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Model Governance Associate

Model Governance Associate

Texas Capital BankAustin, TX
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Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people’s success — today and tomorrow.

While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment — investing the time and resources to understand our clients’ immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships.

Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO).

Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to ’ Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate’s 2023 list of Best Regional Banks. For more information about joining our team, please visit us at .

Position Overview

Assist the Head of Model Risk Management (MRM) in supporting the governance aspect of the Firm’s Model & End User Computing (EUC) Risk Management programs. This role offers the candidate a unique opportunity to drive enhancements to the existing Model & EUC Risk Management framework, manage external resources globally and partner with various business lines to ensure the robustness of Model & EUC Risk Management framework. The position is within the Bank’s 2LOD risk function of the Model Risk Management Department.

Responsibilities

  • Review and assess risks associated with development, testing, use and implementation of models and End User Computing (EUC) tools bank-wide;
  • Provide guidance to the lines of business to ensure sound model / EUC governance processes in accordance with the Bank’s Model Risk Management Policy and Standards as well as the regulatory guidance (SR 11-7);
  • Participate in overall model / EUC governance activities, including but not limited to, model / EUC identification, vendor model contract review and advisory, inventory management, risk rating, documentation reviews, change management, and issue tracking;
  • Maintain the MRM modules within the Bank’s Archer GRC platform to effectively manage the model / EUC lifecycle;
  • Maintain model / EUC validation and review schedule, and ensure projects are executed and completed timely against established timeframe per MRM program requirements;
  • Provide guidance to tool owners on completing EUC control checklist;
  • Perform EUC control assessments and documentation reviews;
  • Prepare meeting materials for quarterly Model Risk Management Committee (MRMC) and other oversight committee meetings, including but not limited to, preparing agenda, risk topics, MRM program metrics, and publishing meeting minutes;
  • Provide necessary Model / EUC risk management trainings and educations to business line stakeholders to align with changing regulatory expectations and industry best practices;
  • Support internal / external audit and regulatory requests as required;
  • Perform other duties or support special projects as assigned.

Requirements

  • Bachelor’s degree in Statistics / Applied Mathematics, Finance, Economics or similar field;
  • Minimum 5 years of work experience in financial institutions focusing on in-depth quantitative analysis. Prior model risk, model governance, EUC management experience is a strong plus;
  • Understand MRM regulatory guidance requirements (SR 11-7);
  • Experience with common statistical tool or programming language (R, SAS, SQL, Python or similar) is preferred;
  • Strong Microsoft application knowledge (Excel, Word, Access, PowerPoint and Outlook);
  • Solid analytical and problem-solving skills;
  • Consistently demonstrates clear and concise written and verbal communication skills;
  • Strong ability to communicate complex technical results to non-quantitative audience;
  • Self-motivated, well organized and detail oriented to handle diverse and concurrent assignments;
  • Knowledgeable in risk management processes, change management, oversight and governance, process improvement, consulting, banking or similar in the financial services industry;
  • Ability to perform in a fast-paced and transformative environment;
  • Collaboration with others. Team player who brings a “can-do and will-do” attitude;
  • Exceptional time management skills and being able to work independently.
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