Model Risk Auditor

The company

Our client is a leading Financial Services firm. They currently have an opportunity for an actuary or model risk professional, to join their audit team to provide risk and control oversight across a range of models including but not limited to actuarial, credit risk, finance, strategy, liquidity and treasury.

The opportunity

• Support the delivery of complex audits of high quality, to provide independent assurance and agree management actions to enhance the control framework.
• Establish and build relationships with stakeholders to educate the business in the control framework and influence business processes and required actions to deliver control improvements.
• Work collaboratively across the risk / business audit matrix to develop an understanding of business priorities and risk appetite relevant to assigned Audits, identify key controls and evaluate their design effectiveness requiring only light supervision.
• Define, propose and complete testing of key controls for assigned Audits to evaluate their operational effectiveness requiring only light supervision.

Your profile

• Experience 3 – 5 years of reviewing, validating or developing actuarial, credit risk, capital or other financial models.
• Knowledge of the model life cycle, and the associated risks
• Understanding of model risk governance
• Statistical analysis and qualitative techniques for validating models