Model Audit:Wholesale Credit Analyst

Role & responsibilities

The role of Auditor involves:

• Review and assess themodelgovernance, development, validation, documentation, and implementation to evaluate the effectiveness of the scoring, economic capital, and ratingmodelsusing statistical, machine learning techniques.
• Drafting of detailedauditreports with assessment details, preparation of supporting workpapers, clearly documenting the observations noted with implications and recommending corrective actions to auditee.
• Review and assess themodelgovernance, development, validation, documentation, and implementation to evaluate the effectiveness of the scoring, economic capital, rating and othermodelsusing statistical, machine learning techniques.
• Automateaudittesting by utilizing a variety ofmodeling, data analysis, and programming tools.
• Identifies anomalies, trends, and risks by analyzing large, complex data sets.
• Ability to evaluatemodelsacross multiple functional domains, such as wholesale, retail, fraud, etc.
• Proficiency with Python/R, SQL Server, SAS, Excel, JIRA, Bitbucket.
• Opportunity to contribute to one or more areas ofauditcovering risk function likeauditof Credit Risk, Market Risk, Operational Risk, Pillar II, ICAAP, ERM, Fraud Risk as per RBI guidelines.

Preferred candidate profile

• A master's degree in Statistics, Mathematics, or related fields.
• 7 - 12 years of experience in the financial services industry, preferably withmodeldevelopment, validation,modelriskaudit, data analytics. Understanding of Risk Management processes like Market, Credit , Operational, ALM, Capital adequacy, Fraud is good to have but not essential.