Responsibilities

• Being a contributor to the audit life cycle from planning to testing, reporting and closure of recommendation under the guidance of the Head of Mission/Senior Auditors, he assists audit management in execution of Audit plan. The audit work performed should comply with prescribed quality and timelines. Shared services missions may involve onshore travel.
• The Auditor should be able to provide sufficienet interventions and autonomously missions focus on:
• methodologies for calculating capital requirements for Basel models 2 through IRBA processes
• the models for the granting of consumer credit used in retail banking.
• the valuation models of accounting provisions in accordance with IFRS 9
• the methodologies used for risk management,
• models for the valuation of derivatives used in corporate and investment banking,
• liquidity and IRBB models used in ALM,
• Actuarial models used in insurance
• Interact with various lines of business and control functions to understand relevant aspects of model development, validation, governance, and use.




• Evaluate model documentation / validation reports and document results
• Conduct Internal control reviews on behalf of the corporation to identify financial risks, controls to mitigate the risks and assess the control setting of each significant business process.
• Assess the remediation of regulator and audit identified issues
• Responsible for working independently on complex model audit
• Assess inherent, control and residual risks with expertise in modeling practices, techniques, and validation processes as well as risk management strategies and data analytics.
• Maintains clear work papers and audit trail of the work done in the audit workflow tool, in accordance with the prescribed methodology.
• Makes appropriate recommendations to improve SG processes.
• Follow-up recommendations issued timely and escalate when needed.
• Develop stakeholder management skills as a part of Continuous audit monitor

📌 Auditor - Business Audit (Credit Model Audit) (Chennai)
🏢 Societe Generale Global Solution Centre
📍 Chennai