W&A is partnering with a leading UK financial institution to appoint an Internal Audit Manager specialising in Model Risk on a 12-month fixed-term contract. This is an exciting opportunity to play a key role in providing independent assurance over one of the organisation's most strategically important risk areas. The role offers hybrid working, with flexibility across offices in Edinburgh, London, and Gloucester. The Opportunity This high-profile role sits within a respected internal audit function known for its collaborative culture and strong leadership. You'll lead complex, risk-based audits that assess the control environment around model risk management, ensuring that key processes - from data and model development through to validation and use - are effectively governed. You'll also have the chance to influence strategic thinking, shape the audit plan, and contribute to continuous improvement across the function. Key Responsibilities Lead large and complex audits, delivering high-quality work to agreed standards and timelines. Provide expert insight and challenge on model risk governance, controls, and regulatory requirements. Build trusted relationships with senior stakeholders, delivering clear and balanced assurance messages. Contribute to the development and execution of the annual audit plan. Support, mentor, and review the work of colleagues to uphold quality and consistency. What You'll Bring Proven experience leading assurance or audit work, ideally within financial services. Strong understanding of quantitative topics such as data analysis and statistics. Knowledge of, or appetite to learn about, model risk management practices and regulatory expectations. Familiarity with credit risk models (IRB and IFRS9), forecasting, or stress testing methodologies. Excellent communication, organisation, and stakeholder-management skills. Collaborative and analytical mindset with a focus on continuous improvement. Experience with SAS or Agile project methodologies would be advantageous. Package Benefits Competitive salary with comprehensive benefits. Hybrid and flexible working arrangements. Inclusive, supportive culture with strong professional development opportunities. Opportunity to work in a technically rich and high-profile risk area. Why This Role? Shape independent assurance in a business-critical risk discipline. Join a respected internal audit function with national reach and strong stakeholder visibility. Exposure to complex models and governance frameworks central to modern banking. A 12-month contract offering flexibility, learning, and the chance to make tangible impact. To learn more or apply, please contact Andrea Green for a private and confidential discussion. Alternatively, submit your CV and we'll be in touch.