Model Risk Audit Manager
- Edinburgh
- Permanent
- Full-time
- Lead and deliver on complex audits of high quality, independent assurance and agree management actions to enhance the control framework to agreed plan.
- Establish and build relationships with stakeholders to educate the business in the control framework and influence business processes and required actions to deliver control improvements.
- Work collaboratively across the risk / business audit matrix to develop an understanding of business priorities and risk appetite relevant to assigned Audits, identify key controls and evaluate their design effectiveness requiring only light supervision.
- Define, propose and complete testing of key controls for assigned Audits to evaluate their operational effectiveness requiring only light supervision.
- Highlight any control deficiencies for assigned Audits and draft issues and actions for inclusion in Draft Reports.
- Deliver Audits within agreed timescales, through collaboration with other colleagues.
- Apply the Group Audit methodology and standards to identify and deliver high quality findings and robust supporting files.
- Motivate, develop and collaborate within own team and across the wider function to drive higher performance and sustained results.
- Experience working within Statistical Analyst, Qualitative Analysis, Model Development, Credit Risk or Similar
- Experience working within Audit
- Experience with Stress testing and scenario analysis, including qualitative and quantitative techniques for firm wide stress testing, and knowledge of econometric modelling and forecasting
- Technically oriented and understanding of methodologies and assumptions of models