Model Risk Manager

Description:

For more information and/or to apply, please visit our career site at:
my100bank.com/careers

GENERAL DESCRIPTION OF POSITION
The Model Risk Manager will be the lead in developing, implementing, and overseeing the company's model risk governance framework. This may include, but is not limited to, developing model risk and control standards, overseeing the model inventory and ownership, conducting model risk assessments and advising lines of business as to their roles in the company's governance framework. This position will have frequent opportunities to interact with Senior Management and the Board of Directors and/or a Committee thereof.

ESSENTIAL DUTIES AND RESPONSIBILITIES
1. Establish, maintain, and oversee a model risk management framework and governance structure, partnering closely with key stakeholders across the enterprise.

2. Develop and implement company-wide standards supporting the model risk management framework.

3. Ensure thorough identification and clarity of ownership for models and related controls.

4. Conduct periodic model risk and control assessments using a broad, enterprise-wide perspective.

5. Oversight of ongoing model performance and management of findings, including issues tracking and escalation.

6. Develop and produce model risk reports for various audiences, such as: Board of Directors or a Committee thereof, Risk Committee, and other lines of business and management committees.

7. Create and execute project work plans and collaborate with lines of business to enhance model governance process.

8. Manage the model inventory and lead process improvements for the model risk management program.

9. Maintain regular status updates, and facilitate resolution/escalations of issues in a timely manner.

10. Create periodic reporting for the Board of Directors and/or a Committee thereof, Executive and Management Committees.

11. Assist in standardizing, automating, managing workflows, and adoption of the model risk management program throughout the enterprise.

12. Have the ability to understand and analyze complex quantitative models, risk, and controls involved in their usage throughout the enterprise.

13. Coordinate with lines of business and enterprise risk management in their interaction with regulators and external auditors regarding the model risk management program.

14. Assist with the development of data validation standards and assess data quality that feeds each model.

15. Assist in the development and support of an annual model review process.

16. Promote a risk-aware culture that ensures efficient and effective risk and compliance management practices by adhering to required standards and processes.

17. The ability to work in a constant state of alertness and in a safe manner.

18. Completes required BSA/AML training and other compliance training as assigned. This duty is performed as needed.

19. Perform any other related duties as required or assigned.

EDUCATION AND EXPERIENCE
Broad knowledge of such fields as accounting, marketing, business administration, finance, etc. Equivalent to a four year college degree, plus 5 years related experience and/or training, and 3 years related management experience, or equivalent combination of education and experience.

ADDITIONAL INFORMATION
Preferred education and experience:
- Bachelor's or Master's degree in finance, mathematics or statistics

WE OFFER:
Competitive Salaries
Paid holidays and vacation
401K Plan
Health Insurance

• Home BancShares, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, religion, national origin, disability, veteran status, family or marital status, gender identity or expression, or any other characteristic protected by law.
• EEO/AA/Veteran/Disabled/F/M

For more information and/or to apply, please visit our career site at:
my100bank.com/careers.

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