Model Audit BSA AML

Global bank recognized for having one of the most flexible work environmentsOpportunity for exposure across all areas of model riskvalidationdevelopmentAbout Our ClientThis leading, full service global banking group has a huge presence in the United States. The bank is currently growing its audit function to achieve a number of strategic objectives, including attaining "best in class" audit coverage, strengthening and developing audit methodology and dealing with heightened regulatory requirements due to recent growth. In light of this, the business is seeking a consultant to cover Model Risk Audit, to be based in New York.Job DescriptionLead and manage the preparation of audit plans to ensure that the scope, approach, resourcing and logistics of an audit are appropriately plannedManage and lead a team of staff at all different levels and be able to motivate, encourage and challenge them to provide very high quality and value-added resultsAssist in the development and maintenance of the IA Model Risk coverage program to assess alignment with regulatory requirementsExecute testing of Model Risk audits and individual model assessmentsContribute to the completion of the annual model risk audit planEffectively communicate with model risk business partnersAnalyze information to identify risks and trendsContinuously enhance both audit skillscapabilities & subject matter knowledge of model risk validation developmentAdvise key stakeholders and senior management on the major plans, projects and structural changes that will impact their businessAbility to work effectively with regulators, external auditors, consultants, ExecutiveSenior Management and other control functions such as Compliance, Risk Management and Finance, global audit units and governancesteering committees amongst othersMPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.The Successful ApplicantQualifications for consideration include:6+ years of relevant knowledge within model audit, model risk, model validation, model developmentStrong experience in BSAAML modelsPast working experience within Internal Audit is preferred but not a requirementA flexible and adaptable management style with experience of developing yourself and othersExcellent written and spoken communication skills; an ability to communicate with impact, ensuring complex information is articulated in a meaningful way to wide and varied audiencesA track record of making complex business decisions with authority, even in times of ambiguity, considering the potential long term risks and implicationsA comprehensive understanding of risk management and proven experience of ensuring ownothers' compliance with relevant regulatory processesWhat's on OfferExtensive work from home and flexibilityContactJillian SaleyQuote job refJN-122024-6618760

Created: 2025-02-07