Internal Audit & Validation Project

Our client will be bringing on 6-10 consultants to complete a 3 month contract with their end-client, a global bank.
With good performance and continued business needs, there is potential for extension and eventual conversion to a permanent, full-time position with the consulting firm.
Anyone with relevant experience and 5+ years of experience is welcome to apply - budget constraints may prevent more senior applicants from joining depending on compensation.
We will need a couple of senior manager/managers, and a handful of senior associates.

Senior Internal Auditor (Consumer Lending)
Responsibilities:
Conduct comprehensive audits of consumer lending operations to ensure compliance with regulatory requirements, internal policies, and industry best practices.
Evaluate the effectiveness of internal controls related to loan origination, underwriting, approval, disbursement, and servicing processes.
Lead audit planning, fieldwork, and reporting activities, including risk assessment, testing of controls, and preparation of audit reports.
Identify control deficiencies, compliance issues, and areas for improvement, and make recommendations for corrective actions to management.
Coordinate with stakeholders across the organization to address audit findings and monitor implementation of corrective actions.
Stay updated on regulatory developments, emerging risks, and industry trends impacting consumer lending activities.
Qualifications:
Bachelor's degree in finance, accounting, business administration, or a related field.
Professional certification such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or equivalent.
5+ years of experience in Internal Auditing, preferably with a focus on consumer lending or financial services.
Strong knowledge of consumer lending regulations, risk management principles, and internal control frameworks.
Excellent analytical, communication, and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.

Internal Auditor (Consumer Lending)
Responsibilities:
Perform audits of consumer lending processes and controls to assess compliance, operational efficiency, and risk management practices.
Assist in audit planning, fieldwork, and reporting activities, including risk assessment, testing of controls, and documentation of audit findings.
Review loan documents, policies, and procedures to ensure adherence to regulatory requirements and internal policies.
Identify control weaknesses, compliance gaps, and operational inefficiencies, and recommend corrective actions to address findings.
Support ongoing monitoring activities to track the status of audit findings and the implementation of remediation plans.
Collaborate with team members and stakeholders to promote a culture of compliance and continuous improvement in consumer lending operations.
Qualifications:
Bachelor's degree in finance, accounting, business administration, or a related field.
Relevant professional certifications or progress towards certification (e.g., CIA, CPA, etc.) is a plus.
2+ years of experience in Internal Auditing, risk management, or consumer lending within the financial services industry.
Familiarity with consumer lending regulations, internal control frameworks, and auditing standards.
Strong analytical skills, attention to detail, and ability to work independently or as part of a team.

Senior Validation Specialist (Consumer Lending)
Responsibilities:
Lead Validation Projects for models, data, processes, and controls used in consumer lending operations to ensure accuracy, reliability, and compliance with regulatory requirements.
Evaluate the conceptual soundness, methodology, and performance of credit scoring models, underwriting models, and other lending-related models.
Assess the quality and integrity of data sources, data governance practices, and data management processes supporting consumer lending activities.
Review lending processes, internal controls, and documentation to identify areas for validation and improvement.
Prepare validation reports documenting findings, conclusions, and recommendations for management and regulatory purposes.
Stay abreast of industry developments, regulatory changes, and best practices in validation methodologies and techniques.
Qualifications:
Master's degree or equivalent in statistics, mathematics, finance, or a related quantitative field.
Professional certification such as Certified Financial Modeler (CFM), Certified Information Systems Auditor (CISA), or equivalent.
5+ years of experience in model validation, data validation, or related roles within the financial services industry, with a focus on consumer lending.
Deep understanding of statistical modeling techniques, data analysis tools, and regulatory requirements applicable to consumer lending.
Excellent written and verbal communication skills, with the ability to present complex concepts to diverse audiences.

Internal Audit Validation Specialist (Consumer Lending)
Responsibilities:
Assist in validation activities for models, data, processes, and controls used in consumer lending operations, under the guidance of senior validation specialists.
Support the evaluation of credit scoring models, underwriting models, and other lending-related models to ensure accuracy, reliability, and compliance.
Participate in data validation efforts to assess the quality, completeness, and consistency of data sources and data management practices.
Assist in reviewing lending processes, internal controls, and documentation to identify validation requirements and areas for improvement.
Contribute to the preparation of validation reports, including documentation of findings, validation methodologies, and recommendations.
Collaborate with cross-functional teams to address validation findings, implement remediation actions, and enhance validation practices.
Qualifications:
Bachelor's degree in statistics, mathematics, finance, or a related quantitative field.
Relevant certifications or coursework in statistics, data analysis, or modeling techniques is a plus.
2+ years of experience in data analysis, model validation, or related roles within the financial services industry, preferably in consumer lending.
Familiarity with statistical software (e.g., SAS, R, Python) and data querying tools (e.g., SQL) is desirable.
Strong analytical skills, attention to detail, and ability to work effectively in a collaborative team environment.

.

Job Type: Contract

Pay: $44.11 - $53.12 per hour

Expected hours: 40 per week

Schedule:

• Day shift