Vice President, Auditor (Modeler)

Vice President, Auditor (Modeler)
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.    
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We're seeking a future team member for the role of VP, Auditor to join our Modeler team within internal Audit. This role is located in Pune/Chennai, Tamil Nadu/Maharashtra – Hybrid. 
Why You Should Join Us:
Innovation is Our Core: At BNY, we are pioneers in the auditing field. We leverage advanced data analytics, AI, and automation to redefine how auditing is done. Be at the forefront of change!
Make an Impact: Your analytical skills will directly influence our growth and success. You won't be a cog in the machine; you'll be a driving force behind our mission.
Learn and Grow: We're committed to your professional development. Expect ongoing learning opportunities, mentorship, and a dynamic work environment that encourages you to push your limits.
Collaborative Culture: Teamwork is at our core. Join a diverse group of individuals who collaborate, support, and inspire each other.

What We're Looking For:
Being client obsessed, sparking progress, owning it, staying curious, thriving together.

In this role, you'll make an impact in the following ways: 
Performing high quality, risk-focused audit testing, in accordance with Internal Audit policies, methodologies, and standards in order to identify meaningful issues, risks and other exposures related to model risk in Finance's Corporate Treasury functions, and Risk Management areas focusing on the Enterprise-wide management of Operational Risk, Market Risk, Credit Risk, Interest Rate Risk, Liquidity Risk, Financial Crime Compliance, and Artificial Intelligence / Machine Learning. 
Tests model development and model validation processes as per the Supervisory Guidance on Model Risk Management and the Bank's Model Risk Management policies, standards, and procedures. 
Prepare draft audit reports and follow-up of audit actions to ensure corrective actions have been appropriately implemented.
Learns new businesses, processes and regulations. 
Work with other audit team members to mentor, guide and collaborate.
Work on projects of great complexity that involves significant understanding of the regulatory requirements, business models and processes for each assignment.
Maintain up to date knowledge of industry best practice and regulatory requirements.
Carry out other ad-hoc tasks and projects as directed by audit senior management.
Represent Internal Audit on projects and at management meetings.

To be successful in this role, we're seeking the following: 
Advanced Degrees in Mathematics, Statistics, Economics, or other quantitative fields are required (PhD is preferred).
Strong quantitative and analytical background coupled with strong theoretical foundation and good communication skills preferred. 
3+ years working experience in model development, model validation, or model audit in the risk area such as Operational Risk, Market Risk, Credit Risk, Interest Rate Risk, Liquidity Risk, Financial Crime Compliance, Artificial Intelligence / Machine Learning, stress testing, and capital planning.
The position requires special skills (eg. mathematical, statistical, quantitative, economic, and business knowledge and modeling experience). 
Proficient with programming languages used for model development and validation, such as Matlab, R, C++, Python, etc. 

At BNY, our culture speaks for itself. Here's a few of our awards: 
America's Most Innovative Companies, Fortune, 2024
World's Most Admired Companies, Fortune 2024
Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
"Most Just Companies", Just Capital and CNBC, 2024
Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg's Gender Equality Index (GEI), 2023

Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. 
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.