Your responsibilities

• Perform Continuous Monitoring of the business and external environment to identify emerging risks that may require a change of Model Risk audit focus.
• Lead and support Model Risk audits to identify key risks that are not adequately controlled, support business/functions and consider their options to efficient and effective controlling these risks.
• Based on audit fieldwork, draft audit findings which articulate the issues and risks succinctly and accurately identify the root causes.
• Ensure that the results and documentation of audit work meets the required internal standards and expectations of external stakeholders such as regulators.
• Monitor and validate Model Risk Audit Issues to ensure that the root cause of control weakness have been remediated by the business.
• Effectively communicate with key stakeholders, and timely deliver the audit objectives.
• Contribute to and support the development of new auditing tools via data analytics.
• Help the Model Risk team and Global Internal Audit generally to become more effective and efficient.

Our requirements

• A master’s degree or higher in a quantitative subject or evidence of a very solid understanding of advanced data analytics, artificial intelligence, general statistical modelling principles, techniques, applications, data issues, economic intuition behind models and the associated practical modelling risks.
• Experience and aptitude in a number of technical areas, such as credit risk modelling, Basel internal rating system development, Financial Crime Compliance models, Operational Risk modelling, financial mathematics, derivatives, analysis of market risk, econometric modelling, stress testing, scenario analysis, and actuarial modelling.
• At least 2 years of work experience in financial services, with deep knowledge or one or more businesses and products in which models are developed or applied: e.g., front-office trading desks, bank risk functions, risk consulting and insurance actuary.
• An understanding of major global regulatory frameworks and compliance requirements.
• Strong spoken and written English.
• Desirable to have a familiarity with common analytical software packages such as Python, Visual Basic, SQL, SAS, R, and/or Matlab.
• Have the ability to handle multiple projects simultaneously such as concurrent planning, fieldwork, or documentation for two (sometimes three) audits.

What we offer

• Competitive salary

• Annual performance-based bonus

• Additional bonuses for recognition awards

• Multisport card

• Private medical care

• Life insurance

• One-time reimbursement of home office set-up (up to 800 PLN)

• Corporate parties & events

• CSR initiatives

• Nursery discounts

• Financial support with trainings and education

• Social fund

• Flexible working hours

• Free parking