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Model Risk Audit Analyst

  • Location: New York, NY
  • Salary: Up to $100K + Competitive bonus
  • Job type: Permanent
  • Job reference: VC1/168909
  • Sector: Banking
Job Description

Our client is a premier banking institution, and has undergone a period of strong growth. As such they are seeking to build out their Internal Audit function across multiple lines of business in light of heightened regulatory scrutiny, and to maintain and further a “best in class” audit function. They are seeking a Model Risk Audit Analyst to join the team in New York.

Reporting to the US Head of Model Risk Audit, the Analyst would be responsible for executing on a broad spectrum of engagements to critically assess the bank’s model portfolio. Coverage areas will encompass a wide array of trading and banking book models to cut across the various lines of business – the team are highly visible and there will be extensive exposure to senior stakeholders across the 1st and 2nd lines of defense.

Successful candidates will possess:

  • Strong technical grasp of model development and/or validation concepts as well as understanding of SR11-7 requirements
  • Excellent communication and interpersonal skills
  • PhD in a quantitative field such as Mathematics, Statistics and/or Sciences

This is an excellent opportunity for those model risk professionals looking to lead and grow in one of the world’s most prestigious organizations, where they can make an impact and be generously compensated for their success. To register your interest please submit your CV to Vickie Chan via the below link.

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