DBS Bank India | Vice President, Specialist, Model and Data Risk, Audit

Responsibilities

• 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.
• 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.
• Direct involvement in reviewing AI or Generative AI risk governance, model validation, or data risk is a mandatory key requirement.

Qualifications

• Bachelor's/University degree (Banking/Finance Management or in any other related discipline), Master's degree preferred.
• Core 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.
• 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).

DBS Bank India

DBS Bank India Limited is the Indian arm of DBS Group of Singapore, one of Asia's largest banks. DBS opened its first Indian office in Mumbai in 1994 and was among the first large foreign banks to operate in India as a wholly owned, locally incorporated subsidiary. After the amalgamation of Lakshmi Vilas Bank in November 2020, it serves customers through branches in around 19 states.

For finance professionals, DBS hires across consumer banking, institutional banking, treasury and markets, finance and controllership, risk, internal audit and compliance. CA, CFA and MBA (Finance) profiles suit its credit analysis, relationship management, regulatory reporting and audit roles.

• Industry: Banking
• Headquarters: Mumbai, India (parent: DBS Group, Singapore)
• In India: Branches across around 19 states, with large technology and operations hubs in Hyderabad and Chennai