VP Model Risk Audit

As a VP Model Risk Audit in the financial services industry, you will lead and manage audits related to model risk management, ensuring compliance with regulatory standards and internal policies. This role requires a strong understanding of accounting and finance principles to provide critical insights and recommendations for risk mitigation.Client DetailsThis opportunity is with a large organization in the financial services industry. The company is known for its focus on innovation and its commitment to maintaining a high standard of operational excellence in the banking and financial services sector.DescriptionLead and execute model risk audits to ensure compliance with regulatory requirements and internal guidelines.Assess the effectiveness of model development, validation, and governance processes.Identify and evaluate risks associated with model usage and recommend actionable solutions for improvement.Collaborate with cross-functional teams to ensure alignment in risk management strategies.Prepare detailed audit reports, highlighting findings and proposed corrective actions.Maintain up-to-date knowledge of regulatory changes and industry trends impacting model risk.Provide training and mentorship to junior team members to enhance their auditing capabilities.Develop and maintain strong relationships with stakeholders to facilitate effective communication and collaboration.MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.ProfileA successful VP Model Risk Audit should have:A strong background in model risk audit.Proficiency in model risk management, including development, validation, and governance processes.Excellent analytical and problem-solving skills to identify and mitigate risks effectively.Strong written and verbal communication skills for creating reports and collaborating with stakeholders.A proactive approach to staying updated with regulatory changes and industry best practices.Leadership abilities to guide and mentor junior team members.Job OfferCompetitive salary ranging from $160,000 to $210,000 USD annually.Opportunities for professional growth within the financial services industry.Comprehensive benefits package to support your overall well-being.Engaging and challenging work environment in New York.If you're ready to take on this exciting opportunity as a VP Model Risk Audit in New York, we encourage you to apply today!MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.