Head of Model Risk Management (MRM)

Responsibilities

• Define, implement, and maintain Ayvens’ Model Risk Management (MRM) framework in line with SG Group policies, standards, and methodologies.
• Ensure consistent application of MRM principles across all entities, geographies, and model families used within Ayvens.
• Establish and regularly update internal rules governing model identification, inventory, tiering, validation, ongoing monitoring, and remediation.
• Act as the reference authority for the interpretation and application of Group MRM standards within Ayvens.
• Oversight of the Full Model Lifecycle: identify, classify, and document all models across entities.
• Ensure that models undergo independent reviews prior to use, covering conceptual soundness, data quality, implementation correctness, usage adequacy, and monitoring robustness.
• Oversee remediation plans from review findings, ensuring timely resolution of weaknesses.
• Ensure proportionality of MRM requirements based on model materiality and risk rating.
• Provide effective challenge to the first line of defense on model design choices, assumptions, limitations, usage, and risk mitigation techniques.
• Allocate responsibilities between 1Lo

  D and 2Lo

  D, maintaining independence.
• Escalate material model risk issues to senior management and governance bodies when required.
• Define, produce, and present clear, action‑oriented reporting on model risk exposure to Senior Management and SG Group MRM governance.
• Chair Model Approval Meetings and coordinate the Ayvens Model Risk Management Committee.
• Contribute to Group‑level forums, promoting best practices and consistency.
• Lead and develop MRM teams across multiple locations (Paris / Amsterdam).
• Assess resource needs, skills, and capacity to sustain MRM delivery.
• Promote continuous upskilling on model risk topics, including emerging AI risks.
• Act as senior expert and trusted advisor on model risk‑related decisions.
• Monitor regulatory developments impacting model risk, including banking regulation, internal models, AI Act, supervisory expectations.
• Ensure timely implementation of regulatory changes within the MRM framework.
• Serve as the primary contact for regulators and internal audit on model risk topics.

Qualifications

• Minimum 10 years’ experience in quantitative research, model review, model governance, or quantitative audit.
• Experience in banking or consulting environments preferred.
• Proven track record in leading risk management or model risk teams.
• Experience interacting with regulators and executive management.
• Strong leadership and ability to drive cross‑functional collaboration.
• Excellent communication and stakeholder management skills at all levels.
• Analytical and organizational skills for complex model risk processes.
• Proactive approach to problem‑solving and continuous improvement.
• Assertiveness and ability to influence at executive level.
• Strong sense of responsibility and integrity.
• Flexible and adaptable, willingness to travel primarily between Amsterdam and Paris.
• Master’s or higher degree in a quantitative or technical discipline (Computer Science, Economics, Econometrics, Mathematics, Statistics).
• In‑depth knowledge of model risk management and risk governance.
• Understanding of European and international banking/financial regulations.
• Advanced analytical and organizational skills.
• Ability to manage multiple priorities and stakeholders.
• Leadership and team management.
• Training and knowledge‑sharing capabilities.
• Appetite for innovation (AI, automation, etc.).

IT Applications

• Proficiency with model risk management tools and systems.
• Familiarity with governance risk & compliance tools.
• Advanced knowledge of Microsoft Office Suite (Excel, PowerPoint, Word).
• Familiarity with data analysis and statistical software (Python, R).

Languages

• English required; French and Dutch are assets.