Associate - Quantitative Analytics Group (Model Risk Audit)
Core
Execute independent audit coverage of quantitative models (valuation, market risk, credit risk, liquidity, capital, stress testing, financial crime) and assess model governance, development, validation, and monitoring processes to identify control weaknesses.
Role type
Associate, Model Risk Audit Specialist
Builds
Audit observations, documentation, and reports on model risk and control effectiveness
Domain
Financial Services / Quantitative Risk Management
Deliverable
dashboards & analysis
Required skills
Quantitative modeling methodologies, Model risk management principles, Python, SQL, R, SAS, Data analysis, Regulatory compliance knowledge
Preferred skills
CIA, FRM, CFA, CRMA, CISA certifications
Technologies
Python, SQL, R, SAS
Responsibilities
Execute audit coverage of quantitative models; Assess model governance and validation processes; Perform risk-based testing of controls and policies; Review model documentation and quantitative data; Develop audit reports and challenge stakeholders; Partner with global business and risk teams to communicate findings
Seniority
Associate, 2-4 years experience