Risk Model Validation Expert

1 day ago


amravati, India beBeeModelValidator Full time

Lead Risk Model Validation SpecialistAs a senior risk model validation professional, you will oversee the evaluation of models used by the bank to ensure they meet regulatory requirements and accurately identify risks.Key Responsibilities:Conduct thorough reviews of existing and new models to assess their soundness, data accuracy, methodology, and ongoing performance through backtesting, benchmarking, and stress testing.Develop effective challenges to ensure models are robust and assumptions are justified, providing constructive feedback to developers/owners.Present findings, weaknesses, and observations in detailed reports, outlining executable remediations and proposing improvements.Prepare comprehensive validation reports and memoranda documenting the validation approach, results, and conclusions.Collaborate with internal audit teams and external regulators to present validation outcomes and methodologies.



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