Model Risk Management Governance Analyst

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GENERAL FUNCTION : Responsible for assisting the Senior Model Process Governance Analyst with the ongoing support of the Model Risk GENERAL FUNCTION : Responsible for assisting the Manager of Model Governance and Controls and / or the Senior ModelProcessGovernance Analyst with the ongoing support of the Model Risk Management program within the Bancorp. Responsibilities will include, but are not limited to, assisting in coordinating model validation needs, the model inventory, inventorysurvey,validation issues, model documentation, reviewing results of audits and regulatory reviews for identification of known issues. This person will partner with the LOB to ensure that controls are in place for security, and change management of themodels.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES & RESPONSIBILITIES :

Partner with Lines of Business and quantitative analyst to complete required sections for validation (specifically the Documentation, BCP, DRP, Security, Change Management, and Known Issues sections).

• Assist in collecting and maintaining all supporting model documentation from model owners.
• Perform peer reviews on Governance Analyst drafted validation sections prior to submission for manager review.
• Assist in maintaining the Model Inventory.
• Assist in creating and maintaining the Quarterly Model Inventory Survey file.
• Assist in creating and maintaining the Quarterly Model Inventory Attestation file.
• Assist in maintaining the Model Issue Tracking Database.
• Review results of audit and regulatory reviews to verify source system data integrity.
• Create and maintain desk procedures for MRM.
• Compile reports (including findings of the quantitative analysts).
• Demonstrated ability to initiate tasks, manage multiple tasks and roles, and meet deadlines.
• Desire and ability to learn the basics of model validation controls and governance and Risk Management areas (Credit Risk, Market Risk, Operational Risk, etc.)
• Other projects / tasks as assigned by the Senior Model Process Governance Analyst, Manager of Model Governance and Controls, or the Chief Model Risk Officer.

PREFERRED RESPONSIBILITIES

SUPERVISORY RESPONSIBILITIES : None.

MINIMUM KNOWLEDGE, SKILLS & ABILITIES REQUIRED :

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Model Risk Management Governance Analyst Total Base Pay Range 60,100.00 - 123,200.00 USD Annual

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and / or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being.You can learn more about those programs on our 53.com Careers page at : https : / / www.53.com / content / fifth-third / en / careers / benefits.html or by consulting with your talent acquisition partner.

LOCATION Virtual, Ohio 00000

Attention search firms and staffing agencies : do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.