Senior Manager, Internal Audit - Model Risk (Remote)

When you work with the world's most innovative companies, you know you're making a difference.

Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.

They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.

Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.

• Job Description
• Core Responsibilities :
• Assist in the development and maintenance of the IA Model Risk coverage program to assess Company alignment with regulatory requirements;
• Lead and supervise the Model Risk coverage program which includes model governance audits and execution of individual model assessments
• Develop and maintain the annual model risk audit coverage plan
• Serve as a point of contact for model risk regulatory requests, ensuring consistency and quality deliverables
• Maintain sufficient business owner contact & collaboration with business partners to continually broaden and strengthen the Internal Audit team’s relationships with key management personnel
• Effectively communicate with model risk business partners owners and be a good representative of the Internal Audit department
• Stay current on the regulatory environment and impact to the business;
• Ensure up-to-date knowledge on changes within the organization and identifying the relevant risks
• Analyze information to identify risks and trends
• Assist in the development, analysis and reporting of model risk performance metrics for the department;
• Develop and maintain reporting to external stakeholders, including Audit Committee and regulatory examiners;
• Promote a culture of Inclusion & Diversity
• Skills and Requirements :
• An undergraduate degree in Finance, Accounting or a related business field is required.
• An active professional certification in public accounting or internal auditing is recommended (i.e. CPA, CIA, CISA, CRMA, etc.);
• 7+ years of experience in external or internal audit, with strong understanding of risks and controls, preferably with experience in model risk and / or the financial services industry;
• Project management experience;
• Excellent written and verbal communication skills with the ability to balance strategic goals for the department with the needs and expectations of the audit team;
• Proven ability to leverage ideas and best practices across the various activities taking place in the department;
• Strong problem solving skills and attention to detail;
• Ability to navigate through ambiguity and accepting ownership and accountability of the process and deliver on commitments;
• Strong time management and organizational skills, with the capability to manage multiple competing priorities with minimal direction and deal with change with a positive attitude;
• Pro-active, high energy and strong interpersonal skills with a team-focused attitude, demonstrating the ability to collaborate and compromise while building effective relationships;
• Strong leadership skills & people management skills;
• Sound judgment and ability to make decisions;
• Ability to professionally and competently represent the internal audit department when interacting with all levels of company staff;
• Technology and computer skills, with the ability to effectively use Microsoft Office (Word, Excel, Outlook, Powerpoint);
• Strong business and financial acumen

© 2021 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq : _SIVB_ ).

• Equal Employment Opportunity

Silicon Valley Bank is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices.

Silicon Valley Bank is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.