Head of Governance - Model Risk Management jobs in United States
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Vanguard · 5 hours ago

Head of Governance - Model Risk Management

Vanguard is seeking a strategic and forward-thinking Head of Governance – Model Risk Management to shape and lead an enterprise-wide model risk framework. This leader will ensure models across the organization are transparent, well-governed, and aligned with global regulatory expectations, driving defensible practices and strong oversight for senior leadership and regulators.

FinanceFinancial Services
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H1B Sponsorednote

Responsibilities

Lead the development, adoption and maintenance of the model risk framework, including policies, standards, business processes, and controls
Monitor industry trends to ensure the model risk framework remains effective and efficient in managing evolving risks
Partner with leaders across Vanguard to ensure model risk practices are well integrated with Enterprise, Data, Technology, Operational, and AI risk frameworks
Support the Model Risk committee and oversee establishment of supporting Divisional Model Risk Governance forums
Prepare executive-level materials for Risk Committees, Audit Committees and the Board
Provide meaningful insights on model risk themes, emerging issues and model performance trends
Establish robust processes for challenge, escalation and dispute resolution
Serve as liaison for model risk with internal (audit) and external (regulatory) stakeholders
Ensure timely remediation of regulatory and audit findings
Stay current on evolving global regulations, execute gap assessments and drive remediation efforts to ensure on-going compliance
Direct cross-functional processes such as enterprise-wide model inventory attestation to support completeness and accuracy
Support development and reporting of the model risk appetite and associated Key Risk Indicators
Partner with the technology product owner to define requirements for model life cycle platforms
Ensure governance processes are automated, scalable and executed to high data quality standards
Lead the team of governance professionals
Partner closely with the broader model risk community and connecting stakeholders (Developers, Owners, Validators, IT, Audit, AI and Enterprise Risk)
Promote a culture of transparency, accountability and the risk mindset

Qualification

Model risk frameworksAI frameworksEnterprise-wide policiesAnalytical skillsCommunication skillsStakeholder managementProblem-solving skillsDecision-making skills

Required

Advanced degree in a technical field (e.g., math, statistics, computer science)
At least eight years of relevant experience, including four years developing enterprise-wide policies, standards and protocols in model risk, AI or a related discipline
Ability to drive enterprise-wide change and managing complex stakeholder environments
Strong analytical, problem-solving and decision-making capabilities
Exceptional communication and executive-presence skills with proven experience presenting to senior committees and managing executive-level stakeholders

Preferred

Deep knowledge of model risk frameworks (SR11-7, SS1/23); experience with AI frameworks and the EU AI Act preferred

Benefits

Vanguard is offering visa sponsorship for this position.
Vanguard has implemented a hybrid working model for the majority of our crew members.

Company

Vanguard

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Check is a client-owned investment company that offers low-cost mutual funds, ETFs, advice, and related services.

H1B Sponsorship

Vanguard has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (286)
2024 (258)
2023 (182)
2022 (340)
2021 (166)
2020 (97)

Funding

Current Stage
Late Stage
Total Funding
unknown
Key Investors
ic@3401
2017-03-31Non Equity Assistance

Leadership Team

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Salim Ramji
Chief Executive Officer
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Andrew Maack
Principal, Head of US Equity Index Portfolio Management
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Company data provided by crunchbase