Model Risk Governance and Review (MRGR) Product - Associate

Are you seeking an exciting opportunity to become a part of a dynamic and expanding team in a fast-paced and challenging environment Model Risk Governance and Review (MRGR) comprises a global team of modeling experts within the Risk Management and Compliance organization of the firm. The team's primary responsibility is to conduct independent model validation and model governance. Within MRGR, the Chief Operating Office (COO) provides support to model risk stakeholders in their review and governance activities. The COO also drives specific governance activities, overseeing product ownership, process engineering, and software development for model risk technology and analytics. Additionally, the COO manages model risk reporting, administration of oversight committees, project management of the review and governance pipeline, coordination of regulatory/audit deliverables, including capital stress testing exercises, and general business management. As a part of the team, your responsibilities will include assisting in defining product requirements and creating detailed specifications. You will collaborate with cross-functional teams such as engineering, design, and marketing to ensure alignment and successful product delivery. Documenting product features, user stories, and acceptance criteria will be crucial aspects of your role. You will also conduct testing and other experiments to evaluate the impact of product changes. Furthermore, maintaining and updating product documentation and knowledge bases will be essential. Working closely with UX/UI designers to ensure that product designs meet user needs and business goals will also be a part of your responsibilities. You will conduct usability testing, gather feedback to enhance the user experience, and track project timelines and milestones to ensure timely delivery of product features. Identifying critical dependencies and issues, presenting recommendations for resolution, and providing support to user groups by answering product-related questions and resolving issues will be key tasks. Additionally, you will assist in creating training materials and conducting training sessions for internal teams and customers. To qualify for this role, you must possess a Bachelor's Degree and have at least 5 years of experience in the financial services or fin-tech industry, with a minimum of 3 years of relevant work experience in Product Management/Development or a related capacity. Strong, clear, and concise written and verbal communication skills are essential, along with the ability to edit and prepare executive-level communications. An intellectual curiosity, a proven ability to learn quickly, a high degree of initiative, self-direction, and the ability to work well under pressure are also required. Preferred qualifications include experience within large Financial Services firms and a basic level of domain knowledge in Model Risk Management. Advanced knowledge of the Product Development Lifecycle with a proven ability to lead Product Lifecycle activities, including discovery, ideation, strategic development, requirements definition, and go-to-market strategies, are advantageous.,