Model Risk Management Lead-Louisville KY Boston MA and Chicago IL Offices

Profile

Description

The Model Risk Management Lead identifies and analyzes potential sources of loss to minimize risks associated with complex quantitative models and/or other key financial risks. The Model Risk Management Lead works on problems of diverse scope and complexity ranging from moderate to substantial.

Responsibilities

The Model Risk Management Lead identifies areas of potential modeling risks, and works with business leaders to develop recommendations to mitigate these risks. Assesses and communicates information regarding business risks with functions across the organization. Advises executives to develop functional strategies (often segment specific) on matters of significance. Exercises independent judgment and decision making on complex issues regarding job duties and related tasks, and works under minimal supervision, uses independent judgment requiring analysis of variable factors and determining the best course of action.

As a Model Risk Management Lead within the Enterprise Risk Management team of the Chief Risk Office, you will be responsible for working with business leaders across the organization to identify, assess, and monitor key business risks, particularly risks associated with critical quantitative models that are used to support key business processes.


Lead independent peer reviews of complex quantitative models used across various business areas including data science models
Lead efforts to identify and track key metrics (e.g. actual vs. expected results) for critical quantitative models across the organization
Develop and present appropriate guidance and training materials to model owners on a variety of model risk related topics including the Enterprise Solution Point (ESP) Model Risk application
Prepare presentations relevant for consumption by various groups including risk working groups, Humana executive leadership, Board of Directors, and external entities such as Department of Insurance
Lead and/or support other key enterprise risk initiatives which may include a variety of Augmented Intelligence ethics initiatives, scenario analysis activities, and risk reporting activities


Required Qualifications


Bachelor's Degree
5 years of experience in developing, maintaining, and/or overseeing complex data science models
2 years of project leadership experience
Strong communications and presentation skills
Strong commitment to excellence and attention to detail
Ability to influence leaders at a variety of levels and build consensus


Preferred Qualifications


Ability to lead complex projects to completion using project management methodologies
Knowledge of key Humana business areas or functions
Demonstrated track record of success
Experience and understanding of risk management and control processes
Relevant professional certifications


Additional Information

Interview Format

As part of our hiring process for this opportunity, we may contact you via text message and email to gather more information using a software platform called Modern Hire. Modern Hire Text, Scheduling and Video technologies allow you to interact with us at the time and location most convenient for you.

If you are selected to move forward from your application prescreen, you may receive correspondence inviting you to participate in a pre-recorded Voice, Text Messaging and/or Video interview. Your recorded interview will be reviewed and you will subsequently be informed if you will be moving forward to next round of interviews.

Alert: Humana values personal identity protection. Please be aware that applicants selected for leader review may be asked to provide a social security number, if it is not already on file. When required, an email will be sent from **** with instructions to add the information into the application at Humana's secure website.

Scheduled Weekly Hours

40

Company info

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