Avp - Model Validation

2 weeks ago


Bengaluru, India Mr. Cooper Full time

Check It Out

Ready to be a Cooper too? This might just be right up your alley

We’re here to keep the dream of home ownership alive. Oh, and while we’re at it, we’re determined to change the lending industry itself. It’s simple, but it won’t be easy. And we’ll need a great team behind us. (That’s where you come in.) We want to show the world that transparency, candor and collaboration aren’t just good values. They’re good business. Working here isn’t for people who want to punch a clock. It’s for people who want to punch a hole in the status quo. Come join us. And make a difference instead of just a living.

The work to be performed by the model validation AVP shall include, but not be limited to the following:

- Ensure model validation process is in compliance with all requirements from Risk and Internal Audit
- Set up and manage go forward model validation and review process
- Technical assessment of adequacy of the modeling data and assumptions
- Model conceptual soundness and mathematical formulation
- Model performance and outcome stability assessment
- Work with model owner to develop quantitative KPI to monitor model usage and track model financial impact
- Process and model validation results documentations

Mr. Cooper is committed to nurturing a diverse and inclusive environment where every employee is empowered to be their authentic self. We know that a large part of our success as a business is directly tied to our ongoing efforts to attract and retain diverse talent and maintain an inclusive environment where each employee can thrive. Embracing and leveraging diversity through an inclusive work environment fosters new ideas, new insights, and constant innovation. We strive to weave the principles of diversity and inclusion throughout the fabric of how we work, how we interact, and how we engage with our customers and the community.

Job Requisition ID:
019948

Job Category:
Analytics & Reporting

Primary Location City:
Bengaluru

Primary Location Region:
Karnataka

Primary Location Postal Code:
560064

Primary Location Country:
India

Additional Posting Location(s):
Chennai NSM Block 1A


  • Model validation

    1 week ago


    Bengaluru, India PeopleLogic Full time

    1. Backtest & re-calibrate each model designed and developed by the business, hence a thoroughunderstanding of model development under Basel & IFRS norms is critical.2. Choose adequate model outcome analysis techniques such as:a. Model estimates vs realized values (e.g. back-testing for some models);b. Stability of model outcomes;c. Benchmarking: model...

  • Model validation

    1 week ago


    Bengaluru, India PeopleLogic Full time

    1. Backtest & re-calibrate each model designed and developed by the business, hence a thoroughunderstanding of model development under Basel & IFRS norms is critical.2. Choose adequate model outcome analysis techniques such as:a. Model estimates vs realized values (e.g. back-testing for some models);b. Stability of model outcomes;c. Benchmarking: model...


  • Bengaluru, India Bread Financial Full time

    The 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...


  • Bengaluru, India Bread Financial Full time

    The 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...


  • Bengaluru, India Standard Chartered Bank Full time

    Role 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...


  • Bengaluru, India Acuity Knowledge Partners Full time

    Key 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...


  • Bengaluru, India Acuity Knowledge Partners Full time

    Key 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...


  • Bengaluru, India Acuity Knowledge Partners Full time

    Key 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...


  • Bengaluru, India Acuity Knowledge Partners Full time

    Key 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...

  • AVP - Data Science

    4 weeks ago


    Bengaluru, India mPokket Full time

    AVP - Data ScientistmPokketis a rapidly growing and well-funded fintech startup in the lending domain. We offer small ticket loans, along with employability solutions, to the low income youth via our mobile app. Started in 2016, mPokket is today among the top 5 fintech lenders in India, having disbursed more than Rs.14,000 crore to 50 lakh borrowers across...


  • Bengaluru, India First Abu Dhabi Bank Full time

    Job Description Job Purpose: FAB, the UAE's largest bank and one of the world's most secure financial institutions, is dedicated to creating value for its employees, customers, shareholders, and communities. Through innovation, agility, and differentiation, FAB is committed to fostering growth. FAB GBS India is looking for top talent and your...

  • Northern Trust

    4 weeks ago


    Bengaluru, India Northern Trust Full time

    Northern Trust - Model Validation (2-8 years) Northern Trust, Bangalore: Model Risk Management general supervision (but works independently most of the time) responsible for performing a variety of moderately complex risk analytics and/or capital allocation framework activities for the Corporation. Resolves moderately complex issues in advanced data...


  • Bengaluru, India First Abu Dhabi Bank Full time

    Job Description JOB PURPOSE: The job holder will be contributing as hands-on Subject Matter Expert that is responsible for the model development. The job holder should have an ability to independently develop and maintain model development work stream. The person would report into VP of Model development at GBS level and would work with wider team...

  • AVP - Data Science

    4 weeks ago


    Greater Bengaluru Area, India mPokket Full time

    AVP - Data Scientist mPokket is a rapidly growing and well-funded fintech startup in the lending domain. We offer small ticket loans, along with employability solutions, to the low income youth via our mobile app. Started in 2016, mPokket is today among the top 5 fintech lenders in India, having disbursed more than Rs.14,000 crore to 50 lakh borrowers...


  • Bengaluru, India E902 DWS India Private Limited, Maharashtra Branch Full time

    Description DWS Group (DWS) is one of the world's leading asset managers with EUR 841bn of assets under management (as of 31 March 2023). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognised by clients globally as a trusted source for integrated investment...

  • Avp

    4 weeks ago


    Bengaluru, India HSBC Full time

    -Job description **Some careers shine brighter than others.** If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. HSBC is one...

  • Avp

    4 weeks ago


    Bengaluru, India HSBC Full time

    -Job description **Some careers shine brighter than others.** If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. HSBC is one...


  • Bengaluru, India HSBC Full time

    -Job description **Some careers have more impact than others.** If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. HSBC is one of the largest banking and financial services organizations in the world, with operations in 64 countries and territories. We aim to be where the growth is,...


  • Bengaluru, India The Edge Asia Full time

    Presently recruiting for an esteemed global banking institution, renowned for its excellence in the financial industry. We are looking for an experienced expert to fill the position of Manager/Sr Manager/AVP - Funds Transfer Pricing. **Key responsibilities**: - Conduct analysis of funding costs and allocate them appropriately among various business units...


  • Bengaluru, India JPMorgan Chase Bank, N.A. Full time

    Financial Institutions routinely use models for a broad range of activities including analyzing business strategies, identifying and measuring risk, valuing exposures or instruments, hedging derivative positions, conducting stress testing, assessing capital adequacy, managing clients assets, informing investment process, measuring compliance with internal...