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.