Model Risk Audit Methodology Specialist
Core
Develop and enhance audit methodology, quality assurance guidance, and testing procedures for Model Risk Management frameworks within financial services.
Role type
Senior IC Model Risk Audit Methodology Specialist
Builds
Audit guidance, templates, workpapers, testing procedures, and training materials for Model Risk and AI governance
Domain
Financial Services / Model Risk Management / Internal Audit
Deliverable
production ML models | product features | dashboards & analysis | research | client delivery | infrastructure | physical/clinical work
Required skills
Model Risk Management, Model Validation, Internal Audit methodology, Audit planning, Risk-based testing, Control design adequacy testing, Regulatory translation, Audit documentation, AI/GenAI governance principles
Preferred skills
Regulatory remediation program support, Training facilitation, Cross-functional stakeholder coordination
Technologies
GenAI, Prompt-based approaches, AI governance frameworks
Responsibilities
Develop audit methodology and QA guidance for Model Risk; Translate regulatory requirements into practical audit procedures; Create test plans and quality review checklists; Develop risk-based testing methodologies for Model Risk; Review emerging AI and GenAI governance principles; Prepare and deliver training for audit practitioners; Coordinate with Internal Audit, Risk, and Technology functions; Support regulatory remediation initiatives.
Seniority
Senior, hands-on IC