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Form of workJob ID: 24-00491
Pay Range: $100- $110/hour. Employee benefits include, but are not limited to, health insurance (medical, dental, vision), 401(k) plan, and paid sick leave (depending on work location).
Key Responsibilities:
- Executes day-to-day operational audit work and contributes to the delivery of audits (including risk assessment profiles and the Continuous Audit Assessment process).
- Implements dynamic planning through Continuous Audit Assessment of the business.
- Plans audits e.g. documenting activity flows of the processes to be reviewed, identifies risks and the key actual controls in place to mitigate the identified risks and attends meetings with internal stakeholders as and when required.
- Executes audit fieldwork in line with the agreed audit approach which includes, among others, reviewing the Bank's risk governance framework of Model Risk management and meeting all compliance requirements, and reviewing the Model Risk management process for all risk models.
- This covers the inventory of models, validation reviews, remediation of findings and ongoing monitoring/reporting.
- Reviews and provides expert opinions on action plans provided by clients, helping them develop robust remediation plans.
- Presents complex and sensitive messages (such as audit issues) comprehensively and professionally and reduces complex topics to simple statements.
- Participates in exit meetings, drafts high quality audit reports for review by audit management, facilitates issue tracking, validates the closure of issues and approves closure of Important issues.
- Supporting not only the US Audit Risk team but also the Global Model Risk Audit team and the Global Model Risk Management function in their ongoing framework transformation.
- Collaborating with internal and external clients to evaluate, test and report on the effectiveness of the risk management control in accordance with regulatory guidelines (Basel II/III, SR 11-7/ OCC11-12).
- Providing expert support in Model Risk management and governance policies related to audit engagements.
Pyramid Consulting, Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
