int(7390)
Mumbai, India

Senior Model Auditor – Investment Bank

Our client is a fastest growing leading international investment Bank. Due to continuous growth in the region, they are expanding their Mumbai team. Hence, they are looking to hire an individual who oversees the auditing of credit risk models who brings 6 to 12 years of experience working in international banks.

 

Please contact Sona Somanath or email your cv directly in word format with job reference number JO0000006341 to riskandquants-in@theedgepartnership.com.

 

Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days, we regret to inform you that your application for this position was unsuccessful.

Apply for this Job

Key responsibilities

  • Performing reviews and audit of models in various business areas, provide practical, innovative, and value-added solutions to issues identified.
  • Analyzing and assessing risks and barriers to delivery, assumed by both the business and support functions.
  • Evaluate and identify the effectiveness of controls designed to address those risks.
  • Prepare reports of audit findings in UBS senior management, monitor the results, risk profile and developments across GIA network and provide input for planning sessions.

Role requirements

  • Work experience relating to models focusing on audit, banking, consulting, risk, or the financial services industry, with the majority of the time allocated on developing or reviewing statistical / econometric modelling.
  • Solid understanding of risk and how controls can mitigate those risks while being commercial.
  • Experience in model risk assurance activities (internal/external audit, independent validation, or regulatory environment) and understanding of risk and/or pricing modelling in the financial industry is essential.
  • Strong statistical and analytical skills and keen to collaborate with data specialists to shape audit tests and acquire relevant insights from data.