This role would suit someone with a background in a large financial services organisation gained in quantitative finance audit with a thorough understanding of traded credit and market risk techniques, BASEL III requirements and emerging regulations.

The successful candidate will be accountable for the standards of reports and plans undertaken by the audit team while maintaining on overall view of the internal audit plan.

Essential

•  Expert knowledge of traded credit/market risk modelling  (CVA, DVA, PFE, VaR, IRC, APR/CRM etc)
• Comprehensive experience of validating and evaluating models
• Thorough understanding of BASEL III credit and market risk requirements in addition to current knowledge of emerging regulatory requirements.
• Excellent communication skills
• Ability to develop and maintain excellent working relationships

Desirable

• Programming experience, experience e.g. C++, SQL, Matlab.
• Postgraduate qualification in a relevant subject
• Managing an audit plan

Leading the Credit Risk Audit team in the UK and liaising with global counterparties….

This role would suit someone with strong experience of counterparty credit risk, either as an auditor or as a credit risk analyst with report writing ability or previous audit / controls experience.

As part of the team completing the annual audit, the role will involve reporting to the Board Audit Committee and senior management; providing recommendations for areas of improvement and evaluation of the risk monitoring process and its capability.

The successful candidate will also advise on credit risk across Internal Audit and act as ‘knowledge expert’ to the financial markets teams on products relating to credit risk. You will also have the opportunity to gain exposure of operational market and liquidity risk. Preference will be given to candidates with experience in these areas.

An understanding of Basel 2/3, BIPRU, credit risk modelling. (Internal Models, Stress Testing, CVA (Credit Valuation adjustment) Stress Testing, back testing) would be useful.

You must have excellent communication, including report writing, and team working skills, and be able to build successful working relationships across the Global risk function.