Audit Manager - Model Risk

Global Financial Services Org | Audit Manager - Model Risk | Permanent | £65000 - 100000 + bens & bonus

Your new company
A Global Financial Services organisation based in Edinburgh is seeking to appoint an Audit Manager – Model Risk to join their high achieving function.

Your new role
As an Internal Audit Manager of Model Risk you will be accountable for providing strong, independent assurance to the organisation’s board, regulators and the group model risk controls framework covering 1st and 2nd lines of defence ensuring it is designed, implemented and operating effectively.

You will be responsible for taking the lead and supporting model risk audits to identify the key risks and support business functions to consider their options to efficiently and effectively control these risks.

This role will require the successful candidate to travel up to 25%, mainly between Edinburgh and London.

What you'll need to succeed
  • A master degree or higher in a quantitative subject or evidence of a very solid understanding of general statistical modelling principles and the associated practical modelling risks
  • Experience and aptitude in a number of technical areas, including credit risk modelling, Basel internal rating system development, Financial Crime Compliance models, Operational Risk modelling, financial mathematics, econometric modelling, stress testing and actuarial modelling
  • Previous experience in Financial Services would be beneficial, with knowledge of businesses and products in which models are developed or applied: e.g., front-office trading desks, bank risk functions, risk consulting and insurance actuary
  • An understanding of major global regulatory frameworks and compliance requirements
  • Desirable to have a familiarity with common analytical software packages such as visual basic, SQL, SAS, R, and Matlab

What you'll get in return
You will receive a highly competitive base salary plus excellent benefits and bonus. You will also have the opportunity of career progression in a global organisation.

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.

If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.


Job type:
Banking & Financial Services
Banking and Capital Markets
£65000 - 100000 plus benefits and bonus
Apply Now

Talk to a consultant

Talk to Steven Jackson, the specialist consultant managing this position, located in Edinburgh

7 Castle Street, Edinburgh, EH2 3AH

Telephone: 0131 603 8374
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