BNY Mellon | Senior Vice President, Audit Leader, Technology, Data & Model Audit

Responsibilities

• This role is located in Pune, India.In this role, you’ll make an impact in the following ways: Performing high quality, risk-focused audit testing, in accordance with Internal Audit policies, methodologies, and standards to identify meaningful issues, risks and other exposures related to model risk management across the first and second lines of defense.
• Ensure testing (or other tasks as applicable to a specialty) is adequately thorough and accurate to allow an evaluation of the adherence to company policies and procedures, audit methodologies, and all applicable regulations.
• Identify existing and emerging risk/ control themes.
• Prepare audit reports and follow-up of audit actions to ensure corrective actions have been appropriately implemented.
• Work on projects of great complexity that involve significant understanding of the regulatory requirements, business models and processes for each assignment.
• Maintain up-to-date knowledge of industry best practices and regulatory requirements.
• Test model development and model validation processes and controls as per the Supervisory Guidance on Model Risk Management and the Bank’s Model Risk Management policies, standards, and procedures.
• Operate as a team member or independently with responsibility for specific procedures and results (i.e., audit project lead or model auditor).

Requirements

• Advanced degree (Master’s or PhD) in Mathematics, Statistics, Physics, Economics, Financial Engineering, Computer Science or other quantitative fields (PhD is preferred).
• Knowledge of the global financial regulatory landscape and expectations for model risk management (e.

BNY (The Bank of New York Mellon)

BNY is a global financial services company focused on custody and asset servicing, treasury services, and wealth and investment management. Its history goes back to 1784, when Alexander Hamilton helped found the Bank of New York.

BNY's Indian centres hire finance professionals for fund accounting, fund reporting, reconciliations, corporate finance and controls roles.

• Industry: Custody, asset servicing and wealth & investment management
• Headquarters: New York, USA
• In India: Large operations and technology centres in Pune and Chennai