At a Glance
- Tasks: Lead model risk governance and oversight in a dynamic banking environment.
- Company: Join a leading Global Bank focused on ethics and compliance.
- Benefits: Competitive salary, generous annual leave, and comprehensive medical insurance.
- Other info: Opportunity for career growth and global exposure in a fast-paced setting.
- Why this job: Make a real impact on governance frameworks and regulatory alignment.
- Qualifications: Experience in model risk management and strong stakeholder engagement skills.
The predicted salary is between 85000 - 85000 £ per year.
We are seeking a Vice President – Model Risk Governance (Surveillance) to join a leading Global Bank within its Ethics and Compliance function. This is a high-impact role sitting at the crossroads of model risk management, regulatory governance and market abuse surveillance, offering the opportunity to work with senior stakeholders across global teams. You will play a key role in strengthening governance frameworks, driving regulatory alignment and ensuring robust oversight across surveillance models used to detect market abuse.
What You’ll Be Doing
- Support the execution of model risk governance across surveillance frameworks
- Oversee model lifecycle controls, including reviews, risk ratings and issue remediation
- Ensure consistent application of governance standards across global surveillance teams
- Ensure alignment with internal policies and evolving global regulatory expectations
- Lead responses to regulatory and audit requests regarding model governance
- Enhance policies, procedures and controls to strengthen compliance
- Partner with senior stakeholders across Compliance, Risk, Audit and the business
- Act as a key liaison between Model Risk Management (MRM) and surveillance teams
- Facilitate governance committees and support risk‑based decision making
- Deliver executive‑level reporting on model risk exposure and remediation progress
- Maintain transparent governance documentation and audit trails
- Ensure timely escalation of key risks and issues
- Drive innovation and improvements across governance processes
- Support automation and data‑led enhancements to reporting and oversight
- Challenge existing frameworks and contribute to broader model risk initiatives
What We’re Looking For
- Experience in model risk management, governance, or non‑financial risk within banking
- Strong understanding of the three lines of defence model
- Proven experience engaging with regulators and managing audit processes
- Knowledge of global regulatory expectations (e.g. PRA, ECB, FRB, OCC)
- Excellent stakeholder management and ability to influence at senior levels
- Strong analytical and reporting skills (Excel, PowerPoint; Tableau/Power BI desirable)
- Experience driving governance enhancements or transformation initiatives
- Ability to manage multiple priorities in a fast‑paced, regulated environment
The Package
- Salary: Up to £85,000
- Bonus: 10‑15% discretionary bonus, based on company performance
- Pension: Employer contribution of 12% with no mandatory employee contribution
- Annual Leave: 26 days’ holiday plus bank holidays, increasing to 28 days after 3 years and 30 days after 5 years’ service
- Private Medical Insurance (AXA): Comprehensive cover for you, your partner and dependants
- Protection Benefits: Life assurance and income protection
If you’re looking to step into a strategic governance role with global exposure and real influence, we’d love to hear from you.
VP – Model Risk Governance (Surveillance) in Glasgow employer: Lorien
Join a leading Global Bank that prioritises employee growth and development within a dynamic work culture. As a Vice President in Model Risk Governance, you will benefit from competitive compensation, generous annual leave, and comprehensive health coverage, all while collaborating with senior stakeholders in a high-impact role that shapes the future of regulatory compliance and governance. This is an exceptional opportunity to make a meaningful impact in a supportive environment that values innovation and excellence.
StudySmarter Expert Advice🤫
We think this is how you could land VP – Model Risk Governance (Surveillance) in Glasgow
✨Tip Number 1
Network like a pro! Reach out to connections in the banking and compliance sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its governance frameworks. Be ready to discuss how your experience aligns with their needs, especially around model risk management and regulatory expectations. Show them you’re the perfect fit!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a thank-you email to express your appreciation and reiterate your interest in the role. It keeps you on their radar and shows your enthusiasm.
✨Tip Number 4
Apply through our website for the best chance at landing that VP role! We want to see your application directly, and it helps us keep track of all the amazing candidates like you. Let’s make it happen!
We think you need these skills to ace VP – Model Risk Governance (Surveillance) in Glasgow
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of VP – Model Risk Governance. Highlight your experience in model risk management and governance, and don’t forget to mention any regulatory knowledge you have. We want to see how your background aligns with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this high-impact role. Share specific examples of your stakeholder management skills and how you've driven governance enhancements in the past. Let us see your passion for the role!
Showcase Your Analytical Skills:Since this role involves a lot of reporting and oversight, make sure to highlight your analytical skills. Mention any tools you’ve used like Excel or Power BI, and provide examples of how you’ve used data to drive decisions. We love seeing numbers tell a story!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. We can’t wait to see your application!
How to prepare for a job interview at Lorien
✨Know Your Governance Frameworks
Make sure you brush up on the governance frameworks relevant to model risk management. Understand how they apply to surveillance models and be ready to discuss your experience with them. This will show that you’re not just familiar with the theory but can also apply it in practice.
✨Engage with Regulatory Expectations
Familiarise yourself with the latest global regulatory expectations, such as those from the PRA, ECB, and FRB. Be prepared to discuss how you've navigated these in past roles, especially in relation to audit processes. This demonstrates your proactive approach to compliance.
✨Showcase Stakeholder Management Skills
Think of examples where you've successfully engaged with senior stakeholders. Highlight your ability to influence decisions and facilitate governance committees. This is crucial for a role that requires collaboration across various teams.
✨Demonstrate Analytical Prowess
Be ready to talk about your analytical skills, particularly with tools like Excel, PowerPoint, and any experience with Tableau or Power BI. Prepare to share specific instances where your reporting led to actionable insights or improvements in governance processes.
