Opening For Model Validation

2 - 7 Years
Bengaluru

Job Description

Ensure credible challenge of models through independent validation process by evaluating all relevant components of models, identifying areas of weakness, working with key stakeholders like model owners to ensure risk commensurate
remediation and timely delivery
 Establish reporting and escalation protocols of review results and follow up on identified issues/observations.
 Understand model risk supervisory guidance, Model Risk Management Policy, and current industry best-practices
 Continually work to improve consistency and quality of independent model validation
 Ensure all models within scope are independently validated per expected standards and schedule
 Build and maintain effective working relationships with LOB Model Governance, Model Owners, Model Program team members, and CFMOs across the Bank

Required Candidate profile

University degree in statistics, math, engineering, physics, accounting, finance, economics, econometrics, computer sciences, or business/social and behavioral sciences with a quantitative emphasis preferred.
Experience in one or a combination of these areas: Finance, Risk Analytics, Fraud Forecasting, Financial Crimes, Operational Risk, Credit Risk, Market Risk, Wholesale & Liquidity Risk or Audit within Financial Services Industry
 Strong analytical skills with high attention to detail and accuracy.
 Excellent communication (verbal and written) skills and experience in building and maintaining partnerships, collaborating across lines of business as well as with corporate partners.
 Experience in producing work of highest quality within tight timelines, as well as creating, maintaining, and supporting processes subject to intense regulatory scrutiny.
 Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.

Salary: Not Disclosed by Recruiter

Industry:Banking / Financial Services / Broking

Functional Area:Analytics & Business Intelligence

Role Category:Analytics & BI

Role:Analytics Manager

Keyskills

Desired Candidate Profile

Please refer to the Job description above

Company Profile

Careernet Technologies Pvt Ltd

Leading Banking Institutes
View Contact Details+

Contact Company:Careernet Technologies Pvt Ltd

Email :swathi.shetty@careernet.co.in

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