Audit Manager, Credit Model Risk (VP)

Join us as an Audit Manager, Model Risk

• In this role, you’ll be providing quality, efficient and effective assurance and influencing business managers to improve controls
• Acting as an ambassador for the Internal Audit function, you’ll help to build your area’s reputation and integrity while driving assurance for regular audit engagements
• This is your chance to draw on your auditing expertise to present unbiased opinions to drive improvements and influence business managers to enhance controls
• We're offering this role at vice president level

What you’ll do

We’ll need you to lead and coach your Audit team as they deliver audit engagements. You’ll make sure that these engagements meet their budgets and are finished on time. You’ll also build on the internal audit position and influence the evolution of control.

Additionally, you’ll be leading key aspects of the assurance fieldwork and supporting assurance planning while leveraging our audit methodology and tools. This’ll include you complying with global methodologies within engagements and keeping audit management tools up to date.

Alongside this, you’ll be responsible for:

• Supporting the delivery of a flexible and risk-based audit plan that addresses regulatory requirements and provides independent assurance and opinions with impact
• Driving the assurance for regular audit engagements by supporting assurance planning, ensuring the coverage of key risks and collaborating with other internal audit teams
• Complying with regulatory requirements for your function and supervising the Audit Engagement team to support them through coaching
• Making sure your team’s work is delivered on time and is fit for purpose while providing reliable evidence to resolve issues and support opinions
• Managing key stakeholders during audit engagements and making sure there’s a good understanding of and an open and effective discussion about key risks and business risks

The skills you’ll need

To be successful in this role, you’ll need to have a background as an Internal Auditor or have risk management experience and an understanding of risk management principles. You’ll also have the ability to lead a team to deliver projects while focusing on budget, schedules and quality.

As well as this, you’ll need an excellent quantitative understanding that’s demonstrated through a suitable qualification or research experience.

We’ll also need you to have:

• Stakeholder management skills and the ability to challenge and influence effectively
• Credit models development/validation experience covering IRB and/or IFRS9 models
• Knowledge and understanding of relevant prudential reg authority (PRA) and european union (EU) regulations covering credit models
• Internal audit experience covering credit models (IRB and/or IFRS9), including leading audits or making material contributions to complex and high profile audit engagements.
• Knowledge of experience of using artificial intelligence (AI), machine learning (ML) /GenAI technologies, in particular for data analysis
• Experience of how to apply quantitative techniques in risk management across multiple asset classes and risk types
• Knowledge of the regulatory environment and regulations that’re applicable to models and their uses

Hours

Job Posting Closing Date: