Job Role-

Interactive Brokers is looking to hire a Model Governance and Risk Analyst at the Mumbai office. This position comes with excellent growth potential for highly motivated and exceptional performers. The Analyst will report to a Model Governance Manager. The analyst will be responsible for auditing and evaluating the change management process initiated by a business or technical team within Compliance, tracking project progress and recordkeeping.


  • Oversee all aspects of Software Development Lifecycle (SDLC) for creating and modifying Compliance models and non-model reports and systems.
  • Work across different IB entities to conduct forums with key stakeholders.
  • Maintain ongoing project trackers and change management logs.
  • Prepare change management forum agendas and status reports.
  • Perform Functional Testing, UAT Testing, and Quality Control Reviews
  • Conduct testing and monitoring activities, including developing test plans, test data collection, developing test instructions, and performing an adequacy review of policies and procedures.
  • Analyze test results and summarize a list of observations from testing.
  • Assist with preparing executive reports summarizing test results and conclusions.
  • Provide support with the maintenance of a Control Library.
  • Perform AML Product Risk Assessments on new products, venues, and services.


  • Understanding of SDLC and the importance of Change Management methodology.
  • Functional Testing and User Acceptance Testing ("UAT") using different software tools (SQL, Jira, in-house applications).
  • High comfort and fluency with computers and technology and understanding of how technology is applied to business and regulatory problems.
  • Demonstrated organizational skills, and the ability to multitask and work independently.
  • Outstanding leadership, communication, analytical, and project management skills.
  • Understanding financial crimes data is a plus.
  • Fluent with all MS Office tools, particularly Excel and PowerPoint.
  • Experience using Jira and JQL queries.

Preferred Qualifications-

  • Bachelor's or master's degree focused on computer science, business, and/or economic techniques.
  • Minimum 2 years of professional experience with change management and testing.
  • Minimum 2-4 years of Relational databases experience SQL.

Company Benefits and Perks

  • Competitive salary package.
  • Performance-based annual bonus (cash and stocks).
  • Hybrid working model (3 days office/week).
  • Group Medical & Life Insurance.
  • Modern offices with free amenities & fully stocked cafeterias.
  • Monthly food card & company-paid snacks.
  • Hardship/shift allowance with company-provided pickup & drop facility*
  • Attractive employee referral bonus.
  • Frequent company-sponsored team-building events and outings.

*Depending upon the shifts.
Please note: The benefits package is subject to change at the management's discretion.


Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

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