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FirstBank · 4 months ago

Director of ERM Reporting & Model Risk Management

Lexington, TN

Full-time

Onsite

Director/Executive

10+ years exp

FirstBank is seeking a Director of ERM Reporting & Model Risk Management to oversee the Model Risk and Enterprise Risk Reporting Programs. The role involves continuous improvement of these programs and collaboration with other program managers to streamline processes, while also managing the validation consultant budget and leading key committees.

BankingFinanceFinancial Services

Responsibilities

Oversee the Identification and determine whether an item meets the definition of a model or End User Computing (EUC), risk assessments of models/EUCs, management of MRM Inventory and model validations and reviews

Manage validation consultant budget and advise on a yearly validation schedule

Chair Model Risk Committee and the Horizon Risk Working Group

Provide Management Risk Committee and Board Risk Committee presentations and reporting on Model Risk, Risk Appetite Statement, Enterprise and Horizon Risk Indicators

Advocate, train and build a culture of risk awareness with model owners and enterprise metric owners

Manage Templates, MS Teams or Workflow Platforms to organize and systematize work across stakeholders

Maintain all Policies, Standards and governance documents relevant for the programs

Understanding of Banking Regulations/Requirements related to Model and Enterprise Risk

Developing a response plan and remediating Audit or Assurance function issues

Qualification

Model Risk ManagementEnterprise Risk ReportingRisk AssessmentBanking RegulationsData Platform TransformationRisk Awareness TrainingProject ManagementDetail OrientationMulti-Project ManagementCommunication SkillsSelf-Starter

Required

Undergraduate degree in Business, Economics, Finance, Accounting, Statistics, or similar

10+ years' experience in Risk/Finance/Audit

10+ years' experience managing staff, external consultants or contractors

Experience in project management related to data, governance, compliance, audit, validations, banking systems etc

Superior written and oral communication skills, with the ability to communicate effectively at all levels of the organization, with particular emphasis on being able to articulate complex topics in a manner digestible to a wide audience

Ability to focus on minor details with the understanding of how the individual details relate to the larger project

Demonstrated self-starter who can work independently with minimal supervision as well as in a highly collaborative team

Ability to manage multiple projects at once and meet deadlines