Prudential Risk Auditor

Responsibilities:-

• Manage Prudential Risk related audit activities for the OakNorth Bank plc
• Delivers at least one audit per quarter: some audits to be delivered alone and others in partnership with the existing OakNorth audit team or empanelled co-sourced partner
• Document audit fieldwork, findings and prepare audit reports
• Identify meaningful issues impacting business and operations under review, challenging management to ensure appropriate remedial action has been taken to address the issues identified
• Review audit evidence and track closure of management actions
• Supports IA team and colleagues on subject matter whilst keeping in mind team goals, not only individual targets
• Deliver internal audits
• Audit the Prudential Risk framework of the Bank to cover firm’s exposure to credit (from underwriting to work-out and recoveries), capital, liquidity, operational, IFRS 9, financial (incl. reg reporting) and group risks
• Review of ICAAP and ILAAP incl. stress scenarios and assumptions to evaluate Bank’s financial resilience to ensure its safety and soundness
• Provide assurance on model risk management including their conceptual soundness, documentation, implementation accuracy and independent validation
• Deliver operation resilience audits to review Bank’s preparedness levels to consistently meet regulatory expectations
• Review of the Bank’s FSCS compliance and reporting framework.

Qualification:- FRM or CFA or any other equivalent certification (preferred) with a minimum of 3 years of banking or consulting experience.

Location:- BENGALURU OR GURUGRAM