Model Risk Reporting Director (Open to Remote)

Model Risk Reporting Director (Open to Remote)

24 Jan 2025
Washington, Washington 00000 Washington USA

Model Risk Reporting Director (Open to Remote)

As a valued leader on our team, you will manage the work of a team responsible for evaluating operations and compliance in the oversight of the theoretical and empirical research in all areas of mortgage finance business, including mortgage products and securities, borrower behavior, investment and hedging strategies, residential property valuation, macroeconomic models, including housing prices and interest rate, financial valuation of finance assets and derivatives, economic capital, and stress testing. In this role, you will establish, manage, oversee, and perform analytics and reporting functions supporting model governance and risk management.

THE IMPACT YOU WILL MAKE

The Model Risk Reporting Director (Open to Remote) role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:Direct teams in the identification and reporting of existing and emerging model risks that stem from business activities, internal processes, and changes in the financial services industry, regulatory compliance, or other external environmental factors.Work closely with relevant stakeholders to understand all aspects of the workflow processes managed for model validation, model performance monitoring, and model issue management and generate recommendations for identified patterns.Ensure risks associated with business activities are effectively identified, measured, monitored, reported, mitigated, and controlled.Produce qualitative and quantitative analyses for project management and executive-level reports to provide a strategic view of model risk to key stakeholders; design, implement, and maintain an inventory of processes, controls, metric framework and dashboards supporting portfolio and business process assessments.Collaborate on technology solutions to facilitate accurate and comprehensive data capture for compilation, processing, and interpretation required in regular and ad hoc reporting to stakeholders, executive leadership teams, and regulators. Provide innovative thorough, and practical solutions that improve business performance and support business strategies and initiatives.Apply understanding of relevant business context to interpret results, monitor performance, and assess risks, which may include the application of mathematic, statistical, and econometric techniques. Oversee ad hoc quantitative analyses, modeling, or programming using Tableau, SAS, SQL, R, or Python.Build, develop, and motivate a high performing team.Foster a culture of continuous improvement and quality excellence. 

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