Description
The Principal, Model Risk Management serves as the Bank's primary subject matter expert and advisor for Model Risk Management. This role involves the administration, enhancement, and independent oversight of the Bank's Model Risk Management Program, ensuring alignment with regulatory expectations and industry practices. The principal will develop, maintain, and enhance the Bank's Model Risk Management framework, providing enterprise-wide guidance on various aspects such as model governance, inventory management, validation activities, model risk assessments, and regulatory compliance. Additionally, the role includes coordinating independent model reviews, conducting independent validations, and assessing model conceptual soundness.
