At a Glance
- Tasks: Lead the Model Risk Framework, ensuring compliance with regulations and internal standards.
- Company: Join Deutsche Bank, a global leader in finance, promoting diversity and collaboration.
- Benefits: Enjoy hybrid working, competitive salary, 30 days holiday, and flexible perks.
- Why this job: Be part of a culture that values continuous learning and impactful risk management.
- Qualifications: Experience in finance or consulting with strong analytical skills required.
- Other info: Opportunity for training, development, and volunteering leave.
The predicted salary is between 48000 - 72000 £ per year.
Join to apply for the Model Risk Framework Lead role at Australian Investors Association.
Job ID: R0373285
Full/Part-Time: Full-time
Regular/Temporary: Regular
Listed: 2025-05-28
Location: London
Position Overview
The Chief Risk Office function manages credit, market, model, operational, enterprise, and liquidity risks, developing risk measurement methods and frameworks to foster a strong risk culture across the bank. Within Model Risk Management, the Governance and Control team is responsible for designing group-level frameworks, assessing portfolio model risk, and managing model risk governance forums and processes. As Model Risk Framework Lead, you will ensure the Model Risk framework aligns with regulatory standards and internal governance.
What We Offer
- Hybrid Working Model allowing remote work part of the time
- Competitive salary and non-contributory pension
- 30 days holiday plus bank holidays, with options to purchase extra days
- Life Assurance and Private Healthcare for you and your family
- Flexible benefits including retail discounts, Bike4Work, and gym benefits
- Support for CSR initiatives and 2 days volunteering leave annually
Key Responsibilities
- Ensure policies, procedures, and documents meet regulatory and internal standards
- Build relationships with stakeholders, including model developers and users, to incorporate feedback and ensure practical decision-making
- Represent the department in bank-wide governance forums
- Collaborate with stakeholders and IT to streamline processes and controls
- Support model risk initiatives, controls optimization, and stakeholder training
Skills and Experience
- Relevant experience in finance or consulting, with knowledge of risk management and models
- Strong analytical and problem-solving skills
- Ability to drive initiatives and design controls
How We Support You
- Training and development opportunities
- Flexible working arrangements
- Culture of continuous learning and progression
- Flexible benefits tailored to your needs
- Inclusive environment with reasonable adjustments for disabilities
About Us
Deutsche Bank is a leading global bank with European roots. We promote a culture of responsibility, collaboration, and excellence, valuing diversity and inclusion.
Additional Details
- Seniority level: Mid-Senior level
- Employment type: Temporary
- Job function: Management
- Industry: Strategic Management Services
Model Risk Framework Lead, within Model Risk Governance and Control team employer: Australian Investors Association
Contact Detail:
Australian Investors Association Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Model Risk Framework Lead, within Model Risk Governance and Control team
✨Tip Number 1
Familiarise yourself with the latest regulatory standards and internal governance frameworks relevant to model risk management. This knowledge will not only help you in interviews but also demonstrate your commitment to aligning with the expectations of the role.
✨Tip Number 2
Network with professionals in the finance and risk management sectors, particularly those who have experience in model risk governance. Engaging in conversations can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully built relationships with stakeholders in previous roles. Highlighting your collaborative skills will be crucial, as this position requires working closely with various teams.
✨Tip Number 4
Stay updated on the latest trends and technologies in risk management, especially those that enhance model risk controls. Showing that you are proactive about continuous learning can set you apart from other candidates.
We think you need these skills to ace Model Risk Framework Lead, within Model Risk Governance and Control team
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Model Risk Framework Lead position. Tailor your application to highlight how your experience aligns with the key responsibilities outlined in the job description.
Highlight Relevant Experience: In your CV and cover letter, emphasise your relevant experience in finance or consulting, particularly in risk management and models. Use specific examples to demonstrate your analytical and problem-solving skills, as well as your ability to drive initiatives.
Showcase Stakeholder Engagement: Since the role involves building relationships with stakeholders, include examples of how you've successfully collaborated with others in previous roles. This could involve working with model developers, users, or participating in governance forums.
Tailor Your Application Documents: Make sure your CV and cover letter are tailored specifically for this role. Use keywords from the job description and ensure that your documents reflect your understanding of the regulatory standards and internal governance mentioned in the posting.
How to prepare for a job interview at Australian Investors Association
✨Understand the Model Risk Framework
Make sure you have a solid grasp of what a Model Risk Framework entails. Familiarise yourself with regulatory standards and internal governance processes, as these will be key topics during your interview.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used your analytical and problem-solving skills in previous roles. Highlight how these experiences can translate into the responsibilities of the Model Risk Framework Lead position.
✨Build Relationships
Demonstrate your ability to build relationships with stakeholders. Be ready to share instances where you've successfully collaborated with model developers or users to enhance decision-making processes.
✨Prepare for Governance Discussions
Since you'll represent the department in bank-wide governance forums, brush up on your knowledge of governance structures and be prepared to discuss how you would approach these discussions effectively.