We are looking for a highly experienced VP, Credit Risk Auditor for a 6-month contract position. The ideal candidate will possess deep knowledge of regulatory requirements related to risk-based capital adequacy and credit risk modeling. This role requires a strong understanding of internal audit practices, credit model validation, and credit stress testing.
Key Responsibilities:
- Execute internal audit engagements in accordance with established audit methodologies, regulatory standards, and industry best practices.
- Lead end-to-end audit activities including planning, fieldwork, issue identification, reporting, and post-audit follow-ups.
- Review and assess credit risk models and stress testing frameworks to ensure compliance with relevant regulations and internal governance requirements.
- Evaluate adherence to regulatory frameworks such as Pillar I, II, and III under risk-based capital adequacy standards and credit risk modeling requirements.
- Apply data analytics tools and techniques to assess the effectiveness of internal controls and identify potential risk areas.
- Provide insights and recommendations to support enhancements in credit risk management and audit strategies.
- Contribute to strategic initiatives in line with the overall audit plan and emerging risk landscape.
Job Requirements:
- Bachelor’s degree
- More than 10 years of relevant audit and credit risk experience in the financial services industry.
- Certifications such as CIA or FRM are advantageous.
- Strong knowledge of regulatory standards related to credit risk (e.g., capital adequacy, IFRS9, credit model validation).
- Proficient in risk governance and credit risk assessment methodologies.
- Solid experience using data analytics and statistical programming tools (SAS, R, Python).
- Excellent communication, analytical, and leadership skills.
- Self-motivated, detail-oriented, and capable of working independently within tight timelines.
Company Reg No.: 201131609D | License No.: 24S2411 | Reg No: R1110891 | JL