Vice President, Specialist, Model and Data Risk, Audit

DBS Bank Ltd; Mumbai; Sur place; INR 3 500 000 - 7 000 000; Plein temps

Résumé du poste

DBS Bank Ltd. is seeking an experienced Audit professional to lead end-to-end risk-based internal audits focused on Treasury operations, ALM, Market Risk, and Liquidity Risk frameworks in Mumbai.

The role emphasizes model risk management, data analytics, and governance of AI/GenAI deployments within banking use cases. Candidate should drive regulatory alignment with RBI guidelines and Basel III, collaborating with CROs and treasury leadership to deliver actionable remediation plans and sustained

Qualifications

• Bachelor's or higher in Banking/Finance or related discipline; Master's preferred.
• CA/CFA/FRM/CQF certifications preferred.
• Deep domain expertise in Treasury risk, market risk, liquidity frameworks, and financial markets products.
• Hands-on experience in Model Risk Management or auditing algorithmic/machine learning models.
• Experience auditing Treasury & Markets and Risk Functions audits (10+ years).

Responsabilités

• Lead end-to-end risk-based internal audits covering Treasury operations, ALM, Market Risk, and Liquidity Risk frameworks.
• Evaluate conceptual soundness, performance monitoring, and governance of quantitative models used for pricing, valuation, credit risk, and capital forecasting.
• Review AI or GenAI risk governance, data lineage, and governance of RAG architectures deployed across banking use cases.
• Communicate audit findings, negotiate remediation plans, and track issues to closure with CROs and Treasury heads.

Connaissances

Treasury risk

Market risk management

Liquidity risk

Model Risk Management

AI governance

Data analytics

Formation

Bachelor's degree in Banking/Finance or related

Master's degree preferred

CA/CFA/FRM/CQF preferred

Outils

Python

SQL

R

Description du poste

Business FunctionGroup Audit helps the Board and Executive Management meet the strategic and operational objectives of the DBS Group. We conduct independent checks to ensure that the Group’s risk and control processes are adequate and effective. All our team members are highly sought-after professionals who work as trusted advisors to our clients, in all matters related to a company’s internal controls.In this function, we look after a portfolio made up of Treasury & Markets business, Risk functions (including Market, Liquidity and Operational risk management) audit coverage.Skills, responsibilities and Requirements: Subject matter expertise in the areas of Treasury and markets/ Market Risk/ Liquidity risk/Capital Adequacy:Audit Oversight & Execution: Lead end-to-end risk-based internal audits covering Treasury operations, Asset-Liability Management (ALM), Market Risk (VaR, stress testing, interest rate risk), and Liquidity Risk frameworks (LCR, NSFR).Model Risk & Advanced Analytics Audit: Evaluate the conceptual soundness, performance monitoring, and governance of quantitative models used for pricing, valuation, credit risk, and capital forecasting.AI & GenAI Governance & Risk Assurance: Review controls, bias mitigation, data lineage, prompt engineering governance, and retrieval-augmented generation (RAG) architectures deployed across banking use cases.Regulatory Alignment: Assess adherence to Reserve Bank of India (RBI) guidelines, Basel III frameworks, and evolving supervisory expectations regarding risk management, model validation, and automated decision-making systems.Stakeholder Engagement: Partner with Chief Risk Officers (CROs), Treasury heads, and model development teams to communicate audit findings, negotiate practical remediation plans, and track issues to closure.Data-Driven Audit Innovation: Leverage modern data analytics tools (Python, SQL, R) to execute continuous auditing, test large datasets within core banking systems, and automate audit workflows.Qualifications:Bachelor's/University degree (Banking/Finance Management or in any other related discipline), Master's degree preferredChartered Accountant and related certifications (CFA, FRM or CQF) preferredCore Domain Expertise: Deep technical understanding of Treasury risk, market risk management, liquidity frameworks, and financial markets products. Experience auditing financial markets/trading desks is a strong advantage.Advanced Risk Competency: Demonstrable hands-on experience in Model Risk Management (MRM) or auditing algorithmic/machine learning models. Direct involvement in reviewing AI or Generative AI risk governance, model validation, or data risk is a mandatory key requirement.Experience: above 10 years’ relevant experience within Internal Audit (IA) in conducting Treasury & Markets and Risk Functions audits (preferably in Market and Liquidity risk audit domain).Location:MumbaiJob:AuditSchedule:RegularEmployee Status:Full time