Business Analyst- Model Risk Management

1 week ago


Navi Mumbai Mumbai India HDFC Bank Full time

Job Description

Job Responsibilities:

- Analyse, translate, and articulate Business concepts into system/process requirements with the objective to implement IT enabled solutions that meet Business user requirements within the regulatory guidelines and organizations priorities at any point of time with the objective to comply to the same.
- Risk Assessment & Mitigation: Implement system functionalities to ensure the accuracy and reliability of models by evaluating and mitigating potential risks associated with various issues identified during validation & monitoring
- Validation Framework& Workflow Management: Implement a standardized validation process involving rigorous testing, validation, and approval stages for new and existing models.
- Model Performance Monitoring & Issue Tracking: Implement real-time monitoring of model performance, alerting stakeholders to any deviations or anomalies. Tracking issues for closure & Reporting

Skillset Required:

- Minimum 4+ yrs of Experience
- Technical domain understanding across Banking Applications, especially Model Governance / Model Validation workflows / Credit or Market Risk Models testing / Workflow based Applications / Datalake applications.
- System functional knowledge, related banking/process knowledge and relate skills viz: Analytical, Workflow, Documentation, Communication
- Exposure to Various product lines mentioned Credit Risk, Market Risk, Rating Models, etc



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