Audit/Compliance Analyst: IV (Lead)

Model Risk Management PositionDemonstrates working knowledge of model risk, regulatory matters, and business applications.Provides input towards consultation, interpretation, administration, and implementation of model risk controls.Provides assurance on the quality and effectiveness of internal control, risk management (current or emerging) and governance processes and systems in the model risk space.Providing assistance in the development of internal controls, processes and procedures in accordance with regulatory principles.Providing guidance and interpretations for applicable regulatory standards.Identifying model risk gaps by conducting internal spot checks and self-assessments.Plans and coordinates the operational activities of the organization to comply with governmental regulations and ordinances.Core Requirements:Minimum 7-10 years of experienceAudit backgroundModel risk experience and knowledge of capital loss forecasting activitiesKnowledge of OCC 2011-12/SR 11-7