Job title: Internal Model Governance Supervisor
Job type: Permanent
Emp type: Full-time
Industry: Insurance
Functional Expertise: Other Skills
Location: Brussels, Belgium
Job published: 02/10/2024
Job ID: 33225

Job Description

Our client, an insurance company is offering the unique opportunity of working as Internal Model Governance Supervisor to support the Group Risk Management department.

He/she will be in charge of the following tasks:

Key responsibilities:

  • Overseeing Model Validation: Follow up on re-validations from the Central Group, coordinate annual local revalidations and local suitability assessments, produce an annual validation report summary, and organize validation committees.
  • Managing Model Changes: Set up appropriate communication flows and manage any changes to the model.
  • Internal Governance Management: Maintain and update the model governance framework and related documentation.
  • Regulatory Liaison: Coordinate model inspections, follow up on regulatory recommendations and action plans, ensure compliance, and manage regulatory reports (ORSA, QRT, etc.).

 

Additional Responsibilities:

  • Follow up on current projects within the Credit Risk team or with external consultants.
  • Actively set up cross-departmental cooperations.
  • Oversee model runs, including follow-up on quarterly closing timeliness and budget planning runs.

 

Profil

  • Bachelor or Master’s degree or equivalent through experience.
  • Experience with regulatory frameworks and risk management practice in financial institutions or corporate compliance.
  • Ability to influence management and to work collaboratively across diverse teams.
File types (doc, docx, pdf, rtf, png, jpeg, jpg, bmp, jng, ppt, pptx, csv, gif) size up to 5MB