Model Risk Audit Director

We are partnered with a large, highly regulated financial institution is looking to hire an experienced Audit Director into its Internal Audit function.

The role will lead complex third-line assurance work across the firm's model risk framework, with exposure to a broad range of quantitative models used across risk management, finance and business functions.

The successful candidate will operate at a senior level within Internal Audit, taking ownership of audits from planning through reporting, challenging senior stakeholders and helping enhance audit coverage across an increasingly complex model risk environment.

Key Responsibilities

• Lead Internal Audit reviews across Model Risk Management and quantitative risk frameworks.
• Own audits from planning through testing, issue identification and final reporting.
• Assess governance and controls across the model lifecycle, including development, validation, implementation and monitoring.
• Review models supporting areas such as capital, stress testing, credit and broader financial risk management.
• Evaluate emerging risks associated with AI, machine learning and other advanced modelling techniques.
• Partner with senior Risk, Finance and Internal Audit stakeholders to communicate findings and drive control improvements.

Candidate Profile

• Strong experience across Model Risk, Model Validation, Quantitative Risk or Model Audit.
• Meaningful experience within Internal Audit, assurance or a second-line risk function.
• Experience leading complex reviews or audits independently.
• Strong understanding of model governance and model risk management frameworks.
• Exposure to capital planning, stress testing or other quantitative risk models.
• Strong stakeholder management and communication skills.
• Quantitative academic background preferred.