At a Glance
- Tasks: Lead internal audits on model risk and evaluate controls over model development.
- Company: Join BNY's dynamic Internal Audit team in London.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Ideal for those with a Ph.D. in a quantitative field seeking career growth.
- Why this job: Make a real impact by enhancing audit insights with data analytics.
- Qualifications: Bachelor's degree, relevant experience, and strong problem-solving skills required.
The predicted salary is between 60000 - 80000 € per year.
BNY is seeking a Model Risk Auditor to join its Internal Audit team in London. This position involves leading internal audits focused on model risk, evaluating controls over model development, and preparing high-quality reports.
Candidates should have a Bachelor's degree, relevant work experience, and proficiency in regulatory standards such as SR 11-7. A Ph.D. in a quantitative field is preferred.
This role demands critical thinking, problem-solving skills, and the application of data analytics to enhance audit insights.
Senior Model Risk Auditor | Lead Complex Risk Reviews employer: BNY
At BNY, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to thrive. As a Senior Model Risk Auditor in London, you will benefit from comprehensive professional development opportunities, competitive compensation, and a collaborative environment that values innovation and critical thinking. Join us to make a meaningful impact while enjoying the vibrant city life of London.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Model Risk Auditor | Lead Complex Risk Reviews
✨Tip Number 1
Network like a pro! Reach out to professionals in the auditing and risk management fields on LinkedIn. Join relevant groups and participate in discussions to get your name out there and show off your expertise.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of regulatory standards like SR 11-7. We recommend creating a cheat sheet with key points to discuss how you’ve applied these standards in your previous roles.
✨Tip Number 3
Showcase your critical thinking and problem-solving skills during interviews. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your experience in leading complex risk reviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Senior Model Risk Auditor | Lead Complex Risk Reviews
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your relevant experience in model risk auditing and any specific projects you've worked on. We want to see how your skills align with the role, so don’t be shy about showcasing your achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about model risk and how your background makes you a perfect fit for our team. Keep it engaging and personal – we love to see your personality come through.
Showcase Your Analytical Skills:Since this role involves data analytics, make sure to mention any tools or methodologies you’re familiar with. We’re looking for candidates who can demonstrate their critical thinking and problem-solving abilities, so give us examples of how you've used these skills in past roles.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you’ll find all the details you need about the position there!
How to prepare for a job interview at BNY
✨Know Your Models Inside Out
Make sure you have a solid understanding of the models you'll be auditing. Brush up on the specifics of model development and the regulatory standards like SR 11-7. Being able to discuss these in detail will show your expertise and confidence.
✨Prepare for Technical Questions
Expect questions that test your critical thinking and problem-solving skills. Prepare examples from your past experience where you've successfully navigated complex risk reviews or applied data analytics. This will demonstrate your ability to handle the demands of the role.
✨Showcase Your Report Writing Skills
Since preparing high-quality reports is key, be ready to discuss your approach to report writing. Bring examples of your previous work if possible, and highlight how you ensure clarity and precision in your documentation.
✨Ask Insightful Questions
At the end of the interview, don’t shy away from asking questions. Inquire about the team dynamics, the types of models they focus on, or how they measure success in audits. This shows your genuine interest in the role and helps you assess if it’s the right fit for you.
