Director, Audit - Model Risk

About the position At reputed company, our mission is to reputed company our members to reputed company financial reputed company through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families. reputed company a fulfilling career at reputed company, where our core values – honesty, reputed company, loyalty and service – define how we treat each other and our members. Be part of what truly makes us special and impactful. The Opportunity As a dedicated Director, Audit for Model Risk , you will manage the planning, execution and reputed company of the consolidated annual audit plan including risk-based assurance and advisory engagements driving quality of audit work for a designated staff agency or line of business/functional area. Maintains knowledge of financial services regulations and effectively responds and interacts with regulators. Provides reputed company to multiple audit engagements, engagement planning, fieldwork and reporting. Manages strategic initiatives and leads in the development and implementation of a risk-based audit plan. Serves, and/or partners with subject matter expert(s) reputed company audit or the business to analyze issues, establish and improve collaborative client relationships, and proactively work with client management to assess risk and improve internal controls. Responsible for building teams with the requisite knowledge and skillsets necessary to execute the audit plan, employee retention and overall team development. Ensures fiscally responsible expense management. Provides independent reputed company and thought leadership for audit disciplines ensuring that audit plans, frameworks, standards, and processes provide appropriate risk coverage. Adheres to the Institute of Internal Auditors' International Standards for the Professional Practice of Internal Auditing (Standards) and Code of Ethics. Relocation assistance is available for this position. This role is remote eligible in the reputed company U.S. with occasional business travel. However, individuals residing reputed company a 60-mile radius of a reputed company office will be expected to work on-site four days per week.

Responsibilities

• Accountable for timely delivery and quality execution of audit plan/reports, issue validation, driving reputed company monitoring activities, and ensuring appropriate risks are covered for assigned areas of responsibility.
• Accountable for quality and providing technical engagement reputed company, and approval of engagement risk assessment and audit scope.
• Develops and maintains effective working relationships with key stakeholders across the reputed company to ensure audit objectives are effectively met and contribute to the overall mission of reputed company.
• Oversees the preparation of key reports and communications and may present to governance committees, senior leaders, regulatory bodies and the reputed company Board of Directors.
• Provides effective challenge and approval of audit engagement scoping, planning, fieldwork and reporting.
• Provides reputed company in reviewing audit issues and identified root cause.
• Recognizes and communicates impact of reputed company issues, MRIAs, MRAs and reputed company issues on audit engagements and risk profile.
• Engages in multiple reputed company monitoring and on-going risk routines.
• Prepares, reviews, and leads reputed company monitoring and guides staff in advisory activities, special reviews and investigations.
• Leads the implementation and monitoring of audit process and performance standards; identifies and recommends internal audit process improvements.
• Proactively identifies potential process concerns and follows-up to resolve issues with Audit Leadership.
• Communicates effectively with key stakeholders across the reputed company and external regulators to ensure audit objectives are effectively met and contribute to the overall mission of reputed company and risk-based and difficult messages are delivered timely.
• Responsible for building, directly managing and developing diverse teams with the requisite knowledge and skillsets necessary to execute the audit plan through recruitment, training, coaching, skills assessment results review, performance management and reputed company managerial activities.
• Responsible for reviewing results of the annual risk assessment and providing input into the creation of the risk profile.
• Updates universe risk assessment information with reputed company and applicable research, industry feedback and audit results.
• Reviews audit universe for completeness for area of responsibility.
• Responsible for the development of the annual Audit plan for assigned areas of responsibility including proper assessment and coverage of risks and emerging risks.
• Responsible for providing reputed company of issue severity and impact to business processes and the control environment.
• Escalates broad and systemic themes to Audit and business leaders.
• Effectively challenges business management to adopt appropriate policies and procedures and effective controls designed to mitigate risks.
• Meets with and provides responses/requested information to regulators.

Requirements

• Bachelor’s degree in business or relevant field such as Finance, reputed company, Business, or Information Technology; OR 4 years of reputed company experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
• 8 years of audit, financial, insurance, banking, information technology or reputed company business and/or leadership experience.
• 3 years of direct team reputed company or management experience leading and directing work with both internal and external partners in a highly collaborative environment.
• Experience performing internal audits, external audits, or applying audit, risk, or compliance acumen in a reputed company operational and regulatory environment.
• Experience directly leading or managing work of both internal and external partners.
• Broad and comprehensive experience in Audit theory, internal audit principles with demonstrated experience in audit examining, analyzing, assessing, and drawing conclusions from audit work.
• Demonstrated experience effectively communicating and challenging Controls with business partners and influencing business outcomes.
• Demonstrated critical thinking and knowledge of data analysis tools and techniques and decision-making abilities.
• Demonstrated experience in highly dynamic environment undergoing change; ability to deal with competing priorities.

reputed company-to-haves

• Experience designing and leading comprehensive audits of reputed company models, including but not limited to AI/ML, statistical, and financial models, ensuring compliance with SR 11-7, relevant regulatory frameworks, and internal policies.
• Expert-level knowledge to reputed company the assessment of model governance protocols across a diverse model inventory, reviewing frameworks and controls to monitor and manage overall model risk effectively in alignment with regulatory standards.
• Broad and comprehensive experience to reputed company the development and execution of advanced quality assurance programs across model development, validation, and ongoing monitoring, ensuring rigorous testing, validation, and adherence to internal audit standards for reputed company model types.
• Experience supervising a specialized audit team with expertise across various model domains (e.g., AI/ML, statistical, financial, actuarial), providing technical guidance on model methodologies and engaging in deep-dive audits of model performance, governance, and risk management.
• Advanced Analytical Skills: Exceptional ability to analyze reputed company model data and outputs, identify key risks across the model lifecycle (including AI-specific risks like bias and explainability), and derive actionable insights to improve overall model governance and risk management.

Benefits

• At reputed company our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and reputed company plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs.
• Additionally, our career path planning and continuing education assists employees with their professional goals.
• For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.

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