Senior Auditor, Model Risk SME (12 months)

Join us as a Senior Auditor, Model Risk SMEIf you have excellent analytical skills and a keen eye for detail, this could be your ideal role in our industry leading Audit functionIn this key role specialising in Model Risk, you’ll be contributing to independent audit engagement assurance by undertaking allocated tasks within the engagement life cycleThis is a fast paced and varied role which will enable you to build your network at the bank, by collaborating with a broad range of stakeholders and senior employeesWe''re offering this role for a period of 12 months, with the potential for extension or permanenceWhat you’ll do
As a Senior Auditor, we’ll look to you to provide quality, efficient and effective assurance and influence business managers to improve control as part of a digital and data-driven organisation. You’ll be assessing risks and controls and carrying out testing, as well as contributing to assurance planning and undertaking effective process mapping.You’ll also be:Analysing MI and reviewing risk information to identify key business risks and contribute to continuous monitoringProducing effective audit engagement reports and opinions which influence our business managers to ensure they lead in a risk conscious wayEngaging with stakeholders throughout engagements, making sure they understand business risks by having open and effective conversations on key risksLeading or independently delivering small engagements as and when requiredCoaching auditors and supporting them to realise their potential on the engagementThe skills you’ll need
We’re looking for someone with audit or risk management experience, together with a strong understanding of the principles of good risk management. As a Model Risk SME, you''ll also bring a strong understanding of model risk management principles and best practices, and the macroeconomic drivers of model and product performance. You''ll have experience in credit models development or validation covering, at a minimum, IRB or IFRS9 models, and have knowledge and understanding of relevant Prudential Regulation Authority and EU regulations covering credit risk models.You’ll also need:Excellent analytical skills and the ability to assess and prioritise data effectively, quickly establishing what’s importantA thorough grounding in monitoring and testing effective controlsExcellent attention to detail when performing audit testingExcellent stakeholder management skillsGreat communication skills, with the ability to translate technical concepts in a clear and concise way
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