Maintain the model inventory, ensuring it is up-to-date by confirming assigned models have correct attributes (status, owner, risk tier, review dates, etc.). Assist in model identification, classification, and risk rating.
Monitor the end-to-end issues management lifecycle of findings resulting from model validations, including tracking remediation progress and verifying closure documentation.
Ensure key details (assumptions, inputs, purpose, limitations) are clearly recorded in model documentation.
Perform hands-on validation of new and existing models, challenging conceptual soundness, assumptions, inputs, and performance metrics.
Conduct annual reviews and write annual review reports.
Act as a key point of contact with model developers and owners to discuss validation findings and provide effective challenge.
Support requests received from third parties and Internal Audit related to mode...
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