Company
Financial Services
Business/OperationalAudit-AssistantVicePresident
Neural analysis suggests this role is
optimal for Mid candidates.
“Business / Operational Audit - Assistant Vice President. Skills: Model risk audit, Quantitative models, Risk management. Lead model risk audit engagements. Execute model risk audit engagements”
Industry & Context.
Problem-solving; Critical thinking
What They're Looking For.
Must Have
Master's degree, 5+ years experience, Understanding of model risk management, Experience reviewing model code, Proficiency in Python or R, Analytical skills, Problem-solving skills, Critical thinking skills, Leadership experience, Project management abilities, English communication skills, Stakeholder management skills, Report-writing skills
Nice to Have
CFA certification, FRM certification
What You'll Do.
Lead model risk audit engagements
Execute model risk audit engagements
Review model documentation
Review validation results
Review implementation logic
Review ongoing monitoring
Assess control effectiveness
Assess model risk exposure
Conduct continuous monitoring
Identify systemic issues
Identify thematic risk patterns
Prepare audit reports
Summarize methodology
Summarize key findings
Summarize root causes
Summarize risk impacts
Review audit workpapers
Ensure compliance with standards
Communicate audit progress
Communicate remediation recommendations
Maintain relationships
Support risk governance
Support control execution
Coordinate global audit activities
Contribute to alignment
How You'll Work.
Team & Collaboration
Three lines of defense; Global audit activities; Cross-functional alignment
Communication Scope
Report writing; Stakeholder management
Process & Methodology
Project management
Full Job Description
## Accountabilities Lead and execute model risk audit engagements across financial, operational, treasury, market, liquidity, and financial crime risk domains, including AI and quantitative models. Plan and deliver audits aligned with internal risk-based audit methodologies, regulatory frameworks, and industry best practices (e.g., SR 11-7, ECB guidelines). Review model documentation, validation results, implementation logic, and ongoing monitoring to assess control effectiveness and model risk exposure. Conduct continuous monitoring of model risk trends and audit findings to identify systemic issues and thematic risk patterns. Prepare high-quality audit reports summarizing scope, methodology, key findings, root causes, and risk impacts for senior stakeholders. Review audit workpapers to ensure compliance with internal audit standards and methodological rigor. Communicate audit progress, issues, and remediation recommendations clearly to senior management and key stakeholders. Build and maintain strong relationships across the three lines of defense to support effective risk governance and control execution. Coordinate global audit activities and contribute to cross-functional alignment within the model risk audit function. Requirements: Master’s degree in quantitative finance, mathematics, statistics, economics, or a related analytical discipline. 5+ years of experience in model validation, model development, quantitative research, auditing, or risk analytics within financial services or consulting. Strong understanding of model risk management frameworks, regulatory standards, and financial products (credit, market, liquidity, derivatives, FX, etc.). Experience reviewing model code, assumptions, datasets, and performance testing to evaluate model integrity and control effectiveness. Proficiency in at least one programming language such as Python or R for quantitative analysis. Strong analytical, problem-solving, and critical thinking skills with the ability to syn
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