Manager, Model Risk Management MY

Key Responsibilities:

Model Risk Governance & Secretariat Duties

• Act as the Secretariat for the Model Risk Management Working Group (MRMWG), including preparing meeting materials, drafting minutes, and tracking action items.
• Prepare well-structured reports, meeting summaries, and governance documents with clarity and precision.
• Coordinate across departments to ensure model risk matters are escalated and addressed effectively.
• Maintain an organized repository of model inventory, validation reports, and governance documents.

Policy Development & Compliance

• Assist in drafting, reviewing, and updating Model Risk Management Policies and other related policies, ensuring they are clear, concise, and aligned with regulatory requirements.
• Collaborate with stakeholders to ensure policies are well-documented and effectively implemented across the organization.
• Support regulatory and internal audit reviews related to model risk management.

Model Risk Monitoring & Reporting

• Support the assessment and monitoring of model risks, including validation tracking and issue resolution.
• Assist in preparing comprehensive model risk reports, presentations, and dashboards for senior management and regulatory reporting.
• Ensure adherence to model risk governance frameworks, including model inventory management.

Required Qualifications & Skills:

• Bachelor’s degree in Finance, Economics, Risk Management, Statistics, Mathematics, or a related field.
• Strong English proficiency (both written and verbal), with excellent writing skills for policy drafting, minutes writing, report preparation, and governance documentation.
• Experience in policy writing, governance, or regulatory compliance is an advantage.
• Strong organizational and project management skills with attention to detail.
• Proficiency in Microsoft Office (Word, Excel, PowerPoint) and ability to prepare structured reports and presentation slides.
• Basic understanding of model risk management principles and financial risk frameworks.
• Ability to work independently and manage multiple tasks in a dynamic environment.
• Analytical mindset with problem-solving skills.

Preferred (but not mandatory) Qualifications:

• Experience in a risk management or compliance function.
• Familiarity with regulatory guidelines related to model risk (e.g., Basel, IFRS 9)
• Exposure to model validation, quantitative risk assessment, or programming languages (Python, R, SAS) is a plus.