Description
Our client a financial services organisation has an urgent requirement for a Governance Manager.
The successful candidate will have experience with QRM or extensive ALM experience.
The Governance Manager will be a ccountable for delivering documentation to the Independent Validation Unit for the implementation for a specific Interest Rate Risk in the Banking Book Model.
This role will involved the following:
- How QRM has been configured to manage and report IRRBB (including Structural Risk and Basis Risk). This will encompass a full description of the risk methodology and calculations to manage the balance sheet
- The intended use of QRM and comparison with existing models, systems and controls with a clear explanation of how QRM results and processes differ
- Internal and external reporting
- Evidencing that the business operating model and risk infrastructure is Embedded into business as usual processes
- Model development and testing in accordance with Model Development and Testing Policy
- Key stakeholder communication including agreement of documentation requirements, timing and format
- Provide evidential documentation of QRM configuration, risk methodology, data, systems and controls for IRRBB
- Catalogue, manage and respond to all relevant queries, escalating as appropriate
- Ensure key controls over the model are documented and evidenced and fit for purpose including balance sheet coverage and reconciliation
- Ensure differences to existing, reported, metrics and reporting are explained with sufficient granularity (working with ALM and GMR testing teams)
- Quality assurance of documentation. Represent ALM model submissions to required governance committees to achieve sign-off for model implementation
Please note that, due to the high level of applications we receive, we are not able to provide individual responses. If you have not heard from us within 2 working days, please assume that you have not been successful on this occasion.
Campion Willcocks is an equal opportunities employer. Services advertised by Campion Willcocks are those of an employment business.