VP of Market Risk Audit

job
  • Michael Page
Job Summary
Location
Needham ,MA
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
01 Feb 2025
Share
Job Description
The VP of Market Risk Audit is responsible for leading and executing audits of the market risk management framework, processes, and controls within the organization. Assess the effectiveness of market risk identification, measurement, monitoring, and reporting practices while ensuring compliance with regulatory requirements and alignment with industry standards. Client Details Our client is a global Financial Services firm. Description The VP of Market Risk audit will lead risk-based audits of market risk management practices, including stress testing, VaR (Value at Risk), and limits management. Develop audit plans, scopes, and testing procedures to evaluate the adequacy and effectiveness of market risk controls. Build strong relationships with senior management and risk stakeholders. Provide independent insights and recommendations to improve risk management practices and enhance control frameworks. Monitor industry developments and emerging risks to maintain relevance in audit processes. Review workpapers and reports to ensure alignment with internal audit approach for cross-functional processes. Profile 7 years of audit experience in Market Risk audit Strong knowledge of regulations and risk management principles. Great communication skills to maintain open and effective communication with various stakeholders, including senior management, risk management teams, and regulatory authorities. CIA, CFA, CRP, or CFIRS certifications are preferred but not required. Job Offer Hybrid Flexibility - 60% WFH Pension Plan Health, dental, vision, and well-being benefits 401(k) savings and retirement plans Innovative flex time off policy Employee Assistance Program Parental benefits Apply today using the link provided and your resume will be considered within 24 hours. MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.