Model Risk Auditor Role for a Leading Bank

7 days ago


Kolkata, India Skillventory Full time

**Model Risk Auditor role For a Leading Bank**:

- From 9 to 14 year(s) of experience
- ₹ Not Disclosed by Recruiter
- Kolkata, Mumbai, Hyderabad/Secunderabad, Chennai, Bangalore/Bengaluruor

**Roles and Responsibilities**

**Role & Responsibilities**:
Model Risk specialist, in close collaboration with Risk Audit team members will execute audits

and other model risk audit related activities to ensure efficient and high quality audit execution

for critical models in use at the Bank.

The internal audit role would include the following as part of the day-to-day job:
Audit of model development and validation process within the Bank.

Updating risk and control matrix and checklist for audits being undertaken.

Undertaking detailed walkthrough of the processes being audited and develop data

request for the audit.

Updating of internal audit MIS with the status of audit observations and other

actionable emanating to the audit department.

Provide necessary support in automating tests used in audit execution for achieving

Continuous Control Monitoring (CCM).

**Key Requirements**:
Knowledge of SR 11-7 guidelines and its implementation for the model governance.

Experience in development and validation of statistical models in use across banks, primarily for

the purpose of Credit underwriting and measurement & management of Credit Risk, Market & ALM Risk, ICAAP & Stress testing etc.

Previous work experience in Risk Analytics or Model Risk team of a bank or Risk advisory team of

leading consulting firm with majority of time allocated on developing or validating statistical/econometric models.

Proficiency in statistical modelling software ‘R’, Python, SAS & SQL is an added advantage.

related quantitative field. Proven experience in Risk Modelling/Model validation and proficiency with statistical modelling software (‘R’ & SAS) is desired.
- Role:_Other
- Salary:_ Not Disclosed by Recruiter
- Industry:_Banking
- Department:_Other
- Role Category:_Other
- Employment Type:_Full Time, Permanent
- Key Skills- Risk ModellingInternal AuditRSASRisk AuditModel RiskRisk AnalyticsStatistical ModellingEducation
- UG:_B.Tech/B.E. in Any Specialization,B.Sc in Any Specialization,BCA in Any Specialization

**Company Profile**:
SKILLVENTORY
- A Leading RPO.- Recruiter Name:_Anshika Suneriya
- Contact Company:_SKILLVENTORY
- Telephone:_
+91-XXXXXXXXXX


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