Risk Model Validation Specialist

5 days ago


dombivli, India beBeeAnalytics Full time

Senior Quantitative Analytics Associate Job Summary:This role involves leading independent validations and reviews of risk models to ensure they are functioning as intended, comply with regulatory requirements, and accurately identify, measure, and report risks to senior management.About the PositionThis position is responsible for performing in-depth validations and reviews of new and existing risk models, including those for fraud risk, compliance risk, and other areas.Validate model conceptual soundness, data accuracy, methodology, and ongoing performance through backtesting, benchmarking, and stress testing.Present findings and provide executable remediation plans to model developers and owners.Key Responsibilities:Perform thorough validation of risk models to ensure they meet regulatory requirements.Develop and implement effective remediation plans to address any issues identified during validation.Requirements:Masters degree in a quantitative field or equivalent experience.At least 3 years of experience in statistical or AI/ML model development or validation.Proficiency in programming languages such as Python, R, SQL, or SAS.Excellent communication skills to articulate complex technical information.



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