Senior Model Risk Auditor - Remote & AI Audits

Canadian Imperial Bank of Commerce; New York (NY); On-site; USD 125,000 - 130,000; Full time

Benefits offered by this job

Competitive salary

Incentive pay

Banking benefits

Benefits program

Vacation offering

Wellbeing support

MomentMakers recognition program

Job summary

CIBC Bank USA seeks a Senior Auditor to assess and validate complex financial models, identify model risks, and determine operating effectiveness. You will lead control testing, document results, and communicate risks to stakeholders in a fast-paced, relationship-driven banking environment.

We require a Master's in Statistics, Data Science, or related field and 3+ years in model risk, with Python/SAS/R experience and strong project coordination skills. Part-time telecommuting is permitted.

Qualifications

• Master's degree required in Statistics, Data Science, or related quantitative field and 3+ years of model risk experience.
• Experience required: 3 years developing, validating, or auditing financial models; 3 years applying U.S. Model Risk regulatory guidance; 2 years risk rating models; 2 years managing projects and coordinating stakeholder communications; 2 years programming in Python, SAS, or R; 1 year leveraging data analytics tools to review models.
• Part-time telecommuting is permitted.

Responsibilities

• Assess and validate complex financial models and identify model risks.
• Evaluate model design and determine models' operating effectiveness.
• Perform control testing of quantitative and qualitative models.
• Identify gaps and validate deficiencies per audit methodologies.
• Document audit results and communicate risks to stakeholders.
• Lead continuous monitoring activities.
• Leverage data analytics and AI tools to improve audit efficiency.

Skills

Analytical Thinking

Audit Management

Internal Controls

Operating Effectiveness

Risk Based Auditing

Risk Management and Mitigation

Work Collaboratively

Education

Master's degree in Statistics, Data Science, or related quantitative field

Tools

Python

SAS

R

Job description

CIBC Bank USA seeks a Senior Auditor to assess and validate complex financial models, identify model risks, and determine operating effectiveness. You will lead control testing, document results, and communicate risks to stakeholders in a fast-paced, relationship-driven banking environment.

We require a Master's in Statistics, Data Science, or related field and 3+ years in model risk, with Python/SAS/R experience and strong project coordination skills. Part-time telecommuting is permitted.