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VP-AI Audit

Job in 400001, Mumbai, Maharashtra, India
Listing for: Mashreq
Full Time position
Listed on 2026-08-18
Job specializations:
  • IT/Tech
    AI Engineer (Applied/Software), AI Evaluation, Machine Learning/ ML Engineer, Data Scientist
Job Description & How to Apply Below
Job Purpose

Lead the development and execution of the Bank's  AI and GenAI audit strategy  to assess governance, control effectiveness, ethical use, data integrity, model risk, and regulatory compliance across all AI-enabled initiatives, and to enable responsible AI adoption across the Bank.

Key Result Areas

Develop and implement risk-based AI/GenAI audit strategies aligned with the Bank's AI agenda and regulatory expectations.
Execute audits over the AI/ML lifecycle — data sourcing, training, validation, deployment, monitoring, retraining, and decommissioning (MLOps/LLMOps).
Provide assurance on AI governance, model risk management (MRM), ethics, fairness, bias, explainability, and human-in-the-loop controls.
Audit GenAI/LLM use cases — RAG pipelines, fine-tuning, prompt engineering, guardrails, vector databases, and output validation.
Assess AI cybersecurity risks — adversarial attacks, prompt injection, data poisoning, model theft, jailbreaks (OWASP LLM Top 10, MITRE ATLAS).
Evaluate third-party AI risks covering foundation model providers (OpenAI, Anthropic, Google, Meta, Mistral, open-source) and cloud AI platforms (Azure OpenAI, AWS Bedrock, Google Vertex AI).
Assess compliance with AI and data regulations — CBUAE, QCB, SBP, RBI,UAE PDPL etc.
Audit AI use in credit, AML/fraud, KYC, chatbots, personalization, trading, and operations automation.
Prepare and present impactful audit reports to the Board Audit Committee, GCEO, and senior management, translating complex AI concepts into business language.
Partner in Internal Audit AI transformation — continuous auditing, GenAI-enabled audit tools, and audit team upskilling.
Guide, coach, and develop AI audit team members; foster a culture of learning, agility, and innovation.
Support integrated audits by providing AI/technology subject-matter expertise across the Bank.

Knowledge, Skills and Experience

Education
Bachelor's degree in Computer Science, IT, Data Science, AI, Statistics, Mathematics, or a related quantitative field;
Master's in AI/ML or Data Science preferred.
Experience
Minimum  10–12 years  in IT audit, technology risk, model risk, or AI/data governance, with  at least 3–4 years directly focused on AI/ML or GenAI risk, governance, or audit , preferably in banking.
Certifications
CISA  mandatory (or to be obtained within 12 months).
One or more preferred:  ISACA AAIA (Advanced in AI Audit), CISSP, CRISC, CGEIT, CDPSE .

Technical Knowledge
Strong understanding of  AI/ML concepts  — supervised, unsupervised, reinforcement, deep learning, NLP, computer vision.
GenAI and LLMs  — foundation models, transformers, embeddings, RAG, fine-tuning (SFT, RLHF, LoRA), prompt engineering, agentic and multi-modal AI.
Familiarity with  major model versions and providers  — OpenAI (GPT-4/4o/5), Anthropic (Claude), Google (Gemini), Meta (Llama), Mistral, and leading open-source models.
AI platforms/tooling  — Azure OpenAI, AWS Bedrock/Sage Maker, Google Vertex AI, Databricks, Hugging Face, Lang Chain, vector databases.
AI governance and risk frameworks
Skills
Strong analytical and problem-solving skills focused on novel AI risks.
Excellent communication and interpersonal skills to convey complex AI concepts to technical and non-technical stakeholders, including the Board.
Ability to work independently, lead a team, and collaborate across departments and geographies.
Added Advantages
Hands-on involvement in any part of an organization's  AI initiatives  (use case build, model validation, AI governance council, MLOps, GenAI product).
Banking / financial services  domain knowledge (credit, fraud/AML, digital channels, compliance).

Experience with  AI-enabled internal audit tools  and audit analytics.
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