Audit Manager - Lending Models & Data Analytics

About the role

KCB Bank Kenya is looking for an Audit Manager who will lead risk-based audits and model reviews within Internal Audit. The role covers lending models, model risk governance and the use of data science and advanced analytics to strengthen assurance on governance, risk management and internal controls.

Key responsibilities

• Determine the internal audit scope for assigned areas and develop risk-based audit plans aligned with the Bank's strategy, risk profile and Internal Audit methodology.
• Execute risk-based audits and give independent assurance on governance, risk management and internal controls, including compliance with policies, regulations and legislation.
• Review lending models across the Bank, assessing design, methodology, assumptions, data, implementation, validation, performance monitoring and fitness for purpose.
• Assess model risk governance, including identification, ownership, development, validation, approval, change management and management of model limitations.
• Test and challenge models using quantitative and data science techniques such as back-testing, benchmarking, sensitivity analysis, stability testing and calibration.
• Use advanced data analytics to interrogate large datasets, find anomalies and emerging risks, and assess control effectiveness.
• Evaluate the quality, completeness, accuracy and lineage of data used in models and business processes.
• Communicate clear, evidence-based findings and recommendations, and advise stakeholders on risk, controls, governance, model risk and data matters while protecting Internal Audit's independence.
• Stay up to date on banking, regulation, model risk, data science and AI, and help build Internal Audit's model-review and data-analytics capability.

Required profile

• Bachelor's degree in Business, Computer Science, Economics, Statistics, Actuarial Science, Data Science, Mathematics or an equivalent combination of education and experience.
• 4 years of hands-on experience in lending model development, validation, independent model review or quantitative risk analytics.
• 2 years of relevant audit experience; 3 years of data science/advanced analytics experience; 3 years in banking or financial services or auditing financial institutions; 2 years of stakeholder management.
• Professional qualification in Accounting, Finance, Internal Audit, Risk or Data Science, e.g. CPA(K), ACCA, CISA, CIA, FRM or equivalent (added advantage: Master's in Statistics, Actuarial Science, Data Science or MBA).

Required skills

• SQL, R and Python
• Supervised and unsupervised machine learning techniques
• Data science and advanced analytics