hackajob is collaborating with BNY to connect them with exceptional professionals for this role.

We are seeking a highly motivated Model Risk Auditor to join our dynamic Model Risk Internal Audit team. This role is located in London, UK.

Responsibilities

• Lead or participate in complex Internal Audit engagements focused on model risk, including reviews of counterparty risk and market risk models, across all phases of the audit lifecycle: planning, fieldwork, and reporting.
• Evaluate the design and operating effectiveness of controls over model development, implementation, use, and validation activities, including supporting documentation, modeling methodologies, input data, parameter selection, outcome analysis, and other significant modeling judgments.
• Perform and oversee audit testing with sufficient depth, accuracy, and rigor to support conclusions regarding adherence to Internal Audit methodology, internal poli...