Model Risk Officer
Core
Design and operate a second-line model risk management function to validate credit, IRRBB, and capital models for regulatory compliance and internal risk measurement.
Role type
Model Risk Officer (0-1 build)
Builds
Model risk management framework, validation policies, model inventory, and validation reports.
Domain
Banking regulation, Capital Adequacy, Credit Risk, IRRBB
Deliverable
production ML models
Required skills
Model risk management, model validation, regulatory compliance (ECB), quantitative analysis, policy design, stakeholder management, documentation
Preferred skills
AI/ML validation, building frameworks from scratch, regulatory engagement
Technologies
None specified
Responsibilities
Build model risk appetite and validation standards, maintain model inventory with risk tiering, coordinate independent second-line validation, design ongoing monitoring cycles, partner with model owners, prepare regulatory reports.
Seniority
Mid-Senior, hands-on IC