Model Governance Resume Sample
Work Experience
- Serves as the primary point of contact for the lines of businesses with all model risk related matters. Has an in depth knowledge of the enterprise’s policies and procedures around model risk; and serves as an ambassador for the Model Risk area under the direction of the Director of Business Risk
- Maintains the enterprise’s model inventory to ensure completeness and accuracy. Understand how the models are used, who owns them, and what issues exist for those models and how they are mitigated
- Provide guidance on model usage and enforce limits
- Partner with the lines of business to enhance understanding of model risks and ensure transparency of the models used in their respective areas
- Providing Operating Model expertise, as an enabler to challenge and collaborate with stakeholders
- Manage and support staff to comply with the End User Tool (EUT) Policy for L&R’s actuarial EUTs
- Developing and implementing Python applications within firm’s proprietary framework (Athena)
- Knowledge of VBA or Python or SQL would be an advantage
- Private medical care
- Carry out model reviews requiring rapid turnaround; refer remainder to Model Review Group
- Work with other coverage partners such as Model Review, Market Risk, Valuation Control, Finance, and Audit
- Identify requirements for documented procedures based on a gap analysis of current procedures against end-to-end model risk management process flows
- Development, implementation and maintenance of standards and procedures to ensure execution of processes and activities required by the policy and regulatory guidance
- Oversight, review and maintenance of the procedures catalog
- Assisting the Model Risk Control and Assurance Manager with the implementation of key initiatives critical to the success of the Model Risk Management Group
- Review MRM’s existing end-to-end lifecycle processes for each of the model risk silos
- Identify simplification opportunities across process, documentation, and key model risk appetite metrics across each business area
- Create a consistent and more efficient model validation process business areas as additional resources are added
- Improve system infrastructure to enable more efficient use of MRM resources and better client experience
- Enhance model identification process and attestation of model inventory as well as control environment
- Manage to high performance standards and work collaboratively to deliver exceptional results for BMO
- Communicate BMO goals and function goals in a compelling manner and model Being BMO behavior to build the most effective work environment
- Attract, develop and allocate talent across BMO to support the realization of group goals and employees’ personal career aspirations; build a culture that motivates employees to continuously enhance their skills and perform to the best of their ability
- Implement the organization’s model risk management initiatives and programs to support overall enterprise and group goals and requirements; set context for employees to ensure engagement and provide feedback as required to ensure ongoing effectiveness
- Have the requisite understanding of the team’s goals, effectively manage the day-to-day activities of the team to maximize performance and output; demonstrate sound and timely decision making (e.g., seeking input when required for complex tasks) to remove road blocks and improve performance
Education
Professional Skills
- Prior experience in following backgrounds: Quantitative Model Development, Model Validation, Trading or Structuring
- Excellent communication skills – both verbally and written – and be able to relate to all level of employees
- Excellent people management skills with the ability to supervise, train and develop a team
- Excellent people management skills with the ability to supervise train and develop a team
- Solid computer programming (C , Matlab, Visual Basic etc) and quantitative skills (stochastic calculus, statistics, PDE and Monte Carlo simulation etc)
- Solid computer programming and quantitative skills
- Knowledge of current regulations and guidelines, prior experience in interaction with regulators
How to write Model Governance Resume
Model Governance role is responsible for design, modeling, research, consulting, reporting, trading, security, database, credit, finance.
To write great resume for model governance job, your resume must include:
- Your contact information
- Work experience
- Education
- Skill listing
Contact Information For Model Governance Resume
The section contact information is important in your model governance resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:
- First and last name
- Telephone number
Work Experience in Your Model Governance Resume
The section work experience is an essential part of your model governance resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous model governance responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular model governance position you're applying to.
The work experience section should be the detailed summary of your latest 3 or 4 positions.
Representative Model Governance resume experience can include:
- Demonstrated proficiency in statistical tools and technology such as eViews, SAS, KnowledgeSeeker, KXEN, R etc
- The ability to demonstrate that they can execute on high profile initiatives
- Demonstrate credible challenge
- Acting as a business partner for senior management and executives across the Firm
- Sound understanding of the Bank’s structure, operation and information systems
- Practical and pragmatic in judgment, analysis and decision making
Education on a Model Governance Resume
Make sure to make education a priority on your model governance resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your model governance experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.
Additional details to include:
- School you graduated from
- Major/ minor
- Year of graduation
- Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.
Professional Skills in Model Governance Resume
When listing skills on your model governance resume, remember always to be honest about your level of ability. Include the Skills section after experience.
Present the most important skills in your resume, there's a list of typical model governance skills:
- Experience in developing, testing, implementing and validating complex and sophisticated financial, econometric and statistical models in credit card, consumer lending or payments industry
- In depth experience and understanding of statistical modeling concepts (logistic and GLM, decision tree, and neural network) or financial modeling concepts (e.g., multi-factor regression models, time series analysis, VaR, Markov chains, Monte-Carlo analysis, etc.)
- Internal consulting strategy skills necessary to simplify processes and identify improvement opportunities
- People management and leadership skills, ability to network internally
- Experience with vendor models and knowledge of credit bureau attributes and/or Stress Testing, Capital Planning and Basel II (PD, LGD, EAD framework)
- Experience at managing remote teams
List of Typical Skills For a Model Governance Resume
Skills For Practice Expert Marketing Model Governance & Validation Consultant Resume
- The ability to interpret and analyse large volumes of data and, at times, complex information
- The ability to interpret and analyze large volumes of data and, at times, complex information
- Provide counsel to Shared Services, Retail Banking and other related IB Partners for operational and reputational risk issues by being aware of the environments in which the Bank operates, and by exercising diligence in the observation of potential problems. Solicit Stakeholder input including Compliance, Security and Investigation, and Audit as required, to act for resolution and/or mitigation
- Set and communicate clear goals and expectations for employees; coach and provide candid and constructive performance feedback that holds employees accountable for the outcomes they achieve and how they achieve them; build effective development plans with employees to foster the realization of required performance as well as prepare them for future career options