Head of Governance - Model Risk Management
Apply (
locations
Malvern, PA
London, United Kingdom
Charlotte, NC
Dallas/Ft. Worth, TX
time type
Full time
posted on
Posted 12 Days Ago
job requisition id
174679
Overview:We’re seeking a strategic and forward‑thinking Head of Governance – Model Risk Management to shape and lead an enterprise‑wide model risk framework in an environment where models, data, and AI are rapidly evolving. This leader will ensure models across the organization are transparent, well‑governed, and aligned with global regulatory expectations—driving defensible practices, strong oversight, and meaningful risk insight for senior leadership and regulators.If you are passionate about elevating governance, influencing enterprise decision‑making, and building a culture of accountability and risk excellence, this is a high‑impact opportunity to lead the future of model and AI governance.
Responsibilities:
Framework Leadership
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.
Committees and Senior Management Engagement
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.
Regulatory, Audit and Compliance
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.
Model Inventory and Risk Appetite
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.
Technology, Data and Processes
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.
Leadership and Stakeholder Management
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.
Qualifications:
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.
Deep knowledge of model risk frameworks (SR11-7, SS1/23); experience with AI frameworks and the EU AI Act preferred.
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.
Special Factors
Sponsorship
Vanguard is offering visa sponsorship for this position.
About Vanguard
At Vanguard, we don't just have a mission—we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.
Similar Jobs (5)
Global Head of Data Risk Management (Data Governance and Data Quality)
locations
Malvern, PA
time type
Full time
posted on
Posted 30+ Days Ago
Risk Director, Office of the General Counsel (OGC) and Enterprise Growth
locations
Malvern, PA
time type
Full time
posted on
Posted 30+ Days Ago
Governance & Risk Reporting Specialist
locations
London, United Kingdom
time type
Full time
posted on
Posted 8 Days Ago
time left to apply
End Date: May 29, 2026 (1 day left to apply)
View All 5 Jobs
About Us
Vanguard, one of the world's leading investment management companies, serves individual investors, institutions, employer-sponsored retirement plans, and financial professionals. We have a diverse and talented crew with a culture that promotes teamwork, along with an unwavering focus on serving our clients' best interests.
This website uses "cookies" to distinguish you from other users. A cookie is a small file of letters and numbers placed on your computer or device. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site and services. The cookies are stored locally on your computer or mobile device. To accept cookies you can continue browsing as normal. Or you can go to ourPrivacy Policy ( to read more information and learn how to change your preferences.
Read More
...Senior Financial Planning & Analysis (FP&A) Analyst We are currently seeking a Senior Financial Planning & Analysis (FP&A) Analyst... ..., Pennsylvania. We offer a flexible work policy and hybrid work environment from home and office. This is an 80+% in-office role....
...community resources. Assesses community conditions affecting clients to identify resource gaps and problems. Recommends financial assistance for clients. Provides group services as indicated by program need. May be responsible for meeting contractual requirements...
...Job Description Job Description Leading architectural and engineering firm is adding a Fire Protection Engineer to their Washington D.C. team! Responsibilities: Design/review fire protection and life safety systems Coordinate project with other disciplines...
...evaluate, and report information accurately Valid Drivers License (required for deployment out of region) Willingness to comply with current public health and Red Cross policies Refer to the Physical Capacity Grid for physical and emotional requirements...
Subway is hiring sandwich artists, shift leaders, and restaurant managers. Flexible scheduling with competitive wages and meal benefits. Training provided for food preparation and customer service. Join a global sandwich brand committed to fresh ingredients and healthy...