BIA VP - Model Risk
Join Barclays Internal Audit as a VP specializing in Model Risk. You will play a crucial role in providing independent, reliable, and insightful assurance to the Board and executive management by evaluating the effectiveness of governance, risk management, and controls over model risk. The role involves leading and supporting audit development and delivery across model risk management disciplines.
You will be responsible for conducting audits related to Model Risk Management, Model Development, Model Validation, or Model Audit for models covering traded products, financial derivatives, credit risk, counterparty credit risk, fraud risk, climate risk, or AI/ML models. This includes performing risk assessments, identifying operational risks, assessing internal control effectiveness, and ensuring alignment with regulatory requirements.
The role requires strong analytical and problem-solving capabilities with excellent judgement and a risk-based mindset. You will communicate key findings and recommendations to stakeholders including senior managers and directors, and have difficult conversations with both technical and non-technical senior stakeholders. You should demonstrate project management experience and the ability to conduct complex work under pressure while leading others in large audit assignments.
A quantitative postgraduate degree, Engineering (B.Tech), or professional qualification (CFA, ACA, FRM, FIA, CAIA, MBA) is expected. Knowledge of programming languages such as Python, SAS, or R is desirable, along with awareness of new and emerging financial products and services.
