Senior Manager-Model Risk
18 hours ago
DescriptionSenior Manager - Model Risk ManagementThe primary role of the incumbent is to conduct and manage the end-to-end validation and governance of models across the bank, in line with regulatory requirements. The role requires regular coordination with stakeholders, management of the Model Oversight Committee, maintenance of the model inventory, and supervision/training of junior team members. The incumbent will work closely with the Head of MRM to ensure all model risk related regulatory requirements are met.ResponsibilitiesManage and conduct validation/governance activities related to models used across the bank, including Credit, Market, Operational, AML, Marketing and other non-risk models. Examples of models include: PD, EAD, LGD, Stress Testing, IFRS9, VaR/PSRE/CVA etc.Maintain the Model Inventory and assist in regular reporting of model riskPrepare responses to questions/findings from Audit and/or Regulators. Manage stakeholder interaction with model developers and business owners during the model life cycle.Prepare and/or review validation reports to ensure they meet regulatory guidelines and best industry standards.Review model validation reports published by external vendors to ensure compliance to Model Risk Management policy.Review adherence to Model Risk Management policy and regulatory requirements for each model listed in the inventory.Active participation in activities related to Model Oversight Committee.Qualifications5-8 years of experience in the BFSI sector with understanding of risk management and modelling processes. Experience should specifically be in a quantitative role in either model development or validation areas.Bachelor's in Statistics, Mathematics, Quantitative Finance, Engineering, or related fields.Practical experience with handling large datasets and building/testing models using Python, R, and SAS. Good knowledge and understanding of a variety of model development and validation testing techniques covering risk and non-risk modelsExcellent writing and communication skills in order to produce/finalize high quality validation reports and present them to various types of audiences.Demonstrated project management and organizational skills and capability to handle multiple projects at one timeOutstanding interpersonal skills, to manage relationships with various stakeholders including model developers, business users, external consultants etc.
-
Bangalore, Karnataka, India Mashreq Bank Full timeJob Category NES Job Group Senior Manager - Model Risk Management The primary role of the incumbent is to conduct and manage the end-to-end validation and governance of models across the bank in line with regulatory requirements The role requires regular coordination with stakeholders management of the Model Oversight Committee maintenance of the model...
-
Bangalore, India Northern Trust Full timeAbout Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring...
-
Senior Consultant, Model Validation
4 days ago
Bangalore, India Northern Trust Full timeAbout Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring...
-
Risk Modelling Development Specialist
3 days ago
bangalore, India ANZ Full timeReq ID: 105681Department: Risk Metrics & Measurement - Credit ModelsDivision: RiskLocation: BengaluruAbout UsAt ANZ, we're shaping a world where people and communities thrive, driven by a common goal: to improve the financial wellbeing and sustainability of our millions of customers.About the RoleAs a Manager for Wholesale Models, you will be part of the GCM...
-
Sr. Manager
6 days ago
Bangalore, Karnataka, India Visa Full timeCompany Description Visa is a world leader in payments and technology with over 259 billion payments transactions flowing safely between consumers merchants financial institutions and government entities in more than 200 countries and territories each year Our mission is to connect the world through the most innovative convenient reliable and secure payments...
-
Vice President
1 week ago
bangalore, India Mashreq Full timeThe main purpose of the role is to lead the wholesale Risk model development team and assist the Head of Risk Analytics and Capital Management in execution of risk governance and practices around quantitative models.Key Result AreasStrategic & Leadership ResponsibilitiesEstablish and scale a new Centre of Excellence (CoE) for Wholesale Rating Models from the...
-
Manager - Credit Risk
2 days ago
Bangalore, India Navi Full timeAbout the Team The Risk team at Navi is responsible for identifying, assessing, and mitigating potential risks across the organization. The Credit Risk team, part of the Risk function at Navi, reviews and monitors the performance of credit underwriting policies and models, ensuring timely risk interventions and data-backed decision-making to manage portfolio...
-
Senior Manager Enterprise Risk Management
5 days ago
bangalore, India Consulting Firm Full timePosition: Manager / Senior Manager – Enterprise Risk Management & Internal AuditLocation: BengaluruReporting To: Partner / Director – Risk AdvisoryExperience: 8–12 yearsQualification: Chartered Accountant (CA) / CPA / CIA / CISA or equivalent MBARole OverviewThe Manager / Senior Manager – Enterprise Risk Management (ERM) & Internal Audit will be...
-
Senior Manager Enterprise Risk Management
5 days ago
Bangalore, India Consulting Firm Full timePosition: Manager / Senior Manager – Enterprise Risk Management & Internal Audit Location: Bengaluru Reporting To: Partner / Director – Risk Advisory Experience: 8–12 years Qualification: Chartered Accountant (CA) / CPA / CIA / CISA or equivalent MBA Role Overview The Manager / Senior Manager – Enterprise Risk Management (ERM) & Internal Audit will...
-
Scorecards, Modeling, Risk analytics
16 hours ago
bangalore, India YES BANK Full timeKey Responsibilities:· Develop predictive models using latest machine learning / statistical methods across the domains of Risk, customer & sales· Define and establish robust model evaluation & governance framework· Engage with the Risk & Model Committees· Responsible for the end-to-end development and implementation of all scorecards/risk monitoring...