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Audit Manager- Model Risk- Tier 1 Bank

  • Location


  • Sector:

    Financial Services

  • Job type:


  • Salary:


  • Contact:

    Rhianne Williams

  • Contact email:

  • Salary high:


  • Salary low:


  • Published:

    about 5 years ago

  • Expiry date:


The Audit and Risk Recruitment Company have been mandated to work with a Tier 1 bank on an Internal Audit Manager role. The role requires an experienced auditor with model risk/credit risk/ operational risk or financial crime experience in a financial service environment. The successful candidate will be required to conduct complex audits and working with senior stakeholders in regards to the risk and controls framework. As this is a global Tier 1 bank there will be an element of international travel to the necessary hubs. It is based in Central London paying £55-75K.

Roles and Responsibilities

-        Lead complex audits end to end and provide suitable recommendations based on the audit findings and ensure these are presented to senior managers appropriately.

-        Communicate the associated risks identified and find the root cause in order to implement the necessary controls.

-        Present audit reports to senior management and monitor the implementation.

-        Understand the scope of the risk and be able to communicate this to the wider team.

-        Coach and develop junior members of the team

-        Understand the strengths, weaknesses and limitations of the banks' current business model and how that might impact an audit.



-        Need a relevant qualification in internal audit ACA/ACCA/CIA etc

-        Exposure to credit risk modelling, Basel internal rating system development, Financial Crime Compliance models, Operational Risk modelling, stress testing, scenario analysis, and actuarial modelling.

-        Preferably to have worked in a financial service environment where models are applied such as front office trading desks etc.

-        Strong communication and written skills

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