Senior Auditor
HDFC Bank · Posted Oct 5
Commercial banking, retail banking, credit card, loan, and treasury services
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About the role
The Risk Audit Department at HDFC Bank conducts audits across key risk verticals within the banking and NBFC domain, with a focus on credit risk governance, model risk, and regulatory compliance. The team evaluates model development, validation, and governance practices, and assesses adherence to internal policies and RBI and Basel norms. This Senior Manager/Manager role leads and executes audits covering credit risk, market risk, ALM behavioural models, and AI/ML models used in risk management, and prepares detailed audit reports for stakeholders across Risk, Compliance, and Business teams.
What you will do
- Lead and execute audits in the areas of:
- Credit Risk Governance
- Expected Credit Loss (ECL) frameworks
- Internal Rating Based (IRB) Approach
- Borrower Rating Models
- Credit Risk Assessment and Monitoring Models
- Market Risk Models
- Asset-Liability Management (ALM) Behavioural Models
- AI/ML Models used in Risk Management
- Evaluate model development, validation, and governance practices.
- Assess compliance with internal policies and regulatory guidelines (RBI, Basel norms).
- Prepare detailed audit reports with actionable insights and risk mitigation recommendations.
- Collaborate with stakeholders across Risk, Compliance, and Business teams.
Skills used in this role
What the employer is looking for
- Strong experience in Risk Management or Risk Audit functions in a Bank or NBFC.
- Strong understanding of credit and market risk concepts, model risk governance, and regulatory frameworks.
- Exposure to model validation, stress testing, and risk analytics is preferred.
- Familiarity with RBI guidelines, Basel III norms, and ICAAP processes.
- Excellent analytical, communication, and report-writing skills.
- Ability to work independently and manage multiple audits simultaneously.
Preferred qualifications
- Certifications such as CA, FRM, CFA, or PRM will be an added advantage.
- Postgraduate in Finance, Risk Management, Statistics, or related field.
Benefits and support
- Compensation and benefits are detailed in the job posting
About HDFC Bank
HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It is India's largest private sector bank by assets and market capitalization, offering a wide range of financial products including retail banking, wholesale banking, and treasury operations.
- Industry
- Banking
- Company size
- 211535 employees
- Founded
- August 1994
- Location
- Mumbai, Maharashtra, India
- Funding stage
- Public Company
Leadership
Sashidhar Jagdishan
Managing Director and Chief Executive Officer
Srinivasan Vaidyanathan
Chief Financial Officer
Ramesh Lakshminarayanan
Chief Information Officer
Vibhash Naik
Chief Human Resources Officer
Recent coverage
Businessworld
HDFC Bank May See Nine Senior Executives Reach Retirement Age By 2030October 6, 2026
Stock Titan
HDFC Bank Limited Reports Period-End Advances and Deposits for September 2026October 5, 2026
GlobeNewswire
HDFC Bank Shares Fall on Legal and Regulatory Scrutiny UpdatesOctober 7, 2026