A well-established investment bank is hiring for an Internal Audit position, focusing on model risk management. This team is responsible for assessing internal controls, governance, and risk management processes, specifically around financial modeling and risk. In addition to collaborating with senior stakeholders, this role involves auditing model design, implementation, and validation across credit, market, ops, and liquidity risk.
Qualifications:
- Advanced degree in a quantitative field (Math, Statistics, Physics, Engineering, or Computer Science), preferably a Master's or PhD.
- 2-5 years of experience in model development, validation, or model risk auditing, ideally in credit risk.
- Knowledge of financial modeling, credit risk, counterparty credit risk, econometrics, derivatives pricing, and stress testing.
- Understanding of model risk management, including governance, development, validation, and change management.
- Experience with programming languages such as Python, Java, C++, C#, R, or Matlab
