Senior Auditor

Job Title: Senior Auditor – Risk Audit
Department: Risk Audit
Location: Mumbai
Industry: Banking / NBFC
Employment Type: Full-time
Role Overview:
We are seeking a highly skilled and motivated professional to join our Risk Audit team as a Senior Manager/ Manager. The role involves conducting audits across key risk verticals, with a focus on credit risk governance, model risk, and regulatory compliance. The ideal candidate will bring deep domain expertise in risk management or risk audit functions within a Bank or NBFC.
Key Responsibilities:
Lead and execute audits in the areas of:
- Credit Risk Governance
- Expected Credit Loss (ECL) frameworks
- Internal Rating Based (IRB) Approach
- Borrower Rating Models
- Credit Risk Assessment and Monitoring Models
- Market Risk Models
- Asset-Liability Management (ALM) Behavioural Models
- AI/ML Models used in Risk Management
Evaluate model development, validation, and governance practices.
Assess compliance with internal policies and regulatory guidelines (RBI, Basel norms).
Prepare detailed audit reports with actionable insights and risk mitigation recommendations.
Collaborate with stakeholders across Risk, Compliance, and Business teams.
Candidate Profile:
Strong experience in Risk Management or Risk Audit functions in a Bank or NBFC.
Strong understanding of credit and market risk concepts, model risk governance, and regulatory frameworks.
Exposure to model validation, stress testing, and risk analytics is preferred.
Familiarity with RBI guidelines, Basel III norms, and ICAAP processes.
Excellent analytical, communication, and report-writing skills.
Ability to work independently and manage multiple audits simultaneously.
Preferred Qualifications:
Certifications such as CA, FRM, CFA, or PRM will be an added advantage.
Postgraduate in Finance, Risk Management, Statistics, or related field.

Work arrangement
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