DVP - Model Risk Auditor & Data Analytics Lead

TransUnion's Job Applicant Privacy Notice Team Overview We are India’s leading credit information company and have established ourselves as a key anchor in the credit ecosystem of the country over the past 25 years. As an information and analytics provider, we aim to bridge the gap between stakeholders across multiple ecosystems. We use information for good by analyzing credit information to generate solutions for institutions and consumers. Our solutions facilitate easy access to credit for consumers and provide valuable insights to lenders when evaluating potential borrowers. We are in the business of building trust between organizations and consumers. It is our core belief that trust can help organizations and consumers transact with ease and help them achieve great things. We are committed to not just being an equal opportunity employer but also actively cultivating a culture of inclusion and belonging. We celebrate and respect the unique backgrounds and experiences that every individual brings to our team. Applicants are evaluated based on job qualification - not race, color, sex / gender, religion, caste, national origin, age, disability, marital status, citizenship status, sexual orientation, gender identity or any other status. We are committed to taking affirmative action to employ and advance minorities, women, and qualified disabled individuals. We ensure a safe, productive, and harassment-free workplace for all. Provision of Reasonable Accommodations We are committed to providing reasonable accommodation for individuals with disabilities throughout the application and employment process. Please contact us to discuss any accommodation you may need. Culture and Values Our culture is welcoming, energetic, innovative, and deeply committed to fostering an environment of belonging, where diverse perspectives and backgrounds are valued. There’s an overall synergy that flows throughout the company, creating a sense of connect, belonging and unity in knowing that we’re all working to achieve the same overall goal. Our core values which we live by every day are integrity, People, Customer, and Innovation. https://www.transunion.com/privacy/global-job-applicant What is excitement and passion for us? We define it as a blend of curiosity, ability to unlearn and yet continuously learn, able to connect with meaning and finally the drive to execute ideas till the last mile is achieved. This passion helps us focus on continuous improvement, creative problem solving and collaboration which ensures delivery excellence. Dynamics of the Role The Internal Audit and Advisory (IAA) team is an independent and objective assurance function, performing consulting activity to add value to improve the operations of TU. IAA assists the organization in accomplishing its objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of the organization's risk management, control, and governance processes. IAA provides assurance services regarding internal control systems to TransUnion CIBIL management and the Audit and Risk Committee. Our team brings a systematic, disciplined approach to auditing financial reporting controls, operational processes, IT and IT security and compliance to laws and regulations. We are looking for an DVP - Model Risk Auditor and Data Analytics Lead to join the Internal Audit & Advisory Department, who will be responsible for auditing/reviewing all aspects of Model Risk Management from model risk governance and control, independent model validation to model performance monitoring. Selected candidate will be responsible for auditing/reviewing model life cycle and measure the effectiveness, accuracy, and adequacy of the Models. In addition to it, selected candidate will be expected to perform complex data research and analysis to support internal audits by designing and executing on data and analytic regarding audit procedures including creating processes, reporting, and data analysis methodologies to identify trends in large data sets. In addition, the position focuses on providing thought leadership and technical expertise across multiple disciplines to internal audit stakeholders and is recognized internally as “the go-to person” for the most complex data & analytics assignments. This job is assigned as On-Site Essential and requires in- person work at an assigned TU office location as a condition of employment. Role Overview And Core Responsibilities • Lead planning, execution and reporting of internal audits related to model risk management and data analysis for senior management and regulators. Prepares analytics to summarize audit results to inform decision making and evaluation of audit conclusions. • Establishes and drives innovative analytical audit processes leveraging technology to maximize benefits from traditional audits and replace manually intensive control testing. • Analyzes large complex data sets, identify anomalies/trends/risks, and provide usable business insights. • Sources and uses data analysis tools to automate audit testing. Develops techniques that support our established continuous auditing methodology. • Identify critical areas for continuous monitoring, both from a Concurrent Audit perspective, and develop the necessary reports for monitoring. • Makes, or assists in making, oral or written presentations to management throughout each engagement, discusses deficiencies, recommends corrective actions, and suggests best practice improvements. • Review and test the model governance, development, implementation, validation to evaluate efficacy of generic scoring models built by TUCIBIL using statistical, ML and mathematical concepts. • Identify and assess the model risks, controls, and issues and highlight gaps and recommendations for improvement. • Evaluate compliance with applicable company policies and procedures and regulatory standards and best practices. • Communicate the audit findings and recommendations to