Quant Audit Manager
Company: Truist Bank
Location: Charlotte
Posted on: April 1, 2026
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Job Description:
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accommodation. Send an email to Accessibility (accommodation
requests only; other inquiries won't receive a response). Regular
or Temporary: Regular Language Fluency: English (Required) Work
Shift: 1st shift (United States of America) Please review the
following job description: The Quantitative Audit Manager (QAM) is
responsible for the delivery of complex technical audit assessments
related to the identification and mitigation of risk associated
with both financial and non-financial models and other quantitative
tools implemented across Truist. The QAM will also proactively
coach junior team members by providing candid and constructive
feedback and technical insights. ESSENTIAL DUTIES AND
RESPONSIBILITIES Following is a summary of the essential functions
for this job. Other duties may be performed, both major and minor,
which are not mentioned below. Specific activities may change from
time to time. 1. Lead the execution of technical model validation
reviews completed by the Truist Model Risk Management Risk
Management Technical Review Team. Work will consist of: a.
Performing full or targeted scope validation assessments. b.
Reviewing validations to ensure TAS concurs with the conclusions
made by the Model Risk Management Team (MRM) within Truist. c.
Assessing methodology, implementation, and the fit for use status
of models. d. Reviewing various other components of models given
the model’s expected use and the scope of the Audit project. 2. In
coordination with the more experienced Model Quantitative Auditors,
maintain relationships with Model Risk Management, Model
Development, and Model Owners throughout the first and second lines
of defense. 3. In coordination with the more experienced Model
Quantitative Auditors, contribute to improving Truist model risk
management by: a. Recommending improvements to model risk
management systems and processes. b. Being knowledgeable of the
organization, operations, policies, and procedures related to the
use and management of models. c. Providing feedback to management
on the implementation of new model systems and related processes,
and changes to existing model systems, standards, and procedures.
4. Develop and maintain specialization and expertise in complex
modeling concepts as well as developing knowledge of auditing
concepts and risk management practices, and pursuing continuing
education and possible additional professional certifications, as
appropriate. 5. Collaborate with various audit delivery teams and
provide subject matter expertise for models used by the related
lines of business. 6. Maintain the requisite knowledge and
experience to assist audit delivery teams with evaluating Truist’s
adherence to SR 11-7 regulatory guidance on model risk governance
and oversight for various model types. 7. Provide leadership and
train/coach/mentor junior team members to enhance achievement of
goals and objectives. QUALIFICATIONS Required Qualifications: The
requirements listed below are representative of the knowledge,
skill and/or ability required. Reasonable accommodations may be
made to enable individuals with disabilities to perform the
essential functions. 1. Master’s in Mathematics, Statistics, Data
Science, Engineering, Computer Science or formal post undergraduate
certification with a focus on Quantitative or Financial Analytics.
2. 6 years of technical model experience, which could include
working on a model validation team, model development team or Audit
equivalent technical review team. 3. Demonstrated proficiency with
one or more financial modeling methodologies. This includes
knowledge of statistical and algorithmic methods applied in
financial modeling. 4. The ability to work independently without
supervision. 5. Strong knowledge of programming languages such as
R, Python, or C++. 6. Strong knowledge of one or more database
management tools such as SAS and/or SQL. 7. Strong analytical,
facilitation, interpersonal and decision-making skills. 8. Strong
written, oral, and negotiating skills, including the ability to
present findings and articulate and defend conclusions to senior
Audit and/or line of business management. 9. Strong proficiency of
standard software applications such as MS Office. Preferred
Qualifications: 1. Ph.D in Mathematics, Statistics, Data Science,
Engineering, Computer Science or other relevant degree 2. Technical
model experience with a large bank 3. General auditing skills 4.
Broad understanding of finance and accounting concepts and the
banking and financial services industry 5. Prior experience with
technical model reviews, knowledge of one or more financial
modeling methodologies which includes knowledge of statistical and
algorithmic methods applied in financial modeling, proficient
knowledge of programming languages such as R, Python, or C++, and
strong knowledge of database management tools such as SAS and or
SQL General Description of Available Benefits for Eligible
Employees of Truist Financial Corporation: All regular teammates
(not temporary or contingent workers) working 20 hours or more per
week are eligible for benefits, though eligibility for specific
benefits may be determined by the division of Truist offering the
position. Truist offers medical, dental, vision, life insurance,
disability, accidental death and dismemberment, tax-preferred
savings accounts, and a 401k plan to teammates. Teammates also
receive no less than 10 days of vacation (prorated based on date of
hire and by full-time or part-time status) during their first year
of employment, along with 10 sick days (also prorated), and paid
holidays. For more details on Truist’s generous benefit plans,
please visit our Benefits site . Depending on the position and
division, this job may also be eligible for Truist’s defined
benefit pension plan, restricted stock units, and/or a deferred
compensation plan. As you advance through the hiring process, you
will also learn more about the specific benefits available for any
non-temporary position for which you apply, based on full-time or
part-time status, position, and division of work. Truist is an
Equal Opportunity Employer that does not discriminate on the basis
of race, gender, color, religion, citizenship or national origin,
age, sexual orientation, gender identity, disability, veteran
status, or other classification protected by law. Truist is a Drug
Free Workplace. EEO is the Law E-Verify IER Right to Work
Keywords: Truist Bank, Rock Hill , Quant Audit Manager, Accounting, Auditing , Charlotte, South Carolina
