TEKsystems is seeking an Auditor specializing in Model Development at a major financial institution in Toronto. This hybrid role is essential for strengthening data risk and model validation processes.
The position involves supporting high-priority assessments of model risk management and governance frameworks while ensuring regulatory compliance. You will lead audit engagements, evaluate control effectiveness, and monitor compliance efforts with a specialized audit team focused on emerging risks. Robust technical acumen in model development and risk management practices is essential to succeed.
Key Responsibilities:
• Lead audit engagements on model development and validation
• Execute independent audits as required for low-complexity tasks
• Assess effectiveness of controls through thorough testing
• Draft comprehensive audit reports and communicate findings
• Collaborate with model development and risk management teams
Requirements:
• Minimum 3 years of experience in statistical modeling and validation
• Strong background in Credit and Fraud Risk Management
• Familiarity with OSFI E-23 and SR 11-7 regulations
• Experience with retail banking credit models
• Proven ability to communicate complex information effectively
Contribute your audit skills towards ensuring robust model governance and compliance at TEKsystems.
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📌 Auditor for Model Development Frameworks (Ontario)
🏢 TEKsystems
📍 Ontario
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