Model Risk Auditor
Periodic independent challenge of the decisioning models behind instant credit.
Audits the scorecards and affordability models on a set cadence: population stability, drift, override rates, outcome disparities. Maintains the model inventory record in line with SR 11-7 expectations and escalates findings the model owner must answer before the next release.
Authority
Recommend for approval
Team role
Provides independent challenge
Handoffs
Named collaborators
The role
What it owns and where its authority ends
Desk
Personal & Unsecured Lending
Desk workflow
Application (often embedded at point of sale), then instant decision, then disbursement, then servicing. Decisioning runs on the real-time checkout path.
Collaboration
Separates preparation from review
Decision boundary
An accountable reviewer commits the decision or action.
Systems and capabilities involved
Stability + drift analysis
Model inventory record
Findings escalation
Handoffs
What this role gives and receives
Capabilities offered
The handoffs name the next owner or specialist and the work that moves between them.
Receives from
Context
What the role needs to do the work
- Current work
- The model under audit and its monitoring evidence.
- Prior interactions
- Prior audit findings and model-owner responses.
- Policies and reference
- Model risk policy, SR 11-7-aligned validation standards.
- Working method
- Not specified for this role.
Checks and boundaries
What must be tested or reviewed
- 01Audit cadence met for every model on the inventory.
- 02Findings carry an owner and a deadline; overdue findings escalate.
Human authority
An accountable reviewer commits the decision or action.
Keep exploring