Audit Manager - Internal Audit - Model Risk

Audit Manager - Internal Audit - Model Risk

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

The Audit Manager is an intermediate level role responsible for performing moderately complex audits and assessments of Citi's risk and control environments in coordination with the Audit team. The overall objective is to utilize in-depth subject matter expertise to ensure that the firm meets audit standards and regulations and to work with business leaders to determine solutions for emerging issues.

Responsibilities : Manage Internal Audit Model Risk Management Activities Complete assigned audits within budgeted timeframes and budgeted costs Monitor, assess and recommend solutions to emerging risks Contribute to the development of audit processes improvements, including the development of automated routines to help focus audit testing Draft audit reports and present issues to the business while discussing practical cross-functional solutions Recommend appropriate and pragmatic solutions to risk and control issues Apply understanding of internal audit standards, policies and local regulations to provide timely audit assurance Develop internal audit staff and provide coaching to team members Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications : 8-12 years of relevant experience Effective verbal, written and negotiation skills Effective project management skills Effective influencing and relationship management skills Good understanding of Model Development and Model Validation process with at least one modeling area of specialization among Market Risk, Credit Risk, Loss Forecasting, Wholesale, Retail, PPNR, Consumer Valuation, AML, Basel, CCAR, Scenario design and CECL. Good understanding of model risk policy / procedure, SR 11 / 7, SR 15 / 18, OCC 11 / 12 Audit experience is recommended Education : Masters degree (MS / MBA) in Statistics / Economics / Mathematics / Finance preferred.