Audit Manager – Quantitative & AI Risk Models (Hybrid)

Lloyds Banking Group; Greater London; Hybrid; GBP 87,000 - 107,000; Full time

Job summary

A prominent banking institution is seeking an Audit Manager with expertise in quantitative, actuarial, and AI models. The role involves leading risk-based audits, managing audit delivery, and ensuring quality assurance across diverse financial models. The successful candidate will have an advanced degree, strong knowledge of model risk management, and experience in auditing. This position offers a competitive salary of £87,500 - £107,000 and a hybrid working pattern.

Benefits

Generous pension contribution

Annual performance-related bonus

Share schemes including free shares

30 days' holiday

Wellbeing initiatives

Qualifications

• Experience auditing models and knowledge of audit methodologies.
• Understanding of model regulations relevant to banking (Basel 3.1, CRD IV).
• Ability to lead audit delivery and coach colleagues.

Responsibilities

• Deliver high-quality risk-based audits and manage individual audits.
• Support control testing and identify areas of concern.
• Research industry best practices to enhance audit processes.

Skills

Model risk management

Audit methodology

Risk analysis

Data communication

Python

Education

Advanced degree in Mathematics or Statistics

Job description

A prominent banking institution is seeking an Audit Manager with expertise in quantitative, actuarial, and AI models. The role involves leading risk-based audits, managing audit delivery, and ensuring quality assurance across diverse financial models. The successful candidate will have an advanced degree, strong knowledge of model risk management, and experience in auditing. This position offers a competitive salary of £87,500 - £107,000 and a hybrid working pattern.