Senior Principal Model Governance

Job Description

We are looking for a highly qualified Senior Principal Model Governance to provide tactical direction and leadership in setting up policies, procedures, and standards for managing model risk at Discover Financial Services. As a key member of the team, you will collaborate closely with various model development and validation teams to ensure the effective governance and management of complex enterprise model frameworks.

Responsibilities

• Implement and enforce policies and procedures related to model risk management.
• Lead in maintaining model risk infrastructure and standardization efforts.
• Interact with external regulators and internal auditors to demonstrate operational effectiveness of model governance policies.
• Analyze and manage development, validation, and retirement standards for models.

Minimum Qualifications

• Bachelor’s degree in Economics, Statistics, Business, Mathematics, or Engineering.
• 6+ years of experience in Model Risk Management, Model Governance, or related fields.

Preferred Qualifications

• Master’s degree in economics, Statistics, Business, Finance, Mathematics, Analytics, or Engineering.
• 8+ years of experience in Model Risk Management or related roles.
• Proficiency in SAS, SQL, and Tableau.
• Relevant certifications like PMP or FRM.

Benefits

• Competitive base pay ranging from $103,000.00 to $174,200.00.
• Additional incentives offered as part of a comprehensive compensation package.
• A variety of benefits and programs including Paid Parental Leave, 401(k) Plan, and Employee Stock Purchase Plan.