GENERAL FUNCTION: Responsible for assisting
the Senior Model Process Governance Analyst with the ongoing
support of the Model Risk Management program within the Bancorp.
Responsibilities will include, but are not limited to, assisting
incoordinatingmodel validation needs, the model inventory,
validation issues, model documentation, reviewing results of audits
and regulatory reviews to verify source system data integrity. This
person will partner with the LOB to ensure thatcontrolsarein
placeforsecurity, change management and ongoing monitoring of the
ESSENTIAL DUTIES & RESPONSIBILITIES:
oDemonstrated ability to initiate tasks, manage multiple tasks and
roles, and meet deadlines.
oDesire and ability to learn the basics of model validation
controls and governance and Risk Management areas (Credit Risk,
Market Risk, and Operational Risk)
oAssist in maintaining the Model Inventory.
oAssist in maintaining the Model Issue Tracking
oAssist in collecting and maintaining all supporting model
documentation from model owners.
oReview results of audit and regulatory reviews to verify source
system data integrity.
oPartner with Lines of Business to verify controls (BCP, DRP,
Security, Change Management, and Ongoing
oCollect evidence of ongoing monitoring by model
oNon-voting member of the Model Risk Management Council, attend
meetings and help prepare notes and updates for the Capital
oCompile reports (including findings of the quantitative
oOther projects/tasks as assigned by the Senior Model Process
Governance Analyst or the Director of Model Risk
SUPERVISORY RESPONSIBILITIES: None.