Model Risk Auditor - BFS

- Understanding of SR 11/7 framework

- Stats concepts - linear and logistic regression.

- Difference among model development, validation and audit

- Audit as 3rd line of defense.

- Applied experience of model risk and capital modeling, derivatives pricing and broader financial modeling is desirable, but regardless of experience all candidates should be able to demonstrate an understanding of capital modeling, financial and derivative products and mathematics, from private study if they have not worked in the financial sector

- Experience in model risk assurance activities (internal/external audit, independent validation or regulatory environment) would be an added advantage