Model Risk Auditor - Vice President

Job description

We are seeking a highly motivated Model Risk Auditor to join our dynamic Model Risk Internal Audit team. This role is located in London, UK. In this role, you will make an impact in the following ways: - Lead or participate in complex Internal Audit engagements focused on model risk, including reviews of counterparty risk and market risk models, across all phases of the audit lifecycle: planning, fieldwork, and reporting. - Evaluate the design and operating effectiveness of controls over model development, implementation, use, and validation activities, including supporting documentation, modeling methodologies, input data, parameter selection, outcome analysis, and other significant modeling judgments. - Perform and oversee audit testing with sufficient depth, accuracy, and rigor to support conclusions regarding adherence to Internal Audit methodology, internal policies and procedures, and applicable regulatory requirements. - Identify, assess, and communicate significant issues and control weaknesses within model risk areas under review, and effectively challenge management to drive appropriate and timely remediation. - Prepare high-quality audit reports and other written deliver...