Senior Auditor Associate, Risk Management
Senior Audit Associate, Risk Location: NYC Compensation: 100-120k base I am currently working with an International Bank that is looking to bring on a Senior Audit Associate with a focus on Risk Management to their team in NYC. Ideal candidates have 4+ years of experience within internal audit and have a strong understanding of Non-Financial Risk principles. In this role you will be participating in a variety of engagements alongside senior team members and aiding in the development of the remediation plan for control gaps and deficiencies identified in audit engagements. Responsibilities: Contribute to audit engagements from end to end, from planning and scoping to execution Work closely with senior leadership and industry stakeholders to identify control gaps and develop plans for remediation Engage in quarterly and annual risk assessments Requirements: 4 years of experience in Internal Audit, ideally within the context of Financial Services Bachelor's degree in Finance, Economics, Accounting or another related field Familiarity with Risk Management Principles (Non-Financial) Knowledge of applicable regulations Strong written and verbal communication skills
US$100000 - US$120000 per year
New York
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Audit Manager, Enterprise Risk
Key Responsibilities As Auditor in Charge, lead, execute, and document various audit activities throughout the audit life-cycle. Make recommendations, provide guidance, and communicate effectively across various seniority levels, with regulators and teams, ultimately creating relationships both internally and externally. Develop, Update, and Verify various audit engagements ensuring timeliness, accuracy, and compliance with regulatory requirements. Analyze and Interpret data to draw appropriate conclusions, identify weaknesses and areas of improvement. Draft audit issues, reports, and recommendations for corrective action as they relate to the respective client. Qualifications Education: Bachelor's Degree in Business or a relevant field such as Finance, Accounting, or Information Technology. Four years of related experience beyond the minimum required may be substituted in lieu of a degree. Experience: Minimum of 6 years of audit, financial, insurance, banking, information technology, or related business and/or related leadership experience Experience performing audits or applying audit, risk, or compliance acumen in a complex and regulatory environment as well as knowledge of audit principles. Experience effectively supporting, mentoring and communicating with internal and external members, partners and leaders. Exposure auditing enterprise risk or risk control frameworks. If this role seems appealing and your experience is relevant, apply today!
US$120000 - US$140000 per year
Dallas
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Energy - Director, Risk Management
A large-scale energy/utility provider with a strong power marketing function is seeking a Quantitative Analyst based in their Kansas City HQ or Topeka, KS office. The firm provides energy services to ~4.5 million customers across the mid-west. The company engages in energy trading to manage their energy portfolio, hedge against price volatility, and ensure a reliable supply of electricity for their customers. This role reports directly to the firm's Senior Director in Risk Management & Strategy. They are seeking a candidate with 7 - 12 years of experience that will be responsible for ensuring that new commercial strategies align with the overall portfolio performance expectations and fall within acceptable risk tolerances. Requires in-depth knowledge of commodity market dynamics, tradable instruments, and risk management practices specific to Energy Trading industry. Works with management on developing, reviewing, and modifying the portfolio strategy based on agreed-upon risk scenarios. Works closely with energy traders to develop risk scenarios and showcase potential impact to the broader portfolio. This position will lead/build a team of up to three Risk Analysts. In this role you will be responsible for: Energy Risk Management Strategy Develop and apply portfolio optimization techniques to drive hedge strategy decisions while balancing risk-adjusted revenue. Hedging strategies including DART optimization, CRR/FTRs, Credit and Collateral management, and term hedge and PPA transactions. Perform daily and weekly portfolio assessments to identify opportunities to maximize portfolio profit opportunities and identify risks. Collaborate with internal departments to incorporate long-term fundamental views into short-term risk mitigation trading strategies. Support Risk quantification and valuation of hedges, EMAs, and other structured transactions for contract negotiations and deal modeling Develop REC, Capacity, Resource Adequacy, and transmission hedging trading strategies. Develop Power, Natural Gas, and REC trading and hedging strategies. Risk and Quantitative Analytics Develop gross margin at risk models for projects with market price exposure, with a focus on prompt month to five years forward, to guide hedging and risk mitigation strategies within the confines of the established Energy Risk Management policies. Develop portfolio risk limits and maintain portfolio-level risk metrics accounting for cross-market correlations in energy, congestion, and REC prices. Develop stressed and scenario analysis for Market and Credit exposure, identify risk reducing strategies, and monitor/report execution of hedging/optimization activities. Review forward market price volatility curves and correlation assumptions for stochastic risk modeling. Facilitate trading strategy performance benchmarking and establishing risk limits. Reporting & Communication Collaborate with senior executives in setting appropriate hedging and risk management strategies for both renewable and conventional assets. Develop insightful market dashboards using Power BI or similar tools. Participate in Risk Oversight Committee discussions along with senior leadership. Develop and present risk issues and stressed risk measures to the Risk Oversight Committee at the committee meeting. Work closely with the Sr Director Risk Management to ensure compliance and adherence to the risk policies. Lead creation of management reporting that presents positions and exposures. Qualifications: 7 -12 years of experience in risk within the Energy Trading Industry Knowledge of US Electricity markets and power systems with direct experience with at least one ISO market Highly proficient in developing predictive models using mathematical and statistical methods to identify, analyze, and mitigate energy market risks with an understanding of option valuation and Greeks. Highly experienced in at least one programming language, preferably Python or R, with a demonstrated track record of developing complex statistical models and ideally implementing them into a production system. Ability to build Quant Lib utilizing stochastic calculus and Option Models for deal valuation. Strong SQL and data mining skills. Ability to construct power fundamental models for pricing, load, generation, flow, and outages using various methodologies. Ability to extract, manipulate, and analyze large datasets relevant to the energy market in order to develop complex trading algorithms. Exposure to regulatory expectations and industry standards concerning risk management practices including risk management modeling. Experience in valuing and transacting transmission hedging products.
Negotiable
Kansas City
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Junior Financial Controller (m/w/d)
Deine Aufgaben: -Mitarbeit bei Erstellung von Monats-, Quartals- und Jahresabschlรผssen -Begleitung der Forecast- und Budgetprozesse -Eistellung von Ad-hoc Analysen fรผr die Abteilungs-/Projektleiter und das Management -Pro-aktive Mitwirkung bei der Optimierung der Finanz- und Controlling-Prozesse fรผr die Muttergesellschaft und die internationalen Tochtergesellschaften -Mitarbeit bei der Erstellung von Prรคsentationen fรผr Aufsichtsrรคte und Gesellschafter -Sonderaufgaben in den Bereichen Compliance, ESG, IT und Administration -Untersรผtzung des CFO's bei Sonderprojekten wie z.B. Kapitalerhรถhungen -Erstellung der jรคhrlichen Dokumentation fรผr die Wirtschaftsprรผfer im Rahmen der Jahresabschlussprรผfung fรผr die gesamte Firmengruppe, sowie Schnittstelle fรผr die externen Partner (Steuerberater, Accounting) -Mitarbeit bei der Einfรผhrung eines ERP-Systems im Finanzbereich und Mitarbeit an Finanz- / IT-Projekten -Sicherstellung der korrekten Verbuchung und Abwicklung von Zahlungsvorgรคngen Was wir von Dir erwarten: -Du hast ein abgeschlossenes wirtschaftswissenschaftliches Studium (idealerweise mit Schwerpunkt Controlling, Accounting oder Finance) oder eine vergleichbare Ausbildung -Du hast sehr gute Kentnisse in Excel und Powerpoint und besitzt eine hohe IT-Affinitรคt -Du bist ein Teamplayer, arbeitest aber gleichzeitig eigenstรคndig und รผbernimmst gerne Verantwortung fรผr deine Themen -Du verfรผgst รผber sehr gute Deutsch- und Englischkenntnisse in Wort und Schrift -Du hast Spass im Umgang mit Zahlen und arbeitest gern strukturiert, analytisch, sorgfรคltig und ergebnisorientiert -Du fรผhlst Dich wohl in einem jungen und dynamischen Unternehmen und hast Spaร an der Weiterentwicklung interner Prozesse sowie Strukturen
Negotiable
Germany
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IT Regulatory Specialist (m/w/d)
Job Summary: We are working with the securities entity of a major international banking group, who are seeking a highly skilled and motivated IT Regulatory Specialist to join their office in the Hamburg area. The successful candidate will be responsible for ensuring that IT operations comply with financial services regulations, particularly focusing on DORA, MaRisk, and BAIT. This role demands excellent communication skills for coordinating with various departments and a strong affinity for IT topics. Responsibilities: Regulatory Compliance: Ensure compliance with DORA (Digital Operational Resilience Act), MaRisk (Minimum Requirements for Risk Management), and BAIT (Banking Supervisory Requirements for IT). Monitor and implement regulatory changes and updates. Coordination and Communication: Act as a liaison between IT, legal, risk management, and other departments to facilitate compliance and ensure alignment with regulatory requirements. Prepare and deliver clear, concise reports and presentations to stakeholders. Risk Management: Identify, assess, and mitigate IT-related risks in accordance with regulatory standards. Develop and maintain risk management frameworks and processes. Policy Development: Draft, update, and maintain IT policies and procedures to ensure regulatory compliance. Work closely with internal audit and compliance teams to conduct regular reviews and updates. Training and Awareness: Develop and deliver training programs to raise awareness of IT regulatory requirements among staff. Ensure all relevant personnel are informed and educated on regulatory changes and compliance practices. Incident Management: Oversee and manage IT incidents and breaches in line with regulatory requirements. Ensure timely reporting and resolution, including root cause analysis and preventive measures. As Internal Audit AVP, you should have: Educational Background: Bachelor's degree in Information Technology, Computer Science, Law, Finance, or a related field. Advanced degrees or certifications in regulatory compliance or IT security are a plus. Experience: Minimum of 3-5 years of experience in IT regulatory compliance within the financial services sector. Proven experience with DORA, MaRisk, and BAIT regulations is essential. Technical Skills: Strong understanding of IT systems, networks, and security measures. Familiarity with regulatory compliance software and tools is an advantage. Communication Skills: Excellent written and verbal communication skills in German and English. Ability to convey complex regulatory and IT concepts to non-technical stakeholders clearly and effectively. Analytical Skills: Strong analytical and problem-solving abilities. Ability to assess regulatory impact on IT processes and systems and propose compliant solutions. Interpersonal Skills: Strong interpersonal skills with the ability to work collaboratively across departments. Demonstrated ability to influence and drive change in a matrix organization. Company Summary: This role offers a unique opportunity to make a significant impact on the regulatory practices of a major banking group in the Hamburg area. You will work alongside talented professionals and have exposure to diverse challenges within a stimulating and supportive environment. To apply for the IT Regulatory Specialist role, please contact Tom Flint, Specialist Recruitment Consultant at Selby Jennings, with your CV directly. We are looking forward to hearing from you soon!
Negotiable
Hamburg
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Head of Risk Modeling (F/M)
Our client is the leading instant credit provider for the eโeconomy in Europe. He does both B2B and B2C. As the Head of Risk Modelling, you will be an integral part of the Data Science team, tasked with developing various quantitative models for the company. This team operates within the Risk & Data department, fostering close collaboration with the Risk teams. It is essential to note that risk modelling lies at the heart of our client's strategy, contributing significantly to risk management, product innovation, and having a substantial business impact. ๐นYour responsibilities: Credit scoring: develop & deploy credit scores on all our products (direct & via partners, personal loan & assigned credit, across all countries). Development of fraud detection models to identify and prevent fraudulent credit applications. Modelling of portfolio dynamics to gain insights into the behaviour and performance of our portfolios over time. Recovery modelling, including both prioritization and forecasting of recovery performance, to optimize strategies for recovering outstanding debts. ๐นYour key missions: Prioritizing the roadmap based on business impact and model risk, Manage a team of 3 data scientists and expand it to support our client's growth, Understand the role of the credit scores in the decision engines and identify limitations and improvement ideas to maximize business impact for the direct and via partner lines of business, Develop performant & robust models using state-of-the-art statistical & machine learning technics, Maximizing the utilization of external data sources in the various models (e.g., credit bureau), Enhancing the methodology for developing various scores, Ensuring correct deployment into production with Machine Learning engineers. Participating in the monitoring of various models in close liaison with the risk teams. Collaborate effectively with all stakeholders: risk teams, business lines, product & tech teams. Communicate with executive committee members, investors, regulatory authorities, and partners. ๐นYour profile: Master's or Ph.D. in a quantitative field such as Statistics, Mathematics, or Data Science. ยท Extensive experience (5+ years) in risk modelling within the financial industry, with a proven track record of leading successful projects. Strong proficiency in statistical modelling techniques, with expertise in Python programming language. Excellent leadership and communication skills, with the ability to effectively manage a team and collaborate cross-functionally. Familiarity with regulatory requirements and best practices in risk modelling Proactive mindset with a focus on continuous improvement and innovation You are ready for you next step in Paris? Feel free to apply directly through the platform!
Verhandelbar
Paris
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Internal Audit - Credit Risk Associate
Responsibilities: This client is seeking an audit associate to independently assess the firm's internal control structure, including the firm's governance processes, controls, and risk management to raise awareness of control risk, specifically related to credit risk models. Knowledge of financial modeling concepts and measurements, including credit default, counterparty credit risk, econometrics and stress testing, financial derivatives' pricing, potential exposure, CECL and CCAR is essential. Qualifications: Advanced Degree in a quantitative discipline Model risk management knowledge, including model risk governance, model development, implementation, testing and change management Programming experience in Python, Java, C++, C#, R, and MatLab Strong interpersonal and relationship management skills Strong verbal and written communication skills and presentation skills
US$85000 - US$140000 per year
New York
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Lead Auditor - Markets and Securities
Audit Lead - Markets Location: NYC, Pittsburgh, or Orlando Compensation: 100-120k base This role is part of the Markets Audit team which is responsible for independent coverage of the firms first line risk and controls framework covering Markets and Credit Services. Ideal candidates have 3+ years of experience in internal audit and are have experience covering markets, securities, fixed income, or trading. On a daily basis, this person will be participating in a variety of engagements alongside senior team members and aiding in the development of the remediation plan for control gaps and deficiencies identified in audit engagements. Responsibilities: Conduct audit of risk framework generated from the Bank's activities in businesses such as Markets and Wealth Management Identify inconsistencies with the control environment, regulatory requirements Assist in executing the audit plan, continuous monitoring, and special assignments Demonstrates leadership through work guidance and training of less experienced peers and through advice to assigned clients Requirements: Bachelor's degree in Accounting, Finance, Business, or another related field 3+ years of experience - Exposure to Markets, Market Risk, Securities, Trading, and Credit Risk Ideal Strong analytical skills Excellent written and verbal communication skills Relevant certifications preferred
Negotiable
New York
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Director - Audit Innovation and Automation
Director - Audit Innovation and Automation Location: Chicago I am currently working with a leading financial services firm in Chicago to grow out their third-line team, specifically by bringing on a Director with the focus of automating audit practices and increasing audit operational efficiencies. Ideal candidates have 10+ years of experience in Internal Audit, specifically conducting risk-based assessments, or comparable experience in a role supporting Audit Operations. In this role, you will responsible for overseeing a portfolio of audits while working to identify operational deficiencies, develop strategies to for audit process improvement, and increase audit operational efficiencies through the automation of policies and procedures. Additionally, you will be responsible for overseeing a team, so the firm is ideally looking to speak with candidates that have a strong background in people management. Responsibilities: Through conducting risk assessments, identify operational efficiencies in audit operations and strategize methods to improve Oversee audit automation through tracking and reporting Spearhead the continuous improvement of the Internal Audit Department Work with firm leadership to evaluate and manage resource allocation and audit budgeting Requirements: 10+ years of experience in Internal Audit, or other related experience supporting an audit function Knowledge of audit methodology and professional practices standards (IIA) Strong people management skills Excellent written and verbal communication skills Relevant certifications preferred (CIA, CPA, CRMA, etc.)
US$180000 - US$200000 per year
Chicago
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Risk Mananger (m/w/d)
Mein Kundenunternehmen ist eine internationale Geschรคftsbankengruppe, die derzeit einen Risikomanager sucht, um ihr Risikoteam zu verstรคrken und die Bedรผrfnisse ihrer Firmen-, institutionellen und staatlichen Kunden in ganz Europa zu unterstรผtzen. Das Gehalt fรผr diese Position liegt zwischen โฌ80.000 und โฌ110.000 Grundgehalt, zuzรผglich Bonus und zusรคtzlichen Leistungen. Diese Position ist auรerdem hybrid, sodass Sie zwei Tage pro Woche von zu Hause aus arbeiten kรถnnen. Hauptverantwortlichkeiten: Unterstรผtzung des Leiters Risiko im gesamten Risikomanagement und der Ausrichtung an der Geschรคftsstrategie. Unterstรผtzung bei regulatorischen Risiko-Berichten (AnaCredit, SAKI, Risikotragfรคhigkeit usw.) und Sicherstellung der Einhaltung interner/regulatorischer Risikogrenzen. Unterstรผtzung der Einhaltung der BAIT-Vorschriften und IT-Strukturanforderungen. Dokumentation von Risikomanagementsystemen und -prozessen sowie Implementierung neuer risikobezogener rechtlicher und regulatorischer Anforderungen. Zusammenarbeit mit Regulierungsbehรถrden, Wirtschaftsprรผfern und internen Stakeholdern in Risikofragen. Ihr Profil: Bachelor-Abschluss in Finanzen, Wirtschaft, Betriebswirtschaft oder vergleichbaren Fachbereichen. Fundierte Kenntnisse in KWG, MaRisk, BAIT und verwandten Vorschriften. Nachgewiesene Erfahrung im Risikomanagement im Finanzdienstleistungssektor. Flieรend in Englisch und Deutsch (C1). Wenn Sie bereit sind, Ihre Fรคhigkeiten und Expertise in einer herausfordernden Position einzusetzen, senden Sie bitte Ihren Lebenslauf an Giovanny Benztio. Wir freuen uns darauf, von Ihnen zu hรถren! Bitte beachten Sie, dass nur Bewerber, deren Profile den Anforderungen entsprechen, kontaktiert werden. Ihre Bewerbung wird vertraulich behandelt.
โฌ80000 - โฌ110000 per annum
Frankfurt am Main
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Senior Treasury Audit Manager
We are collaborating with a leading bank that is actively expanding its presence in the US. They are currently seeking a Senior Audit Manager specializing in Corporate Treasury areas, including Liquidity and Interest Rate Risk in the Banking Book (IRRBB). Responsibilities Independently and objectively evaluate the adequacy and effectiveness of Finance, Liquidity, and IRRBB practices Support the Audit Director and Managing Director throughout the audit process across the U.S. portfolio, including planning, reporting, and issue remediation phases. Contribute to non-audit related projects, including regulatory issue validation, audit risk assessments, and other strategic initiatives. Requirements Candidates should have approximately 6-8 years of experience. Experience in BSA/AML, OFAC, Anti-Bribery and Corruption, and/or regulatory compliance as an internal auditor (third line of defense) or compliance professional (second line of defense) for large financial institutions is required. Expertise in Treasury, IRR, and Liquidity is necessary. A bachelor's degree is required. Certified Anti-Money Laundering Specialist (CAMS) certification is preferred.
Negotiable
New York
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Investment Risk Manager | 5B USD Asset Management Firm
Position: Investment Risk Management Manager Location: Hong Kong Office Responsibilities: Report directly to the Head of Risk Management and assist in all risk-related matters. Maintain and further develop the company's enterprise risk management. Handle all risk management queries from internal and external stakeholders. Perform investment risk reporting, monitoring, and analysis for all portfolios managed by the investment team. Communicate the results of the analysis and the reasoning behind them. Contribute to investment processes by forming data-driven opinions about the decision-making process and portfolio risks. Participate in all risk-related projects. Requirements: Degree or above in risk management or quantitative analysis. Over 5 years of experience in asset management risk. Strong knowledge in VBA (Python is a plus). Understanding of risk management concepts and a strong risk management mindset. Good attitude, self-motivated, curious, adaptable, and detail-oriented. Excellent communication skills, both verbal and written, with the ability to produce concise and effective presentations. Comfortable using various systems such as Bloomberg, Aladdin, and FactSet. Ability to work independently and collaborate effectively with business and external groups. Ability to work on multiple projects and deliverables simultaneously, consistently meeting deadlines. Willingness to question established processes and seek to improve them. Good command of spoken and written English and Chinese. Candidates with less experience may also be considered for an Assistant Manager position.
Negotiable
Hong Kong
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