Model Risk Audit Associate
Core
Conduct Third Line of Defense (3LOD) audits to evaluate the effectiveness and sustainability of internal controls relating to business risks and model risk management.
Role type
Associate, Third Line of Defense (3LOD) Model Risk Audit
Builds
Audit reports, issue tracking logs, remediation validation records
Domain
Banking, Financial Services, Model Risk Management
Deliverable
dashboards & analysis
Required skills
Model risk management, Internal audit methodology, Regulatory compliance (SR 26-2), Risk assessment, Workpaper preparation, Issue tracking, Remediation validation
Preferred skills
Second Line of Defense (2LOD) experience, Banking products knowledge, Quantitative discipline background
Technologies
Audit workpaper tools, Risk assessment frameworks
Responsibilities
Plan and execute 3LOD audits of business units and functional areas, Draft audit reports for senior management, Facilitate audit issue tracking and remediation monitoring, Validate closure of identified control deficiencies, Participate in continuous monitoring and risk assessment activities
Seniority
Associate, 2+ years experience
