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Axis Bank

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186 Axis Bank Jobs

AVP - Module audit - Market Risk

6-11 years

Mumbai Suburban, Navi Mumbai, Mumbai

1 vacancy

AVP - Module audit - Market Risk

Axis Bank

posted 1d ago

Job Description

About the Role

The candidate should have masters degree in Statistics, Econometrics, or a related quantitative field. Proven experience in Risk Modelling/Model validation and proficiency with statistical modelling software (R’ & SAS) is desired.

Key Responsibilities

  • Model Risk specialist, in close collaboration with Risk Audit team members will execute audits and other
  • model risk audit related activities to ensure efficient and high quality audit execution for critical models in use at the Bank.
  • The internal audit role would include the following as part of the day-to-day job:
  1. Audit of model development and validation process within the Bank.
  2. Updating risk and control matrix and checklist for audits being undertaken.
  3. Undertaking detailed walkthrough of the processes being audited and develop data request for the audit
  4. Updating of internal audit MIS with the status of audit observations and other actionable emanating to the audit department
  5. Assisting in making presentations to senior management and audit committee on the audits undertaken and performance of internal audits
  6. Provide necessary support in automating tests used in audit execution for achieving Continuous Control Monitoring (CCM)

Qualifications:

Optimal qualification for success on the job is:

  • Knowledge of SR 11-7 guidelines and its implementation for the model governance
  • Experience in development and validation of statistical models in use across banks, primarily for the purpose of Credit underwriting and measurement & management of Credit Risk, Market & ALM Risk, ICAAP & Stress testing etc.
  • Previous work experience in Risk Analytics or Model Risk team of a bank or Risk advisory team of leading consulting firm with majority of time allocated on developing or validating statistical/econometric models
  • Proficiency in statistical modeling software ‘R’, Python, SAS & SQL is an added advantage • Excellent written and verbal communication skills

Role Proficiencies:

For successful execution of the job, a candidate should possess the-

  • Knowledge of relevant Audit Systems
  • Good communication (both verbal & written) and inter-personal skills
  • Strong Excel and database manipulation skills, financial and statistical analysis skills)
  • Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment
  • Ability to prioritize and make decisions in a fast-paced environment
  • Ability to manage multiple tasks/projects and deadlines simultaneously


Employment Type: Full Time, Permanent

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Axis Bank Interview Questions & Tips

Prepare for Axis Bank Auditor roles with real interview advice

Top Axis Bank Auditor Interview Questions

Q1. You are Handling cash operations then how you manage operations with sales ?
Q2. How many joint holders we can process in an account in once ?
Q3. 1)How will you extend business of bank. 2) How will you pitch the customer. 3) What kind of loans are distributed in large no. now adays?
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What people at Axis Bank are saying

4.8
 Rating based on 5 Auditor reviews

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Atmosphere in axis

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Auditor salary at Axis Bank

reported by 17 employees
₹1.2 L/yr - ₹3 L/yr
54% less than the average Auditor Salary in India
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What Axis Bank employees are saying about work life

based on 25.6k employees
56%
46%
50%
99%
Strict timing
Monday to Saturday
Within city
Day Shift
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Axis Bank Benefits

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Health Insurance
Job Training
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Work From Home
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Free Transport +6 more
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Axis Bank Mumbai Office Location

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Mumbai Office
Axis Bank Limited, Corporate Office, Bombay Dyeing Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai - 400 025 Mumbai
400 025

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