Model Risk Management Lead - Ford Credit Bank
Core
Lead the Model Risk Management (MRM) program for a new de novo bank, ensuring regulatory compliance and oversight of credit, pricing, and financial crime models.
Role type
Model Risk Management Lead
Builds
A new de novo bank's model risk management infrastructure and compliance framework
Domain
Banking / Regulatory Compliance / Quantitative Modeling
Deliverable
production ML models
Required skills
Model validation, statistical programming (SAS, Python, R, SQL), regression techniques, machine learning, time series analysis, regulatory compliance (SR 26-2), model inventory management, performance monitoring, stakeholder communication
Preferred skills
Experience in de novo bank setup, knowledge of expected credit loss methodologies, ability to explain complex math to non-technical audiences
Technologies
SAS, Python, R, SQL
Responsibilities
Oversee execution of the Bank's Model Risk Management Program, oversee independent validation of all models, maintain a robust model inventory, review ongoing model performance monitoring, monitor model usage against approved plans, track and report on model issues, assist in regulatory and internal audits
Seniority
Senior, hands-on IC
