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 senior management and stakeholders.
- Follow up and verify the resolution of audit issues and actions.
- Performs other related duties as assigned.
- Build collaborative working relationships with internal stakeholders (appropriate levels of management)
- Confidently lead meetings to discuss audit issues with management, ensuring their understanding of associated risks, root causes, and the actions needed to remediate.
- Maintain and update the knowledge of relevant regulations, standards, and best practices for model risk management.
- Operate autonomously and manage tasks at hand independently.
- Take ownership of the assigned tasks and interact with other IAA members in working towards departmental goals.
- Monitors ongoing remediation of deficient systems or processes and develops updates or modifications to recommendations and findings as needed.
Required Knowledge And Experiences
- 12+ years of experience in financial services industry experience, ideally in model risk governance, model risk audit, risk management and data analytics
- A master’s degree in Statistics, Mathematics, Data Analytics, or related fields from Tier 1 institutes.
- Certification of CFA, FRM (or actively working towards) or other similar certifications is an added advantage.
- Have worked in model development or model validation in the past
- Ability to review models from multiple functional areas – Consumer, Commercial, Microfinance, Fraud and Matching algorithms.
- Strong proficiency in tools and technologies like R, Python, Spark, SQL, Pyspark, Hive, Tableau, Alteryx, Microsoft Access, PowerPoint, Excel, and SharePoint.
- Familiar with data movement and file transfer methods and tools. Experience designing and evaluating data and analytical audit procedures to drive efficiency and insights to stakeholders.
- Experience in building/auditing with predictive modeling; exposure to risk scorecards will be an advantage.
- Demonstrated ability to understand complex technologies, business processes, regulations, and emerging risks.
- Self-starter with the ability to manage and prioritize responsibilities.
- Ability to work independently, handle ambiguous situations and exercise judgement in variety of situations.
- High degree of responsibility and ownership, strong multitasking, coordination and tenaciously looking for ways to get results.
- Team player with proven skills in influencing people without having direct management authority.
- Self-driven performer with established skills in tracking self and project performance, anticipating and recognizing problems and escalating issues appropriately.
- Strong ability to interact and communicate both written and verbally with people at all levels, both technical and non-technical, in a dynamic environment where interactions are not always in person.
- Strong risk analysis and problem-solving skills.
- Must be flexible to ensure assessments are performed timely and manage multiple assessments simultaneously.
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TransUnion Overview:
At TransUnion, we encourage and are committed to creating a real, positive impact and shared sense of purpose within our Workforce for Good, which empowers our people to grow, innovate and contribute to a better future for our communities and customers. We strive to build an environment where our associates are in the driver’s seat of their professional development— while having access to help along the way. We recognize that success comes when our associates thrive both professionally and personally; that’s why we prioritize work/life flexibility and offer resources for our teams across the globe to collaborate and drive excellence.
Be a part of our Workforce for Good – you’ll work with great people, pioneering products and cutting-edge technology.
TransUnion Job Title
Manager II, Audit and Advisory
