Senior Audit Manager, Model Risk @ reputed company
Job SummaryJob DescriptionWhat is the opportunity? reputed company's Internal Audit department is hiring a Senior Manager reputed company the Model Risk Audit Team to support US Operations. You will provide an independent and objective assessment of the effectiveness of Model Risk practices reputed company the first and second line of defense across reputed company. This includes assessing the effectiveness of internal controls throughout the model lifecycle; identification, development, documentation, validation, implementation, and performance monitoring & use. You will also contribute to the assessment of the effectiveness of model risk management practices with focus on AML, Credit Risk, Artificial Intelligence & Machine Learning (AI/ML), Stress Testing, Valuation, Market Risk, Liquidity Risk and Counterparty Credit Risk models.What will you do?Contribute to the development of a risk-based multi-year approach to the audit of Model Risk Management reputed company reputed company.Through in-depth understanding of the business including changes to the regulatory and business environments, reputed company model audit programs to ensure effective control solutions are implemented.Contribute to effective reputed company risk monitoring and reputed company assurance on overall Model Risk Management controls.Provide input on the assessment of the effectiveness of model development and model validation activities; including quality of supporting documentation, modelling methodologies, margins of conservatism, parameter choices, testing and the wide range of other modelling reputed company that are made.Plan and execute technical audit engagements reputed company to a broad range of models including those used in AML, capital markets, market risk, credit risk, regulatory capital, IFRS 9/CECL, CCAR, stress testing, AI/ML, finance, insurance and treasuryContinually reputed company working relationship with business stakeholders to become a trusted advisor.What do you need to succeed?Must-Haves: 5-7 years of internal audit experience with at least 3 years dedicated to model riskA strong track record of having validated and/or developed any of the following model types: AML, Market Risk, Credit Risk, Data Science AI/ML, Capital Risk, Treasury (Interest reputed company… Apply To This Job