Vice President, Specialist, Model & Data Risk, Audit Greater Mumbai, India Area

The Company is seeking a VP, Specialist in Model and Data Risk for Audit. The successful candidate will be part of a team that conducts independent checks to ensure the adequacy and effectiveness of the company's risk and control processes. This role requires a high level of subject matter expertise in Treasury and markets, market risk, liquidity risk, and capital adequacy. The VP will be responsible for leading end-to-end risk-based internal audits in these areas, as well as evaluating the governance of quantitative models used for various financial functions. Additionally, the role involves assessing regulatory alignment, particularly with Reserve Bank of India guidelines and Basel III frameworks, and engaging with key stakeholders to communicate audit findings and track remediation plans. Applicants must have a Bachelor's degree in a related discipline, with a Master's degree preferred, and hold relevant certifications such as Chartered Accountant, CFA, FRM, or CQF. A minimum of 10 years' of experience in internal audit, specifically in Treasury and Markets and Risk Functions, is required, with a strong preference for those with a background in market and liquidity risk audit. The role demands advanced risk competency, including hands-on experience in model risk management and auditing AI or generative AI risk governance. The ideal candidate will also have a proven track record in data-driven audit innovation, leveraging modern data analytics tools to enhance the audit process.

Hiring Company

DBS Bank