Senior Auditor, Model Risk SME (12 months)

NatWest Group
London
Join us as a Senior Auditor, Model Risk SME
  • If you have excellent analytical skills and a keen eye for detail, this could be your ideal role in our industry leading Audit function
  • In this key role specialising in Model Risk, you'll be contributing to independent audit engagement assurance by undertaking allocated tasks within the engagement life cycle
  • This is a fast paced and varied role which will enable you to build your network at the bank, by collaborating with a broad range of stakeholders and senior employees
  • We're offering this role for a period of 12 months, with the potential for extension or permanence
What you'll do

As a Senior Auditor, we'll look to you to provide quality, efficient and effective assurance and influence business managers to improve control as part of a digital and data-driven organisation. You'll be assessing risks and controls and carrying out testing, as well as contributing to assurance planning and undertaking effective process mapping.

You'll also be:
  • Analysing MI and reviewing risk information to identify key business risks and contribute to continuous monitoring
  • Producing effective audit engagement reports and opinions which influence our business managers to ensure they lead in a risk conscious way
  • Engaging with stakeholders throughout engagements, making sure they understand business risks by having open and effective conversations on key risks
  • Leading or independently delivering small engagements as and when required
  • Coaching auditors and supporting them to realise their potential on the engagement
The skills you'll need

We're looking for someone with audit or risk management experience, together with a strong understanding of the principles of good risk management. As a Model Risk SME, you'll also bring a strong understanding of model risk management principles and best practices, and the macroeconomic drivers of model and product performance. You'll have experience in credit models development or validation covering, at a minimum, IRB or IFRS9 models, and have knowledge and understanding of relevant Prudential Regulation Authority and EU regulations covering credit risk models.

You'll also need:
  • Excellent analytical skills and the ability to assess and prioritise data effectively, quickly establishing what's important
  • A thorough grounding in monitoring and testing effective controls
  • Excellent attention to detail when performing audit testing
  • Excellent stakeholder management skills
  • Great communication skills, with the ability to translate technical concepts in a clear and concise way
Hours
35

Job Posting Closing Date:
17/08/2025

Ways of Working:Remote First
Posted 2025-08-17

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