roadmap, utilization and overall health of MDM program through metrics and KPIs. Responsibilities: * Responsible for the data quality program * Assist in defining the data management vision and implement data management strategies and processes. * Identify opportunities and processes to ensure data meets the following characteristics, including but not limited to: accuracy, validity, reliability, timeliness, relevance, and completeness. * Engages with business leadership to quantify and articulate the business impact of data quality issues * Develop remediation plans: monitor and track data quality issues, identify and close gaps in collaboration with business and IT groups. * Develop data quality standards and implement monitoring processes * Engage leadership to advocate for prioritization of data quality initiatives * Drive development and implementation of prioritized initiatives organization wide to ensure goals are met. Build and conduct data quality maturity assessments * Promote ongoing engagement of data stewards and data domain owners within the data governance infrastructure * Responsible for the master data management function * Oversee development of Enterprise MDM domains * Identification and coordination of enterprise data stewards * Development of MDM rules (I.e. matching, survivorship) and workflow processes * Develop processes to monitor MDM quality and accuracy * Document usage of MDM throughout the enterprise * Responsible for governance of information * Inventory and understand internal and external data. * Monitor data governance processes * Develop and maintain data dictionaries and common metric definitions. * Drive the capture of business definitions, taxonomies and linkage to technical lineage within the metadata tool * Leadership role on project/business activities including but not limited to Internal Audit, Independent Audit, and various Risk Assessments - ensure controls and processes are documented, implemented, and monitored. * Develop processes to facilitate engagement and collaboration with data owners, data stewards, data consumers and IT to collaborate on data definitions. * Coordinate and execute information data governance improvements across enterprise. * Communication lead of the information governance roadmap to senior management and governance committees * Manage and Lead a team of MDM and Data Analysts in implementing foundational processes and tools to support Information Governance Program for the organization. Qualifications: * Minimum of 5+ years' experience leading a governance or similar type function * Prefer experience in MDM, Data Governance, Information Governance, and Data Architecture * Knowledge of data governance, data quality and master data management concepts; familiar with data quality reporting methodologies and capabilities. * Ability to articulate technical concepts to non-technical audience. Strong communicator and presenter. * Bachelor's degree is required Protective Life Corporation Birmingham AL

Senior Model Risk Governance Analyst

Cadence Bank