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
You’ll take ownership of governance and oversight activities across surveillance model risk, including:
Governance & Oversight
- 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
Regulatory & Policy
- 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
Stakeholder Management
- 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
Reporting & Insight
- 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
We’re keen to speak with candidates who bring:
- 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
Apply Now
If you’re looking to step into a strategic governance role with global exposure and real influence, we’d love to hear from you.
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