Senior Auditor, Risk Analytics/Modeling

2 months ago

Charlotte, United States Charles Schwab Full time
Your Opportunity

Charles Schwab Internal Audit Department provides independent and objective assurance crafted to make valuable contributions and improve the operations of Schwab for all partners. Internal Audit assists Schwab to accomplish its objectives by using a detailed, focused approach to understand, evaluate, test and improve the effectiveness of business processes across the organization. Additionally ,we evaluate the effectiveness of risk management, control and governance processes. Internal Audit leadership is responsible for overseeing the execution of internal audits, identifying and implementing process improvements, monitoring vendor performance, and periodically report to governance committees, federal regulators and the Audit Committee. The Internal Audit Department is exposed to and communicates with all areas of the company.

The Corporate Internal Audit team is seeking a Senior Specialist, Internal Audit, Risk Analytics/Modeling. The Corporate team is responsible for execution of audits over the firm's corporate and risk management functions including model risk.

We are hiring a quantitative specialist to perform testing as part of audit reviews of model development, governance and validation controls. This individual will contribute to the Corporate Internal Audit team.

The candidate will need a good understanding of statistics and models in general.

The role includes performing testing as part of audit reviews of various model types including: Capital Stress Testing (CST), Fraud, Anti-Money Laundering (AML), Machine Learning, Credit risk, Interest Rate risk, Margin risk, Investment risk, and Business Intelligence/Marketing.

The job responsibilities will include, but not be limited to:
  • Assisting with performing audit reviews of model development and validations following guidelines based on SR 11-7 Guidance on Model Risk Management, to include an assessment of model usage, documentation, conceptual soundness, data integrity, the control environment, and the software environment
  • Communicating work through formal model audit templates, reports, as well as through presentations to model owners and validation teams
  • Working effectively as a team member with other quantitative analysts at the company
  • Evaluating model performance monitoring reports, and conducting model annual reviews
From an audit execution perspective:
  • Audit Execution: Participate in the planning and execution of internal audit assignments on models, ensuring work is performed in accordance with IAD methodology.
  • Issues Identification: Based on the results of audit testing, identify and draft audit observations for review.
  • Issue Management and Validation: Conduct validation testing of the audit issue action plans completed by the business.
  • Administration/Training: Completion of firm-wide and departmental administration and training requirements.
  • Other Initiatives/Special Projects: As needed, assist with special projects related to business operational improvement or internal team needs.
  • This will be an individual contributor role.
What you have

Required skills and qualifications:
  • Working on or attained advanced degree in a quantitative field (economics, statistics, finance, mathematics, physics)
  • Advanced skill with one or more analytical tools, such as SAS, R, Python, or MATLAB
  • Strong oral and written communication skills
  • Excellent people skills
Preferred skills and qualifications:
  • Understanding of statistical concepts and predictive modeling fields
  • Beginning exposure to model governance processes and regulatory requirements for large US banks
  • Exposure to model governance processes

In addition to the salary range, this position is also eligible for bonus or incentive opportunities

  • Manager Risk Analytics

    2 days ago

    Charlotte, United States TD Bank, National Association Full time

    Manager Risk Analytics (TD Bank, National Association – Charlotte, NC). Duties: Oversee modelling credit risk for TDBG's credit cards portfolio. Mentor and lead of new members in the team including people management responsibilities. Manage key modelling project timelines. Manage project deliverables through team to independently deliver key deliverables....

  • Manager Risk Analytics

    22 hours ago

    Charlotte, United States TD Bank, National Association Full time

    Manager Risk Analytics (TD Bank, National Association – Charlotte, NC). Duties: Oversee modelling credit risk for TDBG's credit cards portfolio. Mentor and lead of new members in the team including people management responsibilities. Manage key modelling project timelines. Manage project deliverables through team to independently deliver key deliverables....

  • Senior Internal Auditor

    4 weeks ago

    Charlotte, United States Vaco Full time

    Senior Internal Auditor Once in a career opportunity to join a global industry leader known for their commitment to innovation, quality, and customer satisfaction. They thrive on creating an inclusive workplace that fosters professional growth and personal development. If you are passionate about making an impact and driving excellence, we invite you to be...

  • Senior Auditor

    4 weeks ago

    Charlotte, United States Northstar Staffing Solutions Full time

    North Star Staffing Solutions, Inc. specializes in offering our clients an effective and efficient method to hire perfect fit experienced and leadership professionals nationwide. Job Description We are seeking a Senior Auditor to participate in audit engagements over Wholesale Banking activities. This person will be responsible for executing audit test...

  • Sr. Internal Auditor

    4 days ago

    Charlotte, United States Truist Financial Corporation Full time

    Truist Senior Internal Auditor is responsible for assisting in the completion and documentation of risk based internal audit assurance activities that may include complex assignments. The Truist Senior Internal Auditor will interpret the results of a Internal Auditor, Risk, Auditor, Enterprise, Internal, Audit, Accounting

  • Senior Internal Auditor

    2 months ago

    Charlotte, United States Founders Federal Credit Union Full time

    Relax... Join our Team! Founders Federal Credit Union helps our members attain their financial goals. Our innovative services, convenient locations, and friendly employees are dedicated to our members and their financial future. Founders Federal Credit Union is strongly committed to providing the highest level of quality service to our members. We...

  • Auditor

    4 weeks ago

    Charlotte, United States Northstar Staffing Solutions Full time

    North Star Staffing Solutions is a full lifecycle recruiting company for clients based nationwide. We specialize in placing experienced candidates in industries such as Accounting/Banking, Finance, Manufacturing, IT, Aerospace, Agriculture/Environmental, Biotech and Pharmaceutical, Automotive, Construction, Engineering, Healthcare, Hospitality, Legal,...

  • Model Risk Audit Manager

    2 months ago

    Charlotte, United States Selby Jennings Full time

    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...

  • Model Risk Audit Manager

    1 month ago

    Charlotte, North Carolina, United States Selby Jennings Full time

    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...

  • Senior Auditor

    3 weeks ago

    Charlotte, United States U.S. Bancorp Full time

    The Corporate Audit Services Senior Auditor (Capital Planning) is primarily responsible for completing audit engagement assignments with minimal supervision from audit team management. The Senior Auditor is expected to understand risk and risk manage Auditor, Audit, Planning, Senior, Project Management, Operations, Accounting, Banking

  • Senior Internal Auditor

    2 months ago

    Charlotte, United States Vaco Full time

    Senior Internal Auditor Once in a career opportunity tojoin aa global industry leaderknown for their commitment to innovation, quality, and customer satisfaction. They thrive on creating an inclusive workplace that fosters professional growth and personal development. If you are passionate about making an impact and driving excellence, we invite you to be...

  • Senior Risk Analytics Consultant

    2 months ago

    Charlotte, United States Wells Fargo Full time

    Responsible for process activities, data reconciliation, and documentation in alignment with policy governance, established risk controls, and credit risk practices. Ensure the accuracy and integrity of data used to analyze and produce best-in-class Risk, Analytics, Management, Consultant, Finance, Senior, Banking, Accounting

  • Model Risk

    1 week ago

    Charlotte, United States Bank of America Full time

    Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...

  • Senior Auditor

    2 days ago

    Charlotte, North Carolina, United States Bank of America Full time

    Job SummaryWe are seeking a highly skilled Senior Auditor to join our team at Bank of America. As a Senior Auditor, you will be responsible for performing test work during moderately complex audit activities for Lines of Business (LOBs). Your key responsibilities will include designing and executing audit tests to evaluate the control environment, and...

  • Senior Compliance Auditor

    1 week ago

    Charlotte, North Carolina, United States Northstar Staffing Solutions Full time

    Company OverviewNorth Star Staffing Solutions is a comprehensive recruiting firm dedicated to connecting skilled professionals with leading organizations across various sectors.Position SummaryA prominent Fortune 50 financial institution is looking for a Senior Auditor to engage in audit assessments related to Wholesale Banking operations.Key...

  • Senior Cloud Security Risk Analyst

    1 week ago

    Charlotte, North Carolina, United States Wells Fargo Full time

    Position Overview:The Cloud Security Risk division is pivotal in shaping the strategy, planning, and implementation of Cybersecurity risk management for applications hosted in the cloud. This team collaborates extensively across various Cybersecurity domains, Independent Risk Management, Internal Audit, Tech Controls, Applications & Cloud Technology (ACT),...

  • Senior Cybersecurity Auditor

    1 week ago

    Charlotte, North Carolina, United States Truist Financial Corporation Full time

    Position Overview:The Cybersecurity Auditor plays a crucial role within the Internal Audit Department, focusing on the execution of cybersecurity assurance tasks and conducting comprehensive cybersecurity risk evaluations.Key Responsibilities:- Perform thorough assessments to ensure adherence to regulatory standards.- Evaluate cybersecurity protocols and...

  • Senior Auditor

    1 month ago

    Charlotte, United States Eliassen Group Full time

    Senior AuditorOne of our fast-growing clients in the Charlotte Area is looking for a Senior Auditor to add to their team. This devoted individual will be responsible for managing audits and testing for consumer facing products.The Senior Auditor will have a strong background in performing auditing planning and testing compliance for financial products. This...

  • Senior Auditor

    1 month ago

    Charlotte, United States Eliassen Group Full time

    Senior AuditorOne of our fast-growing clients in the Charlotte Area is looking for a Senior Auditor to add to their team. This devoted individual will be responsible for managing audits and testing for consumer facing products.The Senior Auditor will have a strong background in performing auditing planning and testing compliance for financial products. This...

  • Senior Internal Auditor

    1 month ago

    Charlotte, United States Vaco Full time

    Senior internal Auditor Location:Charlotte, NC Are you passionate about Agile Internal Audit? This Internal Audit team leverages an agile auditing methodology and mindset to focus on our business stakeholders' most urgent needs. The team provides timely insights for decision-making, prioritizes what matters for the company, and reduces time wasted in audit...