Model Risk Management Analyst Job at BCforward, Pennington, NJ

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  • BCforward
  • Pennington, NJ

Job Description

BCforward is currently seeking a highly motivated Model Risk Management Analyst / Model Governance Portfolio Manager opportunity Pennington, NJ!

Position Title: Model Risk Management Analyst / Model Governance Portfolio Manager

Location: Pennington, NJ

Anticipated Start Date: ASAP

Please note this is the target date and is subject the change. BCforward will send official notice ahead of a confirmed start date.

Expected Duration: 12 months Contract

Job Type: PART TIME, CONTRACT, ONSITE

Pay Range: $50/hr

Please note that actual compensation may vary within this range due the factors such as location, experience, and job responsibilities, and does not encompass additional non-standard compensation (e.g., benefits, paid time off, per diem, etc.).

Requirements:

  • Enterprise AI
  • Model Risk Management
  • Governance

Job Description

  • The Model Governance Portfolio Manager team leads the review, oversight and monitoring of the AI, model and critical use spreadsheet portfolio
  • They are responsible for review and maintenance of model documentation, tracking, reporting and on-going compliance with the Enterprise AI, Model Risk Management and Critical Use Spreadsheet Policies. Drives the model risk strategy for GT through monitoring and oversight of the model and critical use spreadsheet inventory and ensures overall governance adherence to the Enterprise Model Risk Management and AI Policies and standards including model identification, model health and the quarterly attestation.
  • Assist in the coordination, maintenance, communications and follow up to cross divisional stakeholders a schedule of deliverables and routine timelines to ensure commitments are met on time
  • Understand and educate new model owners on documentation and procedures
  • They support driving the solutions horizontally across the GT divisions to optimize performance, prioritize and monitor overall risks and core processes while focusing on operational excellence.
  • They also participate in governance forums to monitor model inventory health and MRM developer activities. Drives solutions for self-identification of risks and control gaps and monitoring of implementation.

Required (hard) skills

Primary Skill- Business Analyst (Domain Expert)

  • Ability to integrate and analyze data from multiple sources, draw conclusions, and provide recommendations
  • Proven project management experience e.g. new process/work flow creation and implementation
  • Advances MS Office Proficiency (Excel, Word, PowerPoint)
  • Characteristics of the top performer
  • Demonstrated understanding of the importance of business ethics
  • Highly effective written and verbal communication skills
  • Proven time management and organizational skills
  • Demonstrates accountability and ownership
  • Strong collaboration and partnering skills with ability to positively influence and motivate others, enjoys working in a team environment
  • Drives timely decisions, knowing when to engage others for additional input and when to act independently
  • Comfortable with ambiguous situations capable of analyzing, simplifying, and collaborating to solve complex problems
  • Ability to work alongside all levels of management and across multiple partner teams

Keywords:

  • Model Risk Management
  • Governance

Benefits:

BCforward offers all eligible employees a comprehensive benefits package including, but not limited to major medical, HSA, dental, vision, employer-provided group life, voluntary life insurance, short-term disability, long-term disability, and 401k.

About BCforward:

Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward’s 6,000 consultants support more than 225 clients globally.

BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.

BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.

To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our Privacy Notice and CCPA Addendum. As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process.

Job Tags

Contract work, Temporary work, Part time, Immediate start, Offshore,

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