At a Glance
- Tasks: Lead the development of a model risk framework and ensure compliance with global regulations.
- Company: Join Vanguard, a leader in investment management with a commitment to innovation.
- Benefits: Competitive salary, visa sponsorship, and opportunities for professional growth.
- Other info: Collaborative environment focused on transparency, accountability, and risk excellence.
- Why this job: Shape the future of model and AI governance in a high-impact leadership role.
- Qualifications: Advanced degree and 8+ years in model risk or related fields required.
The predicted salary is between 100000 - 150000 £ per year.
We’re seeking a strategic and forward‑thinking Head of Governance – Model Risk Management to shape and lead an enterprise‑wide model risk framework in an environment where models, data, and AI are rapidly evolving. This leader will ensure models across the organization are transparent, well‑governed, and aligned with global regulatory expectations—driving defensible practices, strong oversight, and meaningful risk insight for senior leadership and regulators. If you are passionate about elevating governance, influencing enterprise decision‑making, and building a culture of accountability and risk excellence, this is a high‑impact opportunity to lead the future of model and AI governance.
Responsibilities
- Framework Leadership: Lead the development, adoption and maintenance of the model risk framework, including policies, standards, business processes, and controls. Monitor industry trends to ensure the model risk framework remains effective and efficient in managing evolving risks. Partner with leaders across Vanguard to ensure model risk practices are well integrated with Enterprise, Data, Technology, Operational, and AI risk frameworks.
- Committees and Senior Management Engagement: Support the Model Risk committee and oversee establishment of supporting Divisional Model Risk Governance forums. Prepare executive‑level materials for Risk Committees, Audit Committees and the Board. Provide meaningful insights on model risk themes, emerging issues and model performance trends. Establish robust processes for challenge, escalation and dispute resolution.
- Regulatory, Audit and Compliance: Serve as liaison for model risk with internal (audit) and external (regulatory) stakeholders. Ensure timely remediation of regulatory and audit findings. Stay current on evolving global regulations, execute gap assessments and drive remediation efforts to ensure on‑going compliance.
- Model Inventory and Risk Appetite: Direct cross‑functional processes such as enterprise‑wide model inventory attestation to support completeness and accuracy. Support development and reporting of the model risk appetite and associated Key Risk Indicators.
- Technology, Data and Processes: Partner with the technology product owner to define requirements for model life cycle platforms. Ensure governance processes are automated, scalable and executed to high data quality standards.
- Leadership and Stakeholder Management: Lead the team of governance professionals. Partner closely with the broader model risk community and connecting stakeholders (Developers, Owners, Validators, IT, Audit, AI and Enterprise Risk). Promote a culture of transparency, accountability and the risk mindset.
Qualifications
- Advanced degree in a technical field (e.g., math, statistics, computer science).
- At least eight years of relevant experience, including four years developing enterprise‑wide policies, standards and protocols in model risk, AI or a related discipline.
- Deep knowledge of model risk frameworks (SR11‑7, SS1/23); experience with AI frameworks and the EU AI Act preferred.
- Ability to drive enterprise‑wide change and managing complex stakeholder environments.
- Strong analytical, problem‑solving and decision‑making capabilities.
- Exceptional communication and executive‑presence skills with proven experience presenting to senior committees and managing executive‑level stakeholders.
Special Factors
Sponsorship: Vanguard is offering visa sponsorship for this position.
Chief Model Risk & Governance Officer employer: 慨正橡扯
Vanguard is an exceptional employer that fosters a culture of accountability and risk excellence, making it an ideal place for professionals passionate about governance and model risk management. With a commitment to employee growth, Vanguard offers robust training and development opportunities, ensuring that team members are well-equipped to navigate the evolving landscape of models, data, and AI. Located in a dynamic environment, employees benefit from a collaborative work culture that values transparency and innovation, alongside the unique advantage of visa sponsorship for international talent.
StudySmarter Expert Advice🤫
We think this is how you could land Chief Model Risk & Governance Officer
✨Tip Number 1
Network like a pro! Reach out to connections in the industry, attend relevant events, and engage on platforms like LinkedIn. We can’t stress enough how important it is to build relationships that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by researching the company and its model risk practices. We recommend practising common interview questions and having your own questions ready to show your interest and knowledge about the role.
✨Tip Number 3
Showcase your expertise! Create a portfolio or presentation that highlights your experience with model risk frameworks and governance. This will help you stand out and demonstrate your value to potential employers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for passionate individuals who want to make an impact in model risk and governance.
We think you need these skills to ace Chief Model Risk & Governance Officer
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in model risk management and governance. We want to see how your skills align with the job description, so don’t hold back on showcasing relevant achievements!
Showcase Your Leadership Skills:As a Chief Model Risk & Governance Officer, leadership is key. Use your application to demonstrate your ability to lead teams and influence decision-making. Share examples of how you've successfully managed complex stakeholder environments in the past.
Be Clear and Concise:When writing your application, clarity is crucial. We appreciate straightforward language that gets to the point. Avoid jargon unless it’s necessary, and make sure your key points stand out to grab our attention.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity. Plus, it’s super easy to do!
How to prepare for a job interview at 慨正橡扯
✨Know Your Frameworks
Make sure you’re well-versed in model risk frameworks like SR11-7 and SS1/23. Brush up on the latest trends in AI governance too, as this role is all about staying ahead of the curve.
✨Prepare Executive-Level Insights
Since you'll be presenting to senior committees, practice summarising complex model risk themes into clear, concise insights. Use real-world examples to demonstrate your understanding of model performance trends.
✨Showcase Your Leadership Skills
Be ready to discuss your experience leading teams and managing stakeholders. Highlight specific instances where you’ve driven change or improved governance processes, as this will resonate with their need for a strategic leader.
✨Stay Current on Regulations
Familiarise yourself with evolving global regulations and compliance requirements. Be prepared to discuss how you would handle regulatory findings and ensure ongoing compliance in your previous roles.
