Senior Auditor - Model Risk | S | Internal AuditCountry: United Kingdom
Interested in part-time, job-share or flexible working? We want to talk to you!
Join our community.
We have a fantastic opportunity for a Senior Auditor to join our Internal Audit team with a particular focus on Model Risk. You’ll have the challenge of working on audits covering the end-to-end model lifecycle, including the conceptual soundness of Models, their documentation, their implementation, the level of compliance with regulatory requirements, and their independent validation.
You’ll play a key role in this critical area, challenging the st and nd lines of defence and contributing to the independent assessment of how well the relevant risks are managed.
The difference you’ll make:
1. Reviewing mechanisms and processes to ensure that they are robust, demonstrating awareness and understanding of business objectives, always thinking of the end customer
2. Identifying and assessing individual controls designed to manage model risk and proposing appropriate testing strategies, including identifying relevant regulatory requirements that need to be considered
3. Reviewing and challenging procedures or risk management practices using internal and external data to support decisions
4. Communicating required control changes and process improvements effectively and getting buy in from appropriate stakeholders
What you’ll bring:
5. Having proven assurance / monitoring / audit skills
6. Demonstrating proven capability to analyse and interpret data to contribute to assurance activities, including exposure to data analysis tools and techniques
It would also be nice for you to have:
7. Excellent problem solving, analytical skills and technical troubleshooting skills
8. Track record and understanding of model risk and associated controls, as well as relevant regulatory requirements
9. Understanding of Regulations and related processes in relation to the calculation of regulatory capital requirements and associated reporting
10. Professional audit related qualification (CMIIA/ACA/ACCA/equivalent)
What else you need to know:
We want our people to thrive at work and home, and we recognise that many people benefit from flexible arrangements. To enable us to deliver the best outcomes for our customers and to help each other develop we understand the importance of having the right balance of spending time together in an office while maintaining flexibility.
By working this way, we can continue to create moments that matter for everyone. To support this, we offer site-based contracts with a hybrid working pattern and we’re happy to discuss specific requirements throughout the recruitment process.
This permanent role is based in Unity Place, Milton Keynes and our current expectation is at least days in an office every week.
If you’re interested in this role but with part time hours or a job-share we would still love to hear from you and discuss these.
Inclusion
At Santander we’re creating a thriving workplace where all colleagues feel they belong and are supported to succeed. We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair.
How we’ll reward you.
As well as a salary, we offer a wide range of benefits that you can choose from and tailor to your needs.
11. £ annual cash allowance to spend on our great range of benefits.
12. Eligible for a discretionary performance-related annual bonus
13. We put % of salary into your pension, even if you don’t contribute yourself. We’ll pay in up to .% of salary, if you contribute as well, and you can take some of our contribution in cash if you prefer
14. days’ holiday plus bank holidays, which increases to days after yrs service, with the option to purchase up to contractual days per year
15. Voluntary healthcare benefits at discounted rates. Including: Bupa medical insurance, dental insurance, healthcare cash plan and health assessments
16. Benefits supporting you and your family, such as death-in-service benefit, income protection, and voluntary life assurance and critical illness cover
17. / access to an online employee discount platform including retailers, entertainment, eating out, travel and more
18. Share in Santander’s success by investing in our share plans
19. Support your favourite causes through charitable giving and our community partnerships
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