Model Risk Manager

3 days ago


Sydney, Australia Commonwealth Bank Full time

**Manager Model Risk**
- **You are**an enthusiastic individual with demonstrated capability in Governance, ideally with background in modelling, analytics, data science or related risk.
- **We are**a team of values-driven Risk Management professionals, striving to improve CBA’s overall risk posture.
- **Together we can**lead the delivery of world-class data, analytics and risk management capabilities to ensure CBA is primed for success.

**See yourself in our team**:
You will be a part of our Model Risk & Validation team, which sits under the wider Enterprise Risk umbrella within CBA.

The role will provide advice on the model risk governance requirements for models in development and use. The role will leverage prior governance experience to support the management of models and AI, ensuring adherence to model risk requirements.

**Do work that matters**:
As part of the Risk Management function, Enterprise Risk ensures that the Group has appropriate strategies and frameworks in place to assess, manage and report on operational risks. You will provide governance risk advice to the Group to ensure the Model Risk Framework is adhered to, whilst enabling Business Units to achieve their strategic objectives.

**On a day-to-day basis you will**:

- Provide commercial, value-added and insightful governance advice to other parts of the MRM function to optimise operational risk management.
- Provide Secretarial support for multiple Model Risk Governance Committees (including AI specific Committees).
- Support the maintenance and strategic improvements to the Group Model Register.
- Support driving continuous improvement and simplification of the Model Risk Framework as it relates to the management of models and AI.
- Support Business Units understanding governance requirements across Models and AI.

**We are interested in hearing from people who have**:

- Experience in supporting/managing Committees.
- Demonstrated skills in written and verbal communication, including ability to interpret regulatory policy, and internal model risk policy and impacts upon Committee responsibilities and authorities.
- Administration and oversight of Policy.
- Understanding of the model/AI lifecycle.
- Ability to negotiate with, and train internal stakeholders across Business Units, Risk, Technology and Audit.
- Experience in risk reporting to Committees and executive management.

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Advertising End Date: 28/01/2025


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