HWThree is partnered with an Internatioanl Banking Corporation looking to hire an Audit Director for Model Risk Management.

This is a full-time, hybrid role, requiring 2 days work on-site in the Charlotte metro region.

As an Audit Director Model Risk you will:

• Produce third line review of a variety of models including managing, validating and auditing in Credit, CCAR, BSA/AML, Liquidity, Treasury, Market risk, and more.
• Lead projects in the above.
• Analyze the model documentation based on a plethora of aspects such as model data and parameters, design and methodology, implementation, and model documentation.
• Certify the compliance of the bank’s model risk management policy and relevant regulatory guidelines such as SR 11-7.
• Report on the third line work in compliance with the Internal Audit Manual.
• Assess the first and second line documentation and confirm that the necessary challenge and evaluations were adequately completed and properly documented.
• Assess model assumptions and limitations.
• Report to senior management about issues, challenges and methodologies.

As an Audit Director Model Risk you will require:

• Advanced degree in quantitative discipline (i.e. Engineering, Quantitative Finance, Physics or other related fields)
• Relevant knowledge of derivatives pricing theory across one or more asset classes (IR/FX/Credit/Equity), traded products and market/credit risks.
• 10+ years of work experience practicing the one of the following- model validation, model development, risk management, or any related fields.
• Well-built oral communication and technical writing skills.
• Understanding of statistical analysis as well as SR 11-7 guidance on model risk management.
• Familiarity with vendor pricing platforms such as MUREX, Polypath, Bloomberg etc.
• Quality programming and database skills.

In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus