Assistant Vice President - Risk Audit - Banking/Financial Services

Job location: [{"@type":"Place","address":{"@type":"PostalAddress","addressLocality":"Mumbai","addressCountry":"IN"}}] Work arrangement: Employment type: FULL_TIME Salary: "" Experience requirements: {"monthsOfExperience":72,"educational":{"credentialCategory":"bachelor degree"}} Education requirements: "" Key Responsibilities: - Execute end-to-end Risk Management audits across global teams. - Conduct process walkthroughs, identify risks and key controls. - Perform Design Effectiveness Testing (DET) and Operating Effectiveness Testing (OET). - Execute risk-based audits and issue validation. - Draft audit observations, remediation plans, and audit reports. - Support continuous auditing, risk assessments, and annual audit planning. - Work with stakeholders across regions on integrated audit assignments. - Utilize data analytics to identify control gaps and emerging risks. Required Skills: - 6+ years of experience in Internal Audit or Risk Audit within Banking/Financial Services. - Experience auditing Market Risk, Credit Risk, Operational Risk, or Model Risk functions. - Strong understanding of: 1. Risk Governance & Control Frameworks 2. End-to-End Audit Lifecycle 3. Risk-Based Auditing 4. Process Walkthroughs 5. Control Identification & Assessment 6. Design & Operating Effectiveness Testing (DET/OET) - Regulatory Knowledge: 1. Basel III 2. CRD IV 3. BCBS 239 (Risk Data Aggregation & Reporting) Preferred: - Understanding of financing and derivative products. - Exposure to SQL, Python, R, Tableau, QlikView/Qlik Sense, or other data analytics tools. - Experience in a global investment bank, Big 4, or consulting firm. - Professional qualifications such as CA, CPA, CIA, FRM, CFA, or a quantitative background are an advantage.