drjobs Head of Quality & Model Governance

Head of Quality & Model Governance

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1 Vacancy
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Job Location drjobs

Houston - USA

Monthly Salary drjobs

$ 102000 - 155888

Vacancy

1 Vacancy

Job Description

About the Role:

Grade Level (for internal use):

12

The Head of Quality and Model Governance company plays a crucial role in ensuring the integrity and reliability of models and analytics processes.

The role:

This position is responsible for establishing and maintaining robust governance frameworks that will oversee the development validation and deployment of data models. By embedding quality control measures you will help mitigate risks associated with inaccuracies and model failures thereby enhancing decision-making processes. Additionally your efforts in promoting best practices and continuous improvement in pricing and research / analytics contribute to the overall efficiency and our ability to deliver against our strategic objectives facing off against Operating Committee members to escalate risks along with implementing and driving change.

Whats in it for you:

This role will support key activities and will have responsibilities such as:

  • Lead the Commodity Insights division to develop a Model Governance and Model Risk framework for S&P Global that can be scaled across the Enterprise
  • Appropriately scaling the build out of model governance principles that fosters a more robust modeling environment
  • Design and implement a framework for quality measures and controls on End user computing models -EUCs within our price assessment business that can be built out within our research and analytics business
  • Coordinating across various teams including IT modeling and analytics to support timely and effective implementation of remediation plans
  • Supporting model review analysts and pricing quality team in successful identification of risk and scalable remediation plans emanating from the model reviews and review of price assessments
  • Ensuring that the team is on time with key deliverables related to the model governance framework & pricing quality reviews
  • Conducting analytical deep dives on models alongside model review analysts that identify risk within the existing modeling environment and mitigate that risk through scalable and enforceable remediation plans
  • Demonstrate ability of working in an ever-changing environment utilizing AI tools to reduce risk and improve efficiency along with understanding the risks these tools represent
  • Applying advanced statistical knowledge and programming skills to identify areas of key risk within model ecosystem
  • Communicating review findings and remediation plans with senior leadership and escalating where needed with senior leadership
  • Linking known risks to existing ERM taxonomy for more informed decisions at the divisional level
  • Utilizing project management skills to ensure key initiatives and deadlines are met in a timely manner and to a high quality
  • Proactively flagging obstacles and risks to senior leadership for acceptable resolution thereby ensuring a high quality of delivery
  • Collaborating with colleagues within different divisions to integrate and centralize all modeling activity within division
  • Developing a firmer understanding of commodities markets through analytical deep dives and leveraging existing expertise across various Commodity Insights teams to foster effective challenge of models
  • Leading 2 teams of quantitative and analytical professionals in model governance and pricing quality

What Were Looking For:

Required Qualifications:

  • Undergraduate degree required
  • Quantitative mindset with a strong knowledge of advanced statistics mathematics econometrics and programming particularly Python Matlab SQL Eviews R VBA and C
  • Understanding about model risk and other regulatory standards such as the Federal Reserve Boards SR11-7 or other relevant standards
  • 10 years experience in application of model risk or identification and application of other risk theorems
  • Proactive in the identification of model risk items to senior leadership and in execution of key controls
  • Ability to communicate effectively and clearly both written and verbally is essential given stakeholders that will be receiving and acting upon model review findings
  • Demonstrate project management skills in the form of strong communication planning and time management
  • Able to lead with empathy and demonstrates a strong value towards teamwork
  • Ability to provide clear instruction and manage various workflows and personalities for strong team cohesion and a high quality of work
  • Organized with effective time management skills to ensure multiple streams of work are completed on time and to a high standard
  • Strong interpersonal skills and ability to work with colleagues across a wide range of expertise and backgrounds. Building relationships is essential in this role.
  • Foundational understanding of commodities markets and its drivers as well as the identification of risk and application of mitigation
  • Self-motivated with an eagerness to build upon this foundation knowledge through independent learning and interactions with experienced colleagues
  • Strong lean / agile and curios mindset

Preferred Qualifications:

  • MSc degree preferred or PhD in advanced statistics econometrics or mathematics
  • Experience working within an End-user computing (EUC) environment

Compensation/Benefits Information:(This section is only applicable to US candidates)

S&P Global states that the anticipated base salary range for this position is $102000 to $155888. Final base salary for this role will be based on the individuals geographic location as well as experience level skill set training licenses and certifications.

In addition to base compensation this role is eligible for an annual incentive plan.

This role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees please clickhere.

Right to Work Requirements:

This role is limited to persons with indefinite right to work in the United States.

(If US based applicant). UK applicants must possess the right to work in the UK.

About S&P Global Commodity Insights
At S&P Global Commodity Insights our complete view of global energy and commodities markets enables our customers to make decisions with conviction and create long-term sustainable value.

Were a trusted connector that brings together thought leaders market participants governments and regulators to co-create solutions that lead to progress. Vital to navigating Energy Transition S&P Global Commodity Insights coverage includes oil and gas power chemicals metals agriculture and shipping.

S&P Global Commodity Insights is a division of S&P Global (NYSE: SPGI). S&P Global is the worlds foremost provider of credit ratings benchmarks analytics and workflow solutions in the global capital commodity and automotive markets. With every one of our offerings we help many of the worlds leading organizations navigate the economic landscape so they can plan for tomorrow today.

For more information visit
In It For You

Our Purpose:

Progress is not a self-starter. It requires a catalyst to be set in motion. Information imagination people technologythe right combination can unlock possibility and change the world.

Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence pinpointing risks and opening possibilities. We Accelerate Progress.


Our People:

Were more than 35000 strong worldwideso were able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.

From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. Were committed to a more equitable future and to helping our customers find new sustainable ways of doing business. Were constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.

Our Values:

Integrity Discovery Partnership


At S&P Global we focus on Powering Global Markets. Throughout our history the worlds leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do bring a spirit of discovery to our work and collaborate in close partnership with each other and our customers to achieve shared goals.

Benefits:

We take care of you so you cantake care of business. We care about our people. Thats why we provide everything youand your careerneed to thrive at S&P Global.

Our benefits include:

For more information on benefits by country visit: Hiring and Opportunity at S&P Global:

At S&P Global we are committed to fostering a connected andengaged workplace where all individuals have access to opportunities based on their skills experience and contributions. Our hiring practices emphasize fairness transparency and merit ensuring that we attract and retain top talent. By valuing different perspectives and promoting a culture of respect and collaboration we drive innovation and power global markets.


Required Experience:

Director

Employment Type

Full-Time

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