Senior Risk Model Validation Specialist

3 days ago


rajahmundry, India beBeeQuantitative Full time

Job OverviewThe Senior Quantitative Analytics Associate role involves leading independent validations and reviews of various risk models to ensure their accuracy and compliance with regulatory requirements.Key Responsibilities:Perform hands-on quantitative model validation/review, testing the model's conceptual soundness, data accuracy, methodology, and ongoing performance.Provide an effective challenge throughout the model validation/review to ensure that models are robust and assumptions are justified.Present findings, weaknesses, and observations identified from the validation/review to model developers/owners.Prepare detailed validation reports and memos documenting the validation approach, findings, and conclusions.Participate in internal audits and regulatory exams by presenting validation results and methodologies.Requirements:A Master's degree (or equivalent) in a quantitative discipline and at least 3 years of relevant experience; or Bachelor's degree (or equivalent) and at least 5 years of relevant experience.Hands-on experience in statistical and AI/ML model development or validation, with a strong understanding of quantitative modeling methods.Proficiency in programming languages such as Python, R, SQL, or SAS.Excellent written and verbal communication skills to clearly articulate complex technical findings.Knowledge of model risk management policies, procedures, and relevant regulatory guidance.



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