We are partnered with a large, highly regulated financial institution is looking to hire an experienced Audit Director into its Internal Audit function. The role will lead complex third-line assurance work across the firm's model risk framework, with exposure to a broad range of quantitative models used across risk management, finance and business functions. The successful candidate will operate at a senior level within Internal Audit, taking ownership of audits from planning through reporting, challenging senior stakeholders and helping enhance audit coverage across an increasingly complex model risk environment.
Key Responsibilities:
Lead Internal Audit reviews across Model Risk Management and quantitative risk frameworks.
Own audits from planning through testing, issue identification and final reporting.
Assess governance and controls across the model lifecycle, including development, validation, implementation and monitoring.
Review models supporting areas such as capital, stress testing, credit and broader financial risk management.
Evaluate emerging risks associated with AI, machine learning and other advanced modelling techniques.
Partner with senior Risk, Finance and Internal Audit stakeholders to communicate findings and drive control improvements.
Candidate Profile:
Strong experience across Model Risk, Model Validation, Quantitative Risk or Model Audit.
Meaningful experience within Internal Audit, assurance or a second-line risk function.
Experience leading complex reviews or audits independently.
Strong understanding of model governance and model risk management frameworks.
Exposure to capital planning, stress testing or other quantitative risk models.
Strong stakeholder management and communication skills.
Quantitative academic background preferred.
