Credit Risk Auditor - BFS/KPO

Credit Risk Auditor

Job responsibilities :

- Manage Prudential Risk-related audit activities.

- Delivers at least one audit per quarter: some audits to be delivered alone and others in partnership with the existing audit team or empanelled co-sourced partner

- Document audit fieldwork, findings and prepare audit reports

- Identify meaningful issues impacting business and operations under review, challenging management to ensure appropriate remedial action has been taken to address the issues identified

- Review audit evidence and track closure of management actions

- Supports IA team and colleagues on the subject matter whilst keeping in mind team goals, not only individual targets

- Deliver internal audits

- Audit the Risk framework of the Bank to cover the firm's exposure to credit (from underwriting to work-out and recoveries), capital, liquidity, operational, IFRS 9, financial (incl. reg reporting), and group risks

- Review of ICAAP and ILAAP incl. stress scenarios and assumptions to evaluate Bank's financial resilience to ensure its safety and soundness

- Provide assurance on model risk management including their conceptual soundness, documentation, implementation accuracy, and independent validation

- Deliver operation resilience audits to review Bank's preparedness levels to consistently meet regulatory expectations

- Review of the Bank's FSCS compliance and reporting framework

- An honest person who operates with a high degree of ethics and integrity through any situation (right ambition, say it as it is)

- Someone with a minimum of 3 years of banking or consulting experience in prudential matters

- Working knowledge of regulatory standards and references such as credit risk management cycle and credit migration, ICAAP and ILAAP, model risk management, PD/LGD, RWAs, stress testing and reverse stress testing, operational resilience, and scenario analysis, recovery and resolution, IFRS 9 ECLs and provisions, regulatory reporting incl.

- Exposure to UK's regulatory environment would be an added advantage

- Someone who holds at least a bachelor's degree in accounting or finance (or equivalent)

- Holds at least one globally recognized professional certification: FRM or CFA or any other equivalent certification (preferred)