Model Risk Audit Methodology Specialist (AI/GenAI)

Location: Budapest, Hungary; hybrid workplace

Company

hirify.global is an independent IT consulting and services company founded in 1999, supporting international clients across financial services, telecommunications, automotive, and energy.

What you will do

• Develop and enhance audit methodology, quality assurance guidance, templates, workpapers, and practitioner materials for Model Risk.
• Translate regulatory requirements, internal audit standards, and QA expectations into practical audit procedures and testing guidance.
• Develop audit test plans covering the design adequacy and operating effectiveness of Model Risk Management frameworks and controls.
• Create quality review checklists, sampling approaches, planning tools, and audit documentation standards.
• Develop guidance for GenAI-enabled and prompt-based approaches to audit testing and Model Risk assessments.
• Prepare training materials, facilitate training sessions, and coordinate with Audit, Business, Risk, QA, and Technology stakeholders.

Requirements

• At least 5 years of Model Risk experience within Internal Audit in the financial services industry.
• At least 4 years of experience developing Model Risk audit methodology, QA guidance, practitioner materials, training materials, or audit templates.
• Strong understanding of Model Risk Management, Model Validation, Internal Audit methodology, audit planning, risk assessment, and risk-based testing.
• Experience translating regulatory and Model Risk expectations into audit procedures, testing methodologies, sampling approaches, planning tools, and review documentation.
• Knowledge of financial services regulatory expectations, including FRB guidance and emerging AI governance principles.
• Strong written communication, facilitation, presentation, and cross-functional collaboration skills.

Nice to have

• Experience supporting Internal Audit, Quality Assurance, or regulatory remediation programs.
• Familiarity with AI and GenAI applications in audit testing, Model Risk assessment, or control evaluation.

Culture & Benefits

• Full-time hybrid work in Budapest.
• Continuous learning opportunities through diverse projects and exposure to current technologies.
• Open, transparent environment where new ideas and professional development are encouraged.
• AI tools may support parts of the hiring process, while final hiring decisions remain with people.