Perform independent analysis within quantitative risk systems and evaluate the effectiveness of risk management practices, ensuring sound risk management, regulatory compliance, adherence to policies and procedures, and the timely resolution of identified issues.
The review consists of evaluating documentation, communicating with model developers and validators to ensure a thorough understanding of the modeling process, proposing improvements when necessary, and verbal and written communication of results to various levels of management.
Position will represent EFRM on projects that introduce new products, features and services to the bank and its customers with responsibilities for ensuring that appropriate fraud mitigation is included.
The modeler will also provide input to the framework for model development, including academic and industry principles and standards, ensuring understanding, acceptance and mitigation of risks from the use of models, and the corresponding roles and responsibilities inherited from such use.
In this role, you will coordinate, facilitate, document and analyze RCSA activities and results for assigned areas of responsibility. Track risk treatment plans and provide accountability to business partners.