Operational Risk Senior Analyst

Overview

Join CBA's quantitative team in Bangalore as a Modelling and Analytics Senior Analyst within Risk Management, supporting the validation, maintenance and enhancement of key credit risk models and contributing to strategic modelling initiatives.

What you'll do

• Support the management of 700+ CBA models and AI use cases, delivering model risk reporting to committees and senior stakeholders and supporting regulatory and audit engagements.
• Prepare model risk appetite statements for GM MRV and reporting for internal risk committees; synthesize project documents and stakeholder feedback into concise updates for senior management.
• Generate model risk policies, standards and procedures; provide implementation and administrative support, including responding to queries; maintain a backlog of changes to direct future policy development.
• Support assurance exercises to determine compliance with model-related requirements; track and report embedment of policy across model development, validation, implementation, monitoring and retirement; synthesize findings to identify systematic compliance gaps.
• Track the health of internal controls; ensure the risk and control framework for models remains fit-for-purpose; support adjacent frameworks in aligning to model risk requirements; support operational issue tracking across the wider team.
• Provide secretarial support to model committees; provide quality assurance over documentation prepared for discussion; ensure alignment of papers to committee mandate; support minute taking and action tracking.
• Drive continuous improvement in model management through the model register, policy simplification or communication strategies; leverage AI to support model governance; drive process improvement in reporting.

What you'll need

• 4-6 years of model risk governance experience in other GCC
• Experience in managing and reporting for model portfolios across multiple model types (credit risk, market risk)
• Demonstrated written and verbal communication skills, including the ability to interpret regulatory policy and internal model risk policy
• Demonstrated end-to-end project delivery, with sound communication and time management skills
• Proficiency in Microsoft Office tools and visualization tools (Tableau, Cognos, etc.)
• Bachelor's degree in engineering or master's degree in computer science

Nice to have

• Preferably experience with Atlassian products, viz. JIRA
• Programming skills in Excel VBA/SQL advantageous

Details

• Location: Bangalore, based in CBA India office, Manyata Tech Park Road
• Serves all lending businesses across the CBA Group
• Applications close 29/10/2026