Senior Model Risk Specialist

The role sits in the Model Risk Management Team. This is a Second Line of Defense role in the Risk Management function. The role is responsible for managing the model risk management activities across the Bank through independent model validation, governance, risk assessment, and advisory support covering traditional and AI models.

• Manage the end-to-end model lifecycle for new and existing models across the Bank.

• Perform independent validation of risk models, including scorecards, IRB, ECL, AML, Fraud and other models.

• Assess model risk for AI use cases, including FEAT assessments and/or AI-specific risk assessment, in line with industry best practices or regulatory guidelines.

• Review model documentation, test model implementation, and assess model performance through ongoing and annual reviews.

• Ensure model risk controls are embedded across the model lifecycle.

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