Head of Governance – Model Risk Management

The Head of Governance position in Model Risk Management centres on monitoring industry trends to ensure the model risk framework remains effective and efficient in managing evolving risks. It would suit someone who can bring strong leadership and operational judgement to the role.

Role overview

Deep knowledge of model risk frameworks (SR11-7, SS1/23); experience with AI frameworks and the EU AI Act preferred. Lead the development, adoption and maintenance of the model risk framework, including policies, standards, business processes, and controls.

Main responsibilities

Monitoring industry trends to ensure the model risk framework remains effective and efficient in managing evolving risks. Supporting the Model Risk committee and oversee establishment of supporting Divisional Model Risk Governance forums. Preparing executive-level materials for Risk Committees, Audit Committees and the Board.

What helps someone succeed

Strong leadership and operational judgement.

Requirements

• Exceptional communication and executive-presence skills with proven experience presenting to senior committees and managing executive-level stakeholders.
• Advanced degree in a technical field (e.g., math, statistics, computer science).
• At least eight years of relevant experience, including four years developing enterprise-wide policies, standards and protocols in model risk, AI or a related discipline.

Job details

• Work model: Hybrid.
• Additional detail: Additional staff or wellbeing benefits may be available.