Director of ERM Reporting & Model Risk Management

FirstBank • Nashville, TN

6d • Onsite

About The Position

This position is in the office and can sit at our Downtown Nashville, TN, Lexington, TN, or Birmingham office. Summary: The Enterprise Risk Reporting & Model Risk Program Manager will be responsible for maintaining and executing the Model Risk and Enterprise Risk Reporting Programs and making relevant changes to both frameworks to reflect the ongoing maturity of both the second line programs as well as the capabilities of the first line charged with executing aspects of both programs. Continuous improvement of programs, as well as attracting and retaining a team of qualified individuals to execute the programs is required. Additionally, the role must work alongside other program managers within Compliance to discover efficiencies and streamline processes where appropriate.

Requirements

• Undergraduate degree in Business, Economics, Finance, Accounting, Statistics, or similar. Graduate degree preferred.
• Holds Relevant industry certifications such as FRM, CERP, CFA, CPA or ABA Programs.
• 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. required
• Experience implementing or managing software or data platform transformation projects, User Acceptance Testing, Test Script or Technical Writing preferred
• 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

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees