At a Glance
- Tasks: Lead audits on diverse model risks like Credit and Market Risk.
- Company: Join a top global bank's risk audit team in London.
- Benefits: Enjoy a hybrid work environment for better work-life balance.
- Why this job: Enhance your expertise in model risk management with a dynamic team.
- Qualifications: 3+ years in risk models or quantitative validation required.
- Other info: No sponsorship available; agency role.
The predicted salary is between 54000 - 84000 Β£ per year.
Join a leading risk audit team at a global bank in the role of Audit Manager Models Risk Auditor. This position offers exposure to a diverse range of model risks, including Credit Risk, Liquidity Risk, Traded Risk, Market Risk, and more. Ideal for individuals skilled in Model Development or Model Validation, with a deep understanding of Quantitative Model Risk management and associated control requirements. Candidates should have experience in key areas such as credit risk (IRB, IFRS9), market risk (IMA), or counterparty credit risk (IMM) to meet regulatory standards (e.g., PRA, MAS, HKMA).
Requirements:
- Experience in Risk Models (development or validation)
- Background in internal/external audit model risk or quantitative validation (3+ years' experience)
This role offers a hybrid working environment, providing the perfect balance for your professional growth. Don't miss this opportunity to enhance your expertise in model risk management!
Note: This client IS NOT offering sponsorship.
Associate VP (Risk Management) employer: Jobs via eFinancialCareers
Contact Detail:
Jobs via eFinancialCareers Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Associate VP (Risk Management)
β¨Tip Number 1
Network with professionals in the risk management field, especially those who have experience in model development or validation. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in model risk management.
β¨Tip Number 2
Familiarise yourself with the regulatory standards relevant to model risk, such as PRA, MAS, and HKMA. Understanding these frameworks will not only enhance your knowledge but also demonstrate your commitment to compliance during interviews.
β¨Tip Number 3
Prepare to discuss specific examples of your experience in credit risk, market risk, or counterparty credit risk. Be ready to explain how you have contributed to model development or validation processes in previous roles.
β¨Tip Number 4
Research Eames Consulting and their clientβs values and culture. Tailoring your conversation to align with their mission can help you stand out as a candidate who is not only qualified but also a good fit for their team.
We think you need these skills to ace Associate VP (Risk Management)
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights your experience in model development or validation, particularly in areas like credit risk and market risk. Use specific examples to demonstrate your skills and achievements related to the job description.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your understanding of model risk management and your relevant experience. Mention how your background aligns with the requirements listed in the job description, and express your enthusiasm for the role.
Highlight Relevant Experience: In your application, emphasise your 3+ years of experience in internal/external audit model risk or quantitative validation. Be specific about the types of models you have worked with and any regulatory standards you are familiar with.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in risk management roles.
How to prepare for a job interview at Jobs via eFinancialCareers
β¨Understand the Model Risks
Make sure you have a solid grasp of the various model risks mentioned in the job description, such as Credit Risk, Liquidity Risk, and Market Risk. Be prepared to discuss how these risks impact the organisation and what strategies can be employed to manage them.
β¨Showcase Your Experience
Highlight your relevant experience in model development or validation during the interview. Be ready to provide specific examples of projects you've worked on, particularly those that align with the key areas like credit risk and market risk.
β¨Familiarise Yourself with Regulatory Standards
Brush up on the regulatory standards mentioned, such as PRA, MAS, and HKMA. Demonstrating your knowledge of these regulations will show that you understand the compliance landscape and its importance in risk management.
β¨Prepare Questions for the Interviewers
Think of insightful questions to ask your interviewers about the team, the challenges they face, and their expectations for the role. This not only shows your interest but also helps you gauge if the company is the right fit for you.