About Us
SolomonEdwardsGroup, LLC ("SolomonEdwards") is a full-service professional services firm offering financial, operational, and technology consulting and operations support. We work with some of the world's most prominent companies to help them envision and achieve a better future. We know that our consulting services are only as meaningful as the people and talent behind them, and we are committed to recruiting incredibly talented, committed, and collaborative individuals who can help us deliver exceptional client service. For more information, visit SolomonEdwards
Position Summary:
We are seeking a Lead Credit Risk and Model Risk Consultant to join a major North American financial institution with a broad global footprint. This role will focus on supporting audit and risk review activities by assessing model governance, compliance, and control environments. The consultant will serve as a strategic advisor and subject matter expert across complex modeling frameworks and regulatory requirements.
Essential Duties:
· Lead end-to-end audit engagements, including planning, fieldwork, reporting, continuous monitoring, and tracking of remediation efforts.
· Promote awareness of model risk management principles and act as a thought leader within Internal Audit.
· Oversee team delivery against audit commitments, monitor resourcing, and manage timelines to meet senior management expectations.
· Develop and contribute to the annual audit plan, ensuring comprehensive coverage of model-related risks and priority areas.
· Ensure all work adheres to established audit standards and methodologies.
· Serve as a trusted advisor to management and audit leadership by applying deep knowledge of the Bank's model risk framework, regulatory requirements, and emerging industry practices.
· Coordinate responses to ad-hoc regulatory and stakeholder requests.
· Foster a positive and inclusive work culture, support staff development, and champion engagement and diversity initiatives.
Qualifications:
· Advanced academic background in finance, mathematics, statistics, economics, financial engineering, computer science, or a related discipline.
· Strong expertise in modeling concepts, model risk management, and risk domains such as credit, market, liquidity, interest rate, AML, and financial crimes.
· Ability to critically evaluate and challenge model risk issues, including conceptual soundness, assumptions, and intended use.
· Knowledge of financial instruments and portfolios, including credit, valuation, liquidity, and interest rate risk, as well as regulatory and reporting standards (CAR, CECL, FRTB, Stress Testing).
· Proficiency in programming and data analysis (e.g., SAS, Python).
· Excellent communication skills, with the ability to distill complex quantitative issues for senior audiences.
· Familiarity with model risk regulations, capital adequacy frameworks, and evolving practices such as ESG and AI/ML.
Skills and Job-Specific Competencies:
· Proven leadership experience, with a track record of managing and motivating diverse, high-performing teams.
· Strong collaboration skills and the ability to influence and engage stakeholders across multiple levels of the organization.
· Resilient under pressure, with strong prioritization and organizational skills to manage multiple high-stakes projects.
· Prior experience with risk management processes across multiple risk stripes (credit, market, liquidity, AML, etc.) is an asset.
Travel Requirements: No travel will be required, unless at the client's discretion.
Physical Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be provided to qualified applicants or candidates with disabilities upon request to enable them to perform essential functions. This role may require mobility to attend in-person meetings, sitting or standing for extended periods, and the use of telephones, computers, or other electronic communication devices.
Salary Range: SolomonEdwards values your unique and individual experience and background. As such, we take a comprehensive approach when determining compensation for our roles. The compensation for this specific role is based on a wide range of factors, including but not limited to education, licensure and certifications, location, experience, and training. A reasonable estimate for the current hourly range for this role is $50 - 75.
Benefits: We are committed to providing health and financial stability by offering a comprehensive suite of benefits. Benefits include access to top-tier employers and job opportunities, health insurance, sick leave, and 401(k).
Inclusion and Diversity Statement: SolomonEdwards is an Equal Opportunity/Affirmative Action employer. We firmly believe in fostering an inclusive and diverse workplace environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, veteran status, or any other characteristic protected by applicable laws. All employees, including managers and supervisors, are responsible for upholding our EEO and diversity principles. Discrimination or harassment of any kind will not be tolerated.
We value the contribution and wisdom of the team. At SolomonEdwards, we have built a vibrant and inclusive community. Our team members are curious, committed, and diverse. In keeping with our mission to build value through people, we cultivate a culture where differences are celebrated, and all members are treated fairly and equitably. Employees, business partners, and our extended stakeholder family are empowered to share their experiences, ideas, and perspectives and to be their whole selves.
Privacy: We adhere to the California Consumer Privacy Act (CCPA). Your privacy is important to us, and we never sell your data to third parties. Personal information is only collected to match applicants with job opportunities. Copy/paste this URL to learn more about your rights: SolomonEdwards' Privacy Policy.
Our Recruiter Promise: Our talent acquisition team prioritizes integrity, professionalism, and transparency in every interaction. When you engage with SolomonEdwards, you can trust a respectful, secure experience from verified contacts. Copy/paste this URL to learn more about how we protect your candidate experience: Recruiter Promise.
Place of Work
Remote
Requisition ID
3
Job Type
Contract
Application Email
[email protected]
