Truist Audit Manager is responsible for providing a leadership role in the delivery of high-risk, complex and value-added independent and objective risk-based internal audit assurance and advisory services. The Audit Manager will proactively coach junior team members by providing candid and constructive feedback.
Essential Duties and Responsibilities:
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
Conduct technical review of models utilized for the Truist Capital Adequacy Process and model risk governance activities conducted by Model Risk Management to support execution of the CAP Audit Program.
Evaluate the appropriateness of key areas underlying the modeling framework in the Capital Planning and Stress Testing process, including the modeling approach, quantitative methodology, model implementation, data quality and integrity and related governance and control framework.
Formulate opinion and conclusions on CAP processes and model risk governance through the assessment and collaboration among the audit team and contribute to improving the CAP and model risk management processes.
Develop and maintain specialization and expertise in complex modeling concepts as well as developing knowledge of auditing skills and risk management practices, and pursuing continuing education and possible additional professional certifications, as appropriate.
Collaborate with various audit delivery teams and provide subject matter expertise for models used for CAP.
Required Skills and Competencies:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Post-graduate degree and/or certification in Mathematics, Statistics, Financial Engineering, and/or Quantitative Analytics.
2-4+ years of technical model experience, which could include working on a model validation team, model development team or Audit equivalent technical review team
Demonstrated proficiency with one or more financial modeling methodologies. This includes knowledge of statistical and algorithmic methods applied in financial modeling.
Ability to work well within a team.
Ability to take direction and work independently.
Knowledge of database management tools such as SAS and/or SQL
Strong analytical, facilitation, interpersonal and decision-making skills.
Strong written and verbal communication skills, including the ability to present findings and articulate and defend conclusions to senior Audit and/or line of business management.
Technical model experience with a large bank
General auditing skills
General understanding of accounting and finance concepts and the banking and financial service industry.