Business / Operational Audit - Assistant Vice President in India at Jobgether

This position is listed on behalf of a partner company, who manages all applications and next steps. Our partner is looking for a Business / Operational Audit – Assistant Vice President based in India.

This role sits at the intersection of audit, model risk, and quantitative analytics, focusing on the independent review of complex models used across financial risk, operational risk, financial crimes, and emerging AI applications. You will be responsible for leading end-to-end audit engagements, ensuring robust assessment of model governance, design, and performance across a global financial services environment. The position requires strong analytical depth and regulatory awareness, as well as the ability to translate complex technical model structures into clear audit insights. You will collaborate with senior stakeholders across multiple lines of defense while driving consistency in audit execution and reporting quality. This is a high-impact leadership role where your work directly strengthens risk control frameworks and regulatory compliance. It also offers exposure to diverse financial products and advanced quantitative methodologies in a highly regulated global setting.

• 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.

• 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 synthesize complex technical findings into clear insights.
• Proven leadership experience managing audit engagements or cross-functional projects in a global environment.
• Excellent communication, stakeholder management, and report-writing skills in English.
• Strong organizational and project management abilities in fast-paced, regulated environments.
• CFA and/or FRM certification is considered a strong advantage.

• Competitive compensation and comprehensive benefits package (varies by location).
• Hybrid work model offering flexibility between remote and office-based work.
• Exposure to global financial markets, complex instruments, and advanced model risk frameworks.
• Strong professional development programs and continuous learning opportunities.
• Inclusive, diverse, and collaborative work environment across global teams.
• Paid volunteer days and employee engagement programs supporting social responsibility initiatives.
• Access to internal mobility opportunities within a global financial organization.
• Robust health, insurance, and retirement savings plans (subject to local policies).