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Model Risk Audit Manager
2 months ago
I am currently working with a leading financial services company looking for an Audit Manager specializing in model risk management who will lead and execute comprehensive audit projects within the 3rd line team. In this role you will play a pivotal role in assessing and validating critical mathematical models to ensure they meet regulatory standards and support strategic objectives. Relevant candidates should have 6+ years of audit experience, with a deep understanding of internal audit principles, risk assessment, regulatory guidelines, and model audit.
Key Responsibilities:
Lead audit engagements as Auditor-in-Charge (AIC), managing day-to-day efforts and ensuring professional, objective audit completion.
Develop risk and control matrices, verify audit report accuracy, and drive continuous monitoring activities.
Mentor and train team members, providing guidance in audit techniques and fostering professional development.
Build strong relationships internally and externally, influencing strategic objectives and effectively communicating audit findings.
Qualifications:
Bachelor's degree in Business, Finance, Accounting, or related field; equivalent experience considered (Background in quantitative fields like Economics, Mathematics, or Data Science preferred).
6+ years in audit, financial services, or related leadership roles, with expertise in internal audit principles and risk assessment.
Experience in model audit or risk management areas, with knowledge of SR 11-7 and/or ASOP 56.
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