SummaryPosition based in New York, within the Risk Division, to assist the CUSO Model Risk Governance within the Enterprise Wide Risk Management Team.The primary mission of the team is to reinforce the local implementation of Credit Agricole SA Group risk monitoring standards while ensuring U.S.specificities and requirements are properly taken into account.The team will be more specifically in charge of : - Assisting the CUSO Chief Risk Officer to overview the risks of the Combined US Operations.- Preparing the presentations (in coordination with the relevant departments) for the CUSO Model Risk Management Committee
ResponsibilitiesCredit Agricole activities in the U.S.consist of Credit Agricole CIB New York (CACIB NY), and Amundi.As member of CUSO Model Risk Governance team : Manage the model inventory to ensure its completeness and accuracyLead annual attestations across all departmentsAssist with the MRM tool update, testing and maintenance activitiesManage Model validation findings, including tracking and escalationAutomate and maintain the inventories reconciliations and associated reportsCalculate and report Key Risk Indicators in relation to model risk appetiteAssist in preparing Reporting and Committees materialsContribute to the development and administration of Model Risk Management framework, including policies and procedures designed to ensure risk identification, aggregation, mitigation, and monitoring capabilities in compliance with the sound operation of both business and regulatory requirementsEnsure a proper storage of all model documentationOthersThe Risk Division in New York is consistently strengthening its risk framework to provide the most refined monitoring and meet the expectations of the regulators.The team member will Assist on this project, by ensuring the implementation of solid methodologies, clearly documented.This project, in addition to be critical issues put forward by the FED, will provide a unique transverse view on the risks of the Credit Agricole activities in the U.S.- Follow up on upcoming new regulatory requirements and their impact for the Risk divisionSalary Range : $100k - $125k#LI-DNI0-2 years of experience, preferably in the banking businessExperience in or knowledge of risk management function.College Degree BA / BS in Finance / Business preferred...