Audit Manager, Model Risk (SME) Job Vacancy in NatWest Group Edinburgh – Updated today

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Full Details :
Company Name : NatWest Group
Location : Edinburgh
Position :

Job Description : Our people work differently depending on their jobs and needs. From home working to job sharing, visit the remote and flexible working page on our website to find out more.
This role is based in the United Kingdom and as such all normal working days must be carried out in the United Kingdom.
Join us as an Audit Manager, Model Risk (SME)
We’ll look to you to provide independent engagement assurance by supporting and leading audit engagements covering Credit Model Risk across a broad range of model types such as IRB, IFRS9 and Product Pricing.
You’ll be supporting the engagement assurance planning, ensuring coverage of all key risks, complying with regulatory requirements for Internal Audit, and deploying resources to best use
Using your expert knowledge of auditing, you’ll be able to advance your career in this critical manager role
What you’ll do
As an Audit Manager (SME), Model Risk, you’ll be providing quality, efficient and effective assurance and influencing business managers to improve control. You’ll be working independently as well as supporting, leading, and coaching others as they deliver audit engagements, making sure they’re delivered to budget and on time while helping them to realise their potential
You’ll also be:
Delivering audit engagements and driving assurance for regular and complex engagements
Leveraging Internal Audit’s industry leading audit methodology and tools
Ensuring compliance with global methodology within engagements and accurately keeping the audit management tool up to date
Managing key stakeholders throughout audit engagements, ensuring a good understanding of business risks and an open and effective discussion on key risks
Building on an excellent Internal Audit position and influencing the evolution of our control framework
The skills you’ll need
We’re looking for an experienced internal auditor or someone with a strong background in model risk management, along with knowledge and experience of credit model risk across Wholesale and Retail banking products. You’ll need to be able to demonstrate how you’ve successfully delivered projects – audit or otherwise – while keeping a firm hand on budget, time and quality.
It’s essential that you have experience of developing, validating or auditing models, and that you hold a quantitative degree e.g. Mathematics, Econometrics, Statistics, Operational Research, Data Science, Physics.
You’ll also have
Experience of working within Financial Services
Experience of project management
Strong interpersonal and communication skills with the ability to effectively communicate with and influence senior stakeholders
It would be beneficial if you’ve worked in an internal audit function, but not essential.
A proactive approach towards identifying and developing & coaching talent
If you need any adjustments to support your application, such as information in alternative formats or special requirements to access our buildings, or if you’re eligible under the Disability Confident Scheme please contact us and we’ll do everything we can to help.

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