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  • Model Risk Governance Program Analyst

    Bank OZK (Little Rock, AR)



    Apply Now

    Why Bank OZK

     

    Founded on a legacy of more than 120 years in banking, Bank OZK is much more than just a company. We’re nationally recognized as an industry leader in financial services. That means we combine exceptional service with innovative technologies to deliver smart solutions to our clients across the country. We’re investing in small businesses, fueling economies in local communities and changing skylines in the largest cities across America. Here, we're not simply filling roles. We're fostering even greater careers.

     

    The foundation for a great career starts with an exceptional team and a comprehensive benefits package. We believe in providing our dedicated team members with the best resources to support their physical, mental and financial wellbeing, including generous PTO, 401(k) matching, health, dental, vision (and pet!) insurance as well as special perks and discounts. Learn more about Bank OZK benefits (https://careers.ozk.com/benefits) .

     

    Job Purpose & Scope

     

    Supports the Model Governance Program and the objectives and program goals of Model Risk Management (MRM) through day-to-day operational support and execution of key model governance activities under general supervision.

     

    Essential Job Functions

     

    + Administers the Model Risk Management (MRM) platform and inventory (Apparity, Github, Jira, SAS, Smartsheet, SharePoint).

    + Coordinates model validation projects and manages workflows related to validation findings.

    + Verifies results on ongoing model monitoring reports, provides effective challenge and reports results to the oversight committee.

    + Creates model and End User Computing (EUC) attestation forms on the respective platforms. Liaises with model owners and EUC owners to ensure quarterly model and EUC attestations are performed in a timely manner.

    + Reviews model validation reports for adherence to procedures and standard.

    + Tracks, reports on, and manages remediation progress for all model-related findings and issues.

    + Fosters relationships across the organization to promote Risk Management practices that balance rewards with existing and emerging risks.

    + Facilitates ad-hoc training for the 1st Line of Defense business partners that provides awareness and education on compliance to the MRM policy, procedures and standard.

    + Monitors MRM key risk indicators and applicable policy adherence.

    + Assists with the creation of the MRM quarterly reporting deck to reflect validation results, governance policy breaches, and other key materials required for the management oversight committees.

    + Supports the Program Manager’s implementation and monitoring of the Bank’s End-User-Computing (“EUC”) program and policy, including management of the EUC inventory and providing guidance to internal partners on maneuvering through EUC application.

    + Provides feedback to key Risk leadership on any pertinent matters requiring attention.

    + Collaborate with model developers, users, and business risk coordinators to collect artifacts and/or information for internal/external audit engagements.

    + Performs other duties as assigned.

     

    Knowledge, Skills & Abilities

     

    + General knowledge of model risk management governance frameworks and principles.

    + Basic knowledge of the financial services regulatory environment.

    + Basic knowledge of internal controls related to model risk management.

    + Basic knowledge of project management practices.

    + Basic knowledge of model usage principles and practices and how they relate to the business.

    + Ability to communicate effectively both verbally and in writing, including presentation skills and the ability to speak clearly and persuasively in various situations.

    + Ability to work under general supervision.

    + Ability to work effectively with all levels of management and internal and external stakeholders.

    + Ability to work effectively and efficiently both as part of a team and independently, while demonstrating effective interpersonal skills.

    + Ability to utilize discretion and sound judgment in decision making and maintain confidentiality.

    + Ability to demonstrate effective critical thinking, analytical, and problem-solving skills.

    + Ability to prioritize and manage multiple projects and tasks simultaneously, working with both exacting deadlines and shifting demands, unforeseen events, and changing priorities.

    + Ability to demonstrate initiative and be proactive in accomplishing work tasks and objectives.

    + Ability to coordinate and facilitate meetings to ensure resolution of items.

    + Ability to work extended hours and travel, including overnight stays, as needed.

    + Skill in using computer and Microsoft Office, including Word, PowerPoint and Excel.

    Basic Qualifications

    + Bachelor’s degree in business, accounting, economics, statistics, mathematics, or job-related field, or commensurate work experience, required.

    + 6+ months’ experience in model risk or project management, preferred.

     

    Job Expectations

     

    Operate customary equipment and technology used in a business environment, with or without accommodation.

     

    Note: This description is not an exhaustive list of all job functions, duties, skills, and job standards required. Other job functions, duties, skills, and standards may be added. Management reserves the right to add or change the job requirements at any time.

    #LI-RV1

    EEO Statement

     

    Bank OZK is an equal opportunity employer and give consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.

     


    Apply Now



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