Typical Day in Role:
• Conduct audits as Team Participate or sometimes as Office in Charge (OIC) (for less complex projects) to assess the design and operating effectiveness of model risk management and controls, and ensure business strategies, plans and initiatives are executed / delivered in compliance with governing regulations, internal policies and procedures.
• Executes assigned audit activities independently as a team member under the direction of the OIC on assignments. This includes a thorough understanding of the business/unit/process and associated risks, completion of audit procedures and testing, discussions with management and documentation of work performed.
• Delivers end-to-end audit execution process within scheduled timeline and ensures nature and extent of testing is appropriate to support the objective, scope and overall opinion.
• Ensures audit findings and results are gathered and timely communicated with identified root cause, associated impact, audit recommendations and management actions that address the root cause. Ensures audit issues/reports are written with a consistent high standard, audit steps/results are clearly documented, and corrective action/progress against any reported issues are tracked and updated.
• Manage self-development by confirming/communicating job expectations, identifying mentors/coaches and enquiring about training needs, ensuring timely completion of performance appraisals and manages assigned staff.
• Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas in accordance with client’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions, cyber security and conduct risk.
Candidate Requirements/Must Have Skills:
1) 8+ years of experience of relevant working experience, with 3+ years in the Audit function
2) 3+ years of work experience in Credit and Fraud Risk management, specifically with experience in risk strategy and model development
3) Understanding of and experience in retail and Business Banking Credit Risk AIRB parameters (PD, LGD, EAD)
Nice-To-Have Skills:
1) 3+ years of relevant experience in Data Analytics, Advanced Analytics, Predictive Modelling and Artificial Intelligence and Machine Learning.
2) Strong knowledge of/experience with modelling techniques and statistical tests and tools (SQL, SAS, R, Python etc.)
Soft Skills Required:
• Developed interpersonal and communication skills (verbal and written) to work with staff and management at various levels.
• Ability to work on multiple projects at any given time and work in high levels of ambiguity and changing environment.
Education:
Degree in STEM area such as Math, Statistics, Economics, Business etc.