We are looking for a highly experienced Credit Risk Auditor for a 6-month contract position. The ideal candidate will possess deep knowledge of regulatory requirements related to risk-based capital adequacy and credit risk modeling (e.g., MAS637 and IFRS 9). This role requires a strong understanding of internal audit practices, credit model validation, and credit stress testing.
Key Responsibilities:-
Execute internal audit engagements in accordance with established audit methodologies, regulatory standards, and industry best practices.
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Lead end-to-end audit activities including planning, fieldwork, issue identification, reporting, and post-audit follow-ups.
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Review and assess credit risk models and stress testing frameworks to ensure compliance with relevant regulations and internal governance requirements.
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Evaluate adherence to regulatory frameworks such as Pillar I, II, and III under risk-based capital adequacy standards and credit risk modeling requirements.
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Apply data analytics tools and techniques to assess the effectiveness of internal controls and identify potential risk areas.
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Provide insights and recommendations to support enhancements in credit risk management and audit strategies.
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Contribute to strategic initiatives in line with the overall audit plan and emerging risk landscape.
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Bachelor’s degree in Mathematics, Statistics, Finance, or a related quantitative discipline.
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12–15 years of relevant audit and credit risk experience in the financial services industry.
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Professional certifications such as CIA or FRM are advantageous.
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Strong knowledge of regulatory standards related to credit risk (e.g., capital adequacy, IFRS 9, credit model validation).
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Proficient in risk governance and credit risk assessment methodologies.
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Solid experience using data analytics and statistical programming tools (e.g., SAS, R, Python).
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Excellent communication, analytical, and leadership skills.
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Self-motivated, detail-oriented, and capable of working independently within tight timelines.
