Assistant Vice President - Risk Audit - Banking/Financial Services

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.