Model Risk Audit - Multiple Levels
Model Risk Audit - Multiple Levels
I'm working with a major bank hiring for multiple positions within the third-line Model Risk Audit team. These roles focus on developing and executing audit programs within the risk management portfolio.
Responsibilities:
- Lead end-to-end audits, including scoping, risk assessment, control testing, and reporting.
- Review quantitative models to identify risks and ensure adequate controls.
- Design and execute audit procedures to test compliance with regulations and internal policies.
- Identify control gaps, recommend improvements, and document findings concisely.
- Collaborate with stakeholders to promote a positive risk culture and continuous improvement.
Qualifications:
- Master's degree in a quantitative field (e.g., Statistics, Financial Engineering, Economics, Mathematics, Data Science), PhD preferred.
- 3+ years of relevant experience in model development, validation, or audit, preferably with credit risk rating expertise.
- Proficiency in Python, SAS, or R.
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