- Develop and maintain an in-depth technical knowledge of modeling – both theory and coding
- Critically review models including their conceptual soundness, documentation, code implementation accuracy and independent validation
- Conduct meetings with stakeholders including modelers and model validators
- Execute risk-focused audits of modeling and model risk management
- Engage in continuous monitoring of modeling and model risk areas
- Communicating modeling problems and issues to senior management
- Advanced Degree (preferably Masters) in a quantitative discipline (Math, Statistics, Economics, Physics, Engineering, Computer science)
- 2-5 years' experience in model development, independent model validation or model risk audit
- Model risk management knowledge, including model risk governance, model development, implementation, testing and change management, model validation
- Team-oriented with a strong sense of ownership and accountability
- Strong leadership, interpersonal and relationship management skills
- Strong verbal and written communication skills and presentation skills (PowerPoint, Visio, etc.)
- Highly motivated with the ability to multi-task and remain organized in a fast-paced environment
- Experience within the financial services industry is a plus.
- Knowledge of financial modeling concepts, including (any combination):
- Options pricing, credit default, structured products, econometrics, stress scenario creation
- Any combination of risk management disciplines: credit risk, market risk, operational risk, funding / liquidity risk
- Programming experience in quantitative and object
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Internal Audit-Associate-Quantitative Audit - Bengaluru / Bangalore - Goldman Sachs
Description
The objective of Internal Audit Model Risk team is to assess the robustness of the firm's model risk management framework, including the governance processes and associated controls related to model development and model validation activities. The team, which is a group of quantitative experts, is also charged with reviewing complex financial models utilized by the Firm as part of various audits with the objective to assess the robustness of the firm's model risk management framework. The diverse array of model types which the team reviews include models used for valuation of financial products, risk management, capital calculation, compliance, algorithmic trading, investment management and machine-learning models.
Job Description:
As a member of Internal Audit Model Risk team, the individual will be responsible for execution of audits related to model risk management through effective time management, in accordance with the internal audit methodology of the department. The team member will assist the project manager in executing the scope of the audit through walkthroughs and discussions with various modeling and model validation teams and discuss results of the audit with the firm's local and global management. Specifically,
Basic Qualifications:
Preferred Qualifications:
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Audit Officer
Only for registered members Bengaluru
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Audit Associate
Only for registered members Bengaluru, Karnataka
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Audit Associate
Only for registered members Bengaluru, Gurugram, Hyderabad
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Audit Associate
Only for registered members Bengaluru, Karnataka
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Associate-Audit
Only for registered members Bengaluru
-
Audit Associate
Only for registered members Bengaluru
-
Audit Associate
Only for registered members Bengaluru
-
Audit Associate
Only for registered members Bangalore, Karnataka, India
-
Audit Associate
Only for registered members Bangalore, Karnataka, India
-
Audit Associate
Only for registered members Bangalore, Karnataka, India
-
Audit Associate
Only for registered members Bangalore, Karnataka, India
-
Associate -Audit & Taxation
Only for registered members Bengaluru, Karnataka
-
IN-Associate –Internal Audit-Internal audit services_Advisory_Bangalore
Only for registered members Bengaluru
-
IT Audit
Only for registered members Bengaluru
-
IT Audit
Only for registered members Bengaluru, Kolkata, Pune
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Senior Audit Associate
Full time confidential- Bengaluru / Bangalore
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Senior Audit Associate
Only for registered members Bengaluru
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Associate - IT Audit (GRC)
Only for registered members Bengaluru, Chennai
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Senior Associate, Audit
Full time Only for registered members Bengaluru
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Internal Audit-Bengaluru-Associate-Technology Audit
Full time Only for registered members Bengaluru