Company

Financial Services

Business/OperationalAudit-AssistantVicePresident

₹35–55L ~AI est. India FULL TIME Remote Friendly
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid candidates.

The Brief

“Business / Operational Audit - Assistant Vice President. Skills: Model risk audit, Quantitative models, Risk management. Lead model risk audit engagements. Execute model risk audit engagements”

Industry & Context.

Financial Services
Problems you'll solve

Problem-solving; Critical thinking

What They're Looking For.

Must Have

Master's degree, 5+ years experience, Understanding of model risk management, Experience reviewing model code, Proficiency in Python or R, Analytical skills, Problem-solving skills, Critical thinking skills, Leadership experience, Project management abilities, English communication skills, Stakeholder management skills, Report-writing skills

Nice to Have

CFA certification, FRM certification

What You'll Do.

Lead model risk audit engagements

Execute model risk audit engagements

Review model documentation

Review validation results

Review implementation logic

Review ongoing monitoring

Assess control effectiveness

Assess model risk exposure

Conduct continuous monitoring

Identify systemic issues

Identify thematic risk patterns

Prepare audit reports

Summarize methodology

Summarize key findings

Summarize root causes

Summarize risk impacts

Review audit workpapers

Ensure compliance with standards

Communicate audit progress

Communicate remediation recommendations

Maintain relationships

Support risk governance

Support control execution

Coordinate global audit activities

Contribute to alignment

How You'll Work.

Team & Collaboration

Three lines of defense; Global audit activities; Cross-functional alignment

Communication Scope

Report writing; Stakeholder management

Process & Methodology

Project management

Full Job Description

## Accountabilities Lead and execute model risk audit engagements across financial, operational, treasury, market, liquidity, and financial crime risk domains, including AI and quantitative models. Plan and deliver audits aligned with internal risk-based audit methodologies, regulatory frameworks, and industry best practices (e.g., SR 11-7, ECB guidelines). Review model documentation, validation results, implementation logic, and ongoing monitoring to assess control effectiveness and model risk exposure. Conduct continuous monitoring of model risk trends and audit findings to identify systemic issues and thematic risk patterns. Prepare high-quality audit reports summarizing scope, methodology, key findings, root causes, and risk impacts for senior stakeholders. Review audit workpapers to ensure compliance with internal audit standards and methodological rigor. Communicate audit progress, issues, and remediation recommendations clearly to senior management and key stakeholders. Build and maintain strong relationships across the three lines of defense to support effective risk governance and control execution. Coordinate global audit activities and contribute to cross-functional alignment within the model risk audit function. Requirements: Master’s degree in quantitative finance, mathematics, statistics, economics, or a related analytical discipline. 5+ years of experience in model validation, model development, quantitative research, auditing, or risk analytics within financial services or consulting. Strong understanding of model risk management frameworks, regulatory standards, and financial products (credit, market, liquidity, derivatives, FX, etc.). Experience reviewing model code, assumptions, datasets, and performance testing to evaluate model integrity and control effectiveness. Proficiency in at least one programming language such as Python or R for quantitative analysis. Strong analytical, problem-solving, and critical thinking skills with the ability to syn

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