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Third-Party Model Risk - Consultant/BA – Investigation and Remediation

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Summary

Consultant/business analyst investigating and remediating third-party model risk as part of a TPRM transformation — risk analysis, governance reviews, workshops, and requirements documentation, with support for AI implementation and controls. Long-term B2B contract, hybrid from Krakow (6 office days per month).

This role is focused on the investigation and remediation of model risk arising from third-party products, services, models, and technology solutions. The successful candidate will support a significant transformation within the third-party risk management (TPRM) landscape, involving the uplift of data and platforms, as well as the implementation of AI and creation of new processes.

What we offer:

  • Long Term B2B Contract

  • Hybrid from Kraków( 6 days per month) can be less from others city’s

Main Responsibilities:

  • Support the investigation and remediation of model risk associated with third-party offerings.

  • Conduct risk analysis and improve governance related to third-party products.

  • Coordinate with stakeholders for effective requirements management.

  • Provide oversight for the delivery of sustainable controls in ongoing operations.

  • Review governance arrangements for third-party engagements.

  • Identify gaps in control and accountability, designing practical remediation strategies.

  • Facilitate workshops and manage requirements documentation.

  • Prepare decision-making materials and track delivery timelines.

  • Support testing and transition processes into day-to-day operations.

Key Requirements:

  • Experience in business analysis or consulting focused on complex risk, governance, regulatory, or operational transformations.

  • Knowledge of third-party risk management.

  • Basic to intermediate understanding of AI risk and model risk.

  • Strong analytical and communication skills.

  • Experience in workshop facilitation and stakeholder management.

  • Ability to adapt delivery to meet changing requirements.

  • Preferred background in financial services.

Nice to Have:

  • Experience with monitoring proposals and handover documentation.

  • Experience in delivering against completion criteria.

Other Details: This is a flexible role with expectations for at least six days of office attendance per month in Krakow. Successful candidates will help improve transparency, accountability, and oversight of third-party model risks within the organization.

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