Sr. Manager, Model Risk Management
1 month ago
Toast is driven by building the all-in-one restaurant platform that helps restaurants operate their business, increase sales, engage guests, and keep employees happy.
The Toast Enterprise Risk and Compliance Management Program provides a coordinated, company-wide approach to identify, measure, monitor, mitigate and treat risks, while enabling the business to innovate and deliver quality products and solutions to serve our customers.
Toast, Inc. seeks a seasoned model risk professional to lead the model risk management program and ensure advanced predictive, statistical, credit / lending, financial, and other machine learning models built and utilized by Toast are appropriately used, validated, and comply with internal policies and requirements.
About this roll* (Responsibilities)
- Design, implement, and manage the second line of defense model risk program overseeing high risk models utilized by Toast.
- Establish and maintain model risk management program governance documentation including model risk frameworks, policies, procedures, templates, and best practices.
- Define and implement key model requirements and standards, such as model development, implementation and use, validation, change management, governance, and controls. Oversee adoption by model developers and owners.
- Develop and maintain a comprehensive model risk inventory inclusive of respective risk information.
- Conduct regular risk-based model validation reviews and oversee resulting remediation plans to address identified model risks and/or issues.
- Partner with cross-functional teams including Data Science, Data Engineering, Information Security, Product Engineering, Finance, Credit Risk, and Business Strategy to provide effective challenge, complete model validation, enforce model governance, and conduct ongoing monitoring.
- Inform and report to leadership model risk management issues, reports, risks, or practices. Escalate, prepare materials, and report on model risks to the relevant risk management committees, audit committee of the board, and internal audit.
- Stay current with the latest industry trends, new and improved data science methodologies, and model risk practices while continually enhancing the model risk management program at Toast.
Do you have the right ingredients*? (Requirements)
- Advanced degree in quantitative fields such as Data Science, Statistics, Mathematics, Financial Engineering or related discipline.
- At least eight (8) years of experience in model risk management and/or data science at a fintech, bank, technology company, or consulting firm with a focus in credit risk modeling, financial models, and lending growth strategies.
- Proficiency in machine learning, AI, and statistical modeling techniques.
- Strong proficiency in Python and SQL and experience with data science libraries and tools such as: Spark, Scala, scikit-learn, Tensorflow, PyTorch, XGBoost etc.
- Familiarity with standard software engineering practices and tools including object-oriented programming, test-driven development, CI/CD, git, task orchestration (Airflow), and AWS tooling.
- Excellent knowledge and understanding of model risk management frameworks and practices.
- Ability to comprehend business problems, effectively challenge quantitative methodologies and articulate complex information to both technical and non-technical stakeholders.
- Strong critical and analytical thinking, decision-making, innovative problem-solving, and excellent verbal and written communication skills.
- Ability to drive action, build consensus, and drive engagement among cross-functional stakeholders. Detail-oriented with the ability to meet firm deadlines.
- Strong leadership skills, with experience managing and mentoring junior team members.
We are Toasters
Diversity, Equity, and Inclusion is Baked into our Recipe for Success.
At Toast our employees are our secret ingredient. When they are powered to succeed, Toast succeeds.
The restaurant industry is one of the most diverse industries. We embrace and are excited by this diversity, believing that only through authenticity, inclusivity, high standards of respect and trust, and leading with humility will we be able to achieve our goals.
Baking inclusive principles into our company and diversity into our design provides equitable opportunities for all and enhances our ability to be first in class in all aspects of our industry.
Bready* to make a change? Apply today
Toast is committed to creating an accessible and inclusive hiring process. As part of this commitment, we strive to provide reasonable accommodations for persons with disabilities to enable them to access the hiring process. If you need an accommodation to access the job application or interview process, please contact candidateaccommodations@toasttab.com.
-
Market Risk Mv
4 weeks ago
Bengaluru, India Market Risk MV Full timeMarket Risk MV Model Validation, Model Development (Market Risk): 4-8 years of experience. - Proven experience in market risk, risk modeling or model validation. Assess the model's conceptual soundness and methodology. Models - Value at Risk, Counterparty Risk Exposure models, Pricing of plain vanilla and exotic derivatives, FVA, PVA, IPV, Pricing of Credit...
-
Sr. Risk Manager
4 weeks ago
Bengaluru, India ADCI - Karnataka Full timeSelling Partner Trust (SPS) is responsible for creating a trustworthy shopping experience across Amazon stores worldwide by protecting customers, brands, selling partners and Amazon from fraud, counterfeit, and abuse as well as empowering, providing world‐class support, and building loyalty with Amazon’s millions of selling partners. We value individual...
-
Bengaluru, India Standard Chartered Bank Full timeRESPONSIBILITIES Strategy The Senior Manager, Model Risk System, will support the team and colleagues in their role of managing and improving model risk systems to internal / external stakeholders by: Supporting model risk systems stakeholders across all stages of the model risk lifecycle and all model families in the group. Delivering and...
-
Sr. Risk
4 weeks ago
Bengaluru, India ADCI - Karnataka Full timeWe are looking for an experienced and dynamic Risk professional willing to expand the envelop by adopting innovative ways to build a more resilient operations.Sr. PM Risk & Resilience (APAC Lead) will strengthen resilience capabilities within APAC region by driving key R&R Program initiatives and effectively engaging key stakeholders using standard...
-
Senior Risk Manager
4 weeks ago
Bengaluru, India ADCI - Karnataka Full timeA Senior Risk Manager, APAC– TERA is a People Manager, responsible for managing a complex and/or expansive sub-region within APAC. The Sr Risk Manager – TERA reports directly to a Senior Risk & Resilience Manager (APAC). They manage a team of Risk Analysts, providing expert direction and guidance on monitoring, collection, and analysis. Their key...
-
Risk-Bengaluru-Vice President-Model Risk
13 hours ago
Bengaluru, India Goldman Sachs Full timeThe Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm. RISK BUSINESS The Risk Business identifies, monitors, evaluates, and manages the firm’s financial and non-financial risks in support of the firm’s Risk Appetite Statement and the firm’s strategic plan....
-
IT Risk Manager
4 weeks ago
Bengaluru, India SLK Full timeCompany Name: VFI SLK Global Services Pvt Ltd ý Regularly interact with and build partnership with stakeholders at varying levels to promote and instil a strong risk culture and advise on IT related operational risks and...
-
Credit Risk Decision Model Development Manager-C11
13 hours ago
Bengaluru, India Citi Full timeSummary : This individual contributor role will support consumer risk scoring related modeling, documentation, and adhoc analytics for International and US consumer portfolios including credit cards, loans, and others at Citi by using traditional (e.g., regression) as well as emerging (e.g., machine learning and artificial intelligence ) predictive...
-
Manager, Model Validation
2 weeks ago
Bengaluru, India Bread Financial Full timeThe Model Validation team is responsible for Model Risk Management for Bread Financial Models and Bank Models for the entire organization. Members of this team work with teams across the business (Marketing, Pricing, finance, etc.) that build the models to understand and validate the methodology. The Model Validation, Manager is a key member of the Model...
-
Manager, Model Validation
2 weeks ago
Bengaluru, India Bread Financial Full timeThe Model Validation team is responsible for Model Risk Management for Bread Financial Models and Bank Models for the entire organization. Members of this team work with teams across the business (Marketing, Pricing, finance, etc.) that build the models to understand and validate the methodology. The Model Validation, Manager is a key member of the Model...
-
Market Risk Model Validation
2 weeks ago
Bengaluru, India Acuity Knowledge Partners Full timeKey Responsibilities: -- Validate models in accordance with client’s model risk management policy to assess model usage, documentation, conceptual soundness, data integrity and the control environment.- Communicate results via formal model validation reports, as well as presentations to model owners and senior management.- Evaluate model performance...
-
Market Risk Model Validation
3 weeks ago
Bengaluru, India Acuity Knowledge Partners Full timeKey Responsibilities: -Validate models in accordance with client’s model risk management policy to assess model usage, documentation, conceptual soundness, data integrity and the control environment.Communicate results via formal model validation reports, as well as presentations to model owners and senior management.Evaluate model performance monitoring...
-
Market Risk Model Validation
3 weeks ago
Bengaluru, India Acuity Knowledge Partners Full timeKey Responsibilities: -Validate models in accordance with client’s model risk management policy to assess model usage, documentation, conceptual soundness, data integrity and the control environment.Communicate results via formal model validation reports, as well as presentations to model owners and senior management.Evaluate model performance monitoring...
-
Market Risk Model Validation
3 weeks ago
Bengaluru, India Acuity Knowledge Partners Full timeKey Responsibilities: - Validate models in accordance with client’s model risk management policy to assess model usage, documentation, conceptual soundness, data integrity and the control environment. Communicate results via formal model validation reports, as well as presentations to model owners and senior management. Evaluate model performance...
-
Manager, Model Validation
4 weeks ago
Bengaluru, India Standard Chartered Bank Full timeRole Responsibilities Support GMV senior manager in performing an independent validation of new and existing models that are used in risk management, capital calculation, stress testing etc. Qualitative review of model development process including underlying assumptions & theoretical basis. Quantitative assessment of model performance via data...
-
Risk Modeling
4 weeks ago
Bengaluru, India PERSOLKELLY India Full timeMinimum 2 Years’ experience in Model Development - Knowledge of Logistic Regression, Decision Tree - Experience in Programming languages R/Python Knowledge of Logistic Regression, Decision Tree is a must - Should have developed risk/collection models using R/Python - Experience of designing and implementing machine learning algorithms is a plus -...
-
Assistant Manager
4 days ago
Bengaluru, India Genpact Full timeGenpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we...
-
Manager - Risk Analytics
2 weeks ago
Bengaluru, India Cashfree Payments Full timeJob Details: As the Manager of Risk Analytics at Cashfree Payments, you will lead a team of skilled professionals in developing and implementing comprehensive risk management strategies. Leveraging advanced analytics techniques and industry best practices, you will be responsible for safeguarding our platform against fraudulent activities and mitigating...
-
Manager - Risk Analytics
2 weeks ago
Bengaluru, India Cashfree Payments Full timeJob Details: As the Manager of Risk Analytics at Cashfree Payments, you will lead a team of skilled professionals in developing and implementing comprehensive risk management strategies. Leveraging advanced analytics techniques and industry best practices, you will be responsible for safeguarding our platform against fraudulent activities and mitigating...
-
Valuation Controller
4 weeks ago
Bengaluru, India JPMorgan Chase & Co. Full timeYou are a strategic thinker passionate about driving solutions in Finance. You have found the right team. As a Valuation Control professional in our Corporate sector, you will spend each day defining, refining and delivering set goals for our firm The Valuation Control Group (VCG) is an independent group within Finance whose primary responsibility is to...
