Quantitative Analytics Expert

1 week ago


erode, India beBeeModel Full time

As a senior quantitative analyst, you will be responsible for leading independent reviews of the bank's risk models. You will perform thorough evaluations and assessments of new and existing models used across the bank, including those related to fraud risk, compliance risk (such as AML and OFAC), and other areas.You will conduct in-depth analysis of model validation/review, testing the model's conceptual soundness, data accuracy, methodology, and ongoing performance through techniques like backtesting, benchmarking, and stress testing.You will provide an effective challenge throughout the model validation/review process to ensure that models are robust and all assumptions and limitations are justified.You will present findings, weaknesses, and/or observations identified from the validation/review to model developers/owners and provide them with executable finding remediations.You will prepare detailed validation reports and memos that document the validation approach, findings, and conclusions.You will participate in internal audits and regulatory exams by presenting validation results and methodologies and assisting in the remediation of any audit or exam findings.Key Skills: Python, R, SQL, SAS, AI/ML algorithms, Model Risk Management policies, procedures, and relevant regulatory guidance.



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