Lead end‑to‑end delivery of complex model risk audits, taking full accountability for audit scoping, planning, execution, and reporting.
Oversight and review of detailed audit testing, critical assessment of model documentation and evidence.
Clearly articulate defensible conclusions for senior management, risk committees, and executive forums.
Evolve the Internal Audit model risk capability, strengthen audit methodology, and ensure alignment with emerging regulatory expectations, industry best practice, and advances in modelling techniques (including advanced analytics and machine learning).
Provide assurance over the Model Risk Management Framework , policies, standards, procedures, and governance forums.

Minimum of 5–8 years’ experience in internal audit, model risk management, model validation, quantitative risk, or a related function within a financial services environment.
Proven expertise in model risk management frameworks and regulatory expectations applicable to financial models (e.g. credit risk, capital, stress testing, valuation, or IFRS 9 models).
Demonstrated experience reviewing, validating, or auditing models, including PD/LGD/EAD , capital models, stress testing models, or advanced analytics models.
Strong understanding of model governance, documentation standards, and regulatory guidance (e.g. Basel, IFRS 9, SR 11‑7–type principles).
Proficiency in data analysis and model interrogation using tools such as SAS, SQL, Python/R, or Excel ; ability to interpret model outputs and validation evidence is essential.
Track record of engaging with and influencing senior management, risk committees, and executive stakeholders .
Solid grounding in internal audit methodology, risk‑based assurance, and professional judgement.
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required).

Internal Audit Manager – Model Risk

Key skills