About this role
Senior Vice President, Auditor
At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.
We’re seeking a future team member for the role of Senior Vice President, Auditor to join our Model Risk Audit Team within Internal Audit team. This role is located in Pune, India.
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 to identify meaningful issues, risks and other exposures related to model risk management across the first and second lines of defense.
- Test model development and model validation processes and controls as per the Supervisory Guidance on Model Risk Management and the Bank’s Model Risk Management policies, standards, and procedures.
- Operate as a team member or independently with responsibility for specific procedures and results (i.e., audit project lead or model auditor). Ensure testing (or other tasks as applicable to a specialty) is adequately thorough and accurate to allow an evaluation of the adherence to company policies and procedures, audit methodologies, and all applicable regulations.
- Identify existing and emerging risk/ control themes.
- Prepare audit reports and follow-up of audit actions to ensure corrective actions have been appropriately implemented.
- Learn new businesses, processes and regulations.
- Work with other audit team members to mentor, guide and collaborate.
- Work on projects of great complexity that involve significant understanding of the regulatory requirements, business models and processes for each assignment.
- Maintain up-to-date knowledge of industry best practices 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.
- Engage in Continuous Monitoring activities.
To be successful in this role, we’re seeking the following:
- Advanced degree (Master’s or PhD) in Mathematics, Statistics, Physics, Economics, Financial Engineering, Computer Science or other quantitative fields (PhD is preferred).
- Strong quantitative and analytical background coupled with strong theoretical foundation and good communication skills preferred.
- 10+ years of total work experience and/or academic research experience in model development, model validation, or model audit in risk areas such as Market Risk, Credit Risk, Interest Rate Risk, Liquidity Risk, Financial Crime Compliance, Artificial Intelligence / Machine Learning, stress testing, pricing and valuation, and capital planning.
- The position requires specialized skills (e.g. mathematical, statistical, quantitative, economic, and business knowledge and modeling experience).
- Knowledge of the global financial regulatory landscape and expectations for model risk management (e.g. SR 26-2, CCAR, CECL, RWA, BSA/AML, FSB Sound Practices for Responsible Adoption of Artificial Intelligence (AI), SR 11-7, PRA SS 1/23, ECB Guide to Internal Models, etc.)
- Proficient with programming languages used for model development and validation, such as Python, R, Matlab, C, etc.
- Additional core skill requirements include strong verbal and written communication and documentation, use of innovative analytics and AI, critical thinking and problem solving.
At BNY, our culture speaks for itself, check out the latest BNY news at:
BNY Newsroom
BNY LinkedIn
Here’s a few of our recent awards:
- America’s Most Innovative Companies, Fortune, 2025
- World’s Most Admired Companies, Fortune 2025
- “Most Just Companies”, Just Capital and CNBC, 2025
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.