A leading global consulting firm, not a Big-Four, known for its strong presence in the Finance, Analytics, GRC, Fintech, Internal Audit and Technology Consulting space with a diverse set of local and international clientele, is keen to hire a (Senior) Manager Model Risk Management.
The group has grown rapidly in terms of their activities, track record and presence and has succeeded in breaking new ground with their innovative business model within the following consulting solutions;
With 4000+ professionals, the firm strives to serve clients through their own network with a global presence in 20 countries across 80+ offices.
Consistently featuring in top workplaces to work for and best consulting firms lists by Forbes, the firm is known for its entrepreneurial and autonomy driven work culture.
The Consultancy distinguishes itself by projecting the following values:
1. Real and substantive knowledge
2. Listening to the customer and looking for the solution together instead of slightly adjusting its 'own' model and pushing it into the organization (which sometimes seems to be the case with other Consultancies)
3. Jointly (with the customer) putting together a solution, so that the solution is a more permanent one
4. Soft skills - involved, friendly, authentic and professional
About the mandate:
This role is suitable for an experienced Quantitative Risk Management professional with 6+ years of experience. The Manager/Senior Manager (depending on your experience) will be responsible for the Model Risk Management projects, initially focusing on the 3rd LOD through a risk-based approach to provide assurance and internal audit solutions. The value addition is to utilize your Quantitative Risk Management background and drive the projects from a quantitative data analysis outlook and review of these existing models with the client`s models.
Understanding of the users/ stakeholders, content and compliance related to these models will be important areas to focus on. Being the Subject Matter Expert for the Quantitative Risk Management & Modelling aptitude at the Model Risk desk, the incumbent will be the “Go-To” person and absolute authority to challenge client’s quantitative models.
The Manager/ Senior Manager for this position would collaborate closely with the Model Audit team and will have client facing responsibilities. Along with the focus on the 3rd LOD, the role would include working on Artificial Intelligence and Risk Modelling based models and projects. The objective of this position is to develop its own niche with a diverse set of Quantitative projects as well as develop its Artificial Intelligence related offerings.
In terms of the personality traits required for this position, senior professionals with an inquisitive and proactive mindset would be ideal for the role. They would be given complete autonomy and the right infrastructure to facilitate developing and streamlining the desk to have more Quantitative, Artificial Intelligence and Machine Learning concentrated projects, as well as a long-term vision and foresight to understand emerging state of the art technologies and incorporating them.
Another essential part of this role is the commercial mind-set and fluent Dutch (written and verbal) as this professional will be liaising directly with their prolific clientele and representing the Consultancy.
Model risk management is receiving attention due to the increase in more quantitative data analysis models. As regulatory supervision on model risk management increases, the internal audit function plays a key role in the assessment of the framework in organizations;
Model Risk Manager
The firm is currently strengthening and extending its Model Risk Management team in the Netherlands. Therefore, looking for a model risk manager to facilitate and grow the market in the Netherlands, where you will work together with an international team of highly qualified professionals.
As manager Model Risk Management you will be responsible to:
Knowledge and experience:
Areas of experience: