Risk Model Validation Specialist

2 weeks ago


alappuzha, India beBeeRisk Full time

Senior Quantitative Analytics Associate Job DescriptionAs a seasoned expert in quantitative analytics, you will lead the validation and review of risk models to ensure they are functioning as intended.This role entails ensuring that models comply with regulatory requirements and accurately identify, measure, and report risks to senior management.You will perform hands-on model validation/review, testing the model's conceptual soundness, data accuracy, methodology, and ongoing performance through techniques like backtesting, benchmarking, and stress testing.Provide an effective challenge throughout the model validation/review to ensure that models are robust and all assumptions and limitations are justified.Presents findings, weaknesses, and/or observations identified from the validation/review to model developers/owners and provide them with executable finding remediations.Prepare detailed validation reports and memos that document the validation approach, findings, and conclusions.



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