Roles installed with Model Risk Management
The Model Risk Management application installs the essential roles to perform respective day-to-day operational tasks for managing models.
| Role title \[name\] | Description | Contains roles |
|---|---|---|
| MRM Admin \[sn\_model\_risk\_mgmt.admin\] | The MRM \(Model Risk Management\) admin can perform the following tasks:- Configure approval configurations for Model Risk Management. - Create Model Risk Management scoring configurations. - Create or modify assessment templates that belong to Model Risk Management category from the Model Risk Workspace. | - sn\_grc\_appr.admin - sn\_model\_risk\_mgmt.model\_risk\_reader - sn\_smart\_asmt.template\_manager |
| Model Risk Governance \[sn\_model\_risk\_mgmt.model\_governance\] | User with Model Risk Governance role can perform the following tasks:- Configure approval configurations for Model Risk Management. - Access the Model Risk Workspace. - Perform end to end workflow tasks for all the submitted models. - Create or modify assessment templates that belong to Model Risk Management category from the Model Risk Workspace. | - sn\_model\_risk\_mgmt.model\_risk\_create - sn\_smart\_asmt.template\_manager - sn\_grc\_advanced.evidence\_admin - sn\_grc\_appr.admin - sn\_grc.reader - sn\_grc.business\_user - sn\_model\_risk\_mgmt.model\_risk\_delete |
| Model Risk Coordinator \[sn\_model\_risk\_mgmt.risk\_coordinator\] | Model Risk Coordinator can perform the following tasks:- Access the Model Risk Workspace. - Access model intakes and tasks, and perform actions as needed where the user is assigned as a stakeholder. - Perform and modify model risk and model risk tasks where the user is assigned as a stakeholder. | - sn\_grc.business\_user - sn\_grc\_advanced.evidence\_admin - sn\_model\_risk\_mgmt.model\_risk\_reader - sn\_grc.reader |
| Model Validator \[sn\_model\_risk\_mgmt.model\_validator\] | Model validator can perform the following tasks:- Access the Model Risk Workspace. - Perform a smart assessment of models that are assigned to them from the Model Risk Workspace and GRC task page. - View the model risks where the user is assigned as a stakeholder. - Perform and modify model risk tasks where the user is assigned as a stakeholder. | - sn\_grc.business\_user - sn\_grc\_advanced.evidence\_admin - sn\_smart\_asmt.actor - sn\_model\_risk\_mgmt.model\_risk\_reader - sn\_grc.reader |
| Model Executive Reader \[sn\_model\_risk\_mgmt.executive\_reader\] | Model Executive Reader can perform the following tasks:- Access the Model Risk Workspace. - View all the information available in the Model Risk Workspace such as model intakes, tasks, issues. | - sn\_model\_risk\_mgmt.model\_risk\_reader - sn\_grc\_advanced.evidence\_reader - sn\_grc.reader - sn\_grc\_appr.approver |
| Model Task Approver \[sn\_model\_risk\_mgmt.task\_approver\] | Model Task Approver can perform the following tasks:- View model risks and model risk tasks for which they’re the designated approver. - Approve the model risk tasks assigned to them. | - sn\_grc\_appr.approver - sn\_grc.reader - sn\_model\_risk\_mgmt.task\_read |
| Model Owner \[sn\_model\_risk\_mgmt.model\_owner\] | Model Owner can perform the following tasks:- Request new models from the Employee Center or Service Portal. - Perform a smart assessment from the GRC task page when either the business\_user or business\_user\_lite role is assigned. | - sn\_grc\_advanced.evidence\_responder - sn\_smart\_asmt.actor |
| Model Risk Initiator \[sn\_model\_risk\_mgmt.model\_initiator\] | Model Risk Initiator can request new models from the Employee Center or Service Portal.Note: Model Risk initiators can only request a new model but cannot perform assessments. They must define a model owner when raising the model request. |
For more information, see the Employee Center.
Parent Topic:Model Risk Management reference