Chief Quantitative Model Governance Specialist

1 day ago


Gurgaon, Haryana, India Ameriprise Financial Full time

Job Description:

We are seeking a Chief Quantitative Model Governance Specialist to join our team in India. This is a full-time role, and the timings will be as per the India Business Unit.

About the Role:

In this role, you will be responsible for managing and executing model validation activities, including validation, annual review, ongoing monitoring, findings management, and model use approvals for low-, moderate-, or high-risk models. You will lead a team of junior quantitative model validators to test and evaluate the conceptual soundness of models and assess limitations and suitability for use.

You will subject matter expert in a key model risk area such as Artificial Intelligence/Machine Learning, Statistical and Stochastic processes, or Insurance and Actuarial Modeling.

Key Responsibilities:

  • You will be responsible for validation scripts, validation report, and report reviews of low-, moderate-, or high-risk model validations.
  • You will establish the scope and testing of low-, moderate- or high-risk models validations, providing guidance as necessary on complex issues.
  • You will consult with model owners and model developers to promote best practices and resolve questions or deficiencies.
  • You will conduct and manage annual reviews of low-, moderate-, or high-risk models.
  • You will support model governance policies and procedures, templates, and risk reporting and provide level 2 technical support to business.
  • You will provide leadership, coaching, and development to direct reports; deliver timely feedback/coaching and formal performance review discussions; assess employee professional growth/career opportunities and collaborate on development plans. Provide guidance to indirect reports and other members of the team.

Requirements:

  • You must have experience in model risk management in banking or insurance.
  • You must have a Master's degree in science, math, statistics, or related area.
  • You must have previous people leadership experience.
  • You must have proven ability to apply both strategic and analytic techniques to provide business solutions and recommendations.
  • You must be able to work effectively in a collaborative team environment.
  • You must have proven success in communicating complex information to senior management in a compelling fashion.
  • You must have strong collaboration & influencing skills.

Salary: The estimated salary for this role is ₹1,200,000 - ₹1,800,000 per annum, depending on experience.

Benefits:

Ameriprise Financial offers a comprehensive benefits package, including medical, dental, and vision insurance, 401(k) matching, and paid time off.

About Us:

Ameriprise Financial has been providing client-based financial solutions to help clients plan and achieve their financial objectives for 125 years. We are a U.S.-based financial planning company headquartered in Minneapolis with a global presence. The firm's focus areas include Asset Management and Advice, Retirement Planning, and Insurance Protection.



  • Gurgaon, Haryana, India Ameriprise Financial Full time

    Job Title: Quantitative Model Validator - Actuarial SpecialistAs a Quantitative Model Validator - Actuarial Specialist, you will be responsible for executing model validation activities, including validation, annual review, ongoing monitoring, findings management, and model use approvals for low-, moderate- or high-risk models. You will work closely with...


  • Gurgaon, Haryana, India Ameriprise Financial Full time

    **Job Summary**As a Quantitative Model Specialist - Risk Management, you will be responsible for executing model validation activities, including validation, annual review, ongoing monitoring, findings management, and model use approvals for low-, moderate- or high-risk models.You will coordinate a team of quantitative model validators to test and evaluate...


  • Gurgaon, Haryana, India MongoDB Full time

    MongoDB empowers innovators to create transformative applications by harnessing the power of software and data. Our mission is to enable organizations of all sizes to build, scale, and run modern applications by modernizing legacy workloads, embracing innovation, and unleashing AI.We're growing rapidly and seeking a Chief Data Infrastructure Specialist to...


  • Gurgaon, Haryana, India Ameriprise Financial Full time

    Job Title: Senior Quantitative Model ValidatorAbout the Role:As a Senior Quantitative Model Validator, you will play a crucial role in managing and executing model validation activities, ensuring that our models are sound and reliable. You will lead a team of junior quantitative model validators and work closely with model owners and developers to promote...


  • Gurgaon, Haryana, India Ameriprise Financial Full time

    Job Title: Senior Manager Quantitative Model ValidatorAs a Senior Manager Quantitative Model Validator, you will be responsible for leading a team of junior quantitative model validators in managing and executing model validation activities. This includes validation, annual review, ongoing monitoring, findings management, and model use approvals for low-,...


  • Gurgaon, Haryana, India Estee Advisors Private Limited Full time

    Job Title: Quantitative Trading SpecialistAbout Estee Advisors:Estee Advisors Private Limited is a dynamic and innovative financial services company seeking a highly skilled quantitative trading specialist to join their team.Key Responsibilities:- Design and implement mathematical models for fundamental valuation of securities, incorporating the latest...


  • Gurgaon, Haryana, India Moody's Full time

    At Moody's, we're seeking a talented Quantitative Financial Modeler to join our team. As a key member of our Structured Finance group, you'll be responsible for building, developing, and troubleshooting complex financial models for various asset classes, including ABS, CMBS, and RMBS. Your expertise will help clients analyze their portfolios and make...


  • Gurgaon, Haryana, India Moody's Full time

    At Moody's, we foster an inclusive environment where diverse perspectives thrive. Our team of Financial Engineers work together to transform today's risks into tomorrow's opportunities.Key Responsibilities:Develop, build, and troubleshoot quantitative financial models for structured finance asset classes, including ABS, CMBS, and RMBS.Support client...


  • Gurgaon, Haryana, India Ameriprise Financial Full time

    Job Title: Quantitative Model ValidatorAmeriprise Financial is seeking a highly skilled Quantitative Model Validator to join our team. As a Quantitative Model Validator, you will be responsible for leading and implementing model validation activities, including validation, annual review, ongoing monitoring, findings management, and model use approvals.Key...


  • Gurgaon, Haryana, India Evalueserve India Full time

    About Evalueserve IndiaWe are a global leader in delivering innovative and sustainable solutions to a diverse range of clients. Our team of experts is passionate about helping businesses elevate their impact and make strategic decisions.Job SummaryWe are looking for a skilled Quantitative Model Validator to join our Risk and Quant Solutions team. As a...


  • Gurgaon, Haryana, India Estee Advisors Private Limited Full time

    Overview:">Estee Advisors Private Limited is a rapidly growing innovative company in the field of quantitative finance.Salary: ₹ 25,00,000 per annumJob Description: As a Quantitative Finance Specialist at Estee Advisors, you will be responsible for designing and implementing mathematical models for fundamental valuation of securities. You will need to...


  • Gurgaon, Haryana, India Moody's Full time

    About UsMoody's is a leading provider of financial data and analytical tools, empowering businesses to make informed decisions. Our mission is to create an inclusive environment where everyone feels welcome to contribute their expertise.Job SummaryWe are seeking a highly skilled Quantitative Finance Specialist to join our team. As a key member of our...


  • Gurgaon, Haryana, India Moody's Full time

    Role OverviewWe are seeking a highly skilled Quantitative Finance Specialist to join our analytics team at Moody's Investors Service. As a key member of our structured finance sector, you will be responsible for providing client support and addressing client needs in the structured finance space. Key Responsibilities:Analyze complex structured finance cash...


  • Gurgaon, Haryana, India Siya Consulting and Advisory Pvt Ltd Full time

    About the RoleWe are seeking a highly skilled Senior Quantitative Analyst to join our team at Siya Consulting and Advisory Private Limited. The ideal candidate will have a strong background in quantitative finance, with expertise in model development, credit risk management, CCAR, and CECL, IFRS9, and documentation.Key Responsibilities- Develop and validate...


  • Gurgaon, Haryana, India Ameriprise Financial Full time

    Job Description:The Senior Manager of Quantitative Model Validation will oversee a team of quantitative model validation analysts, ensuring the conceptual soundness of models and assessing limitations and suitability for use.About the Role:Subject matter authority in key model risk areas, including Stress testing and Capital Adequacy Analysis, Financial and...


  • Gurgaon, Haryana, India DigitalCube Consultancy Full time

    We are seeking a highly skilled Quantitative Trading Specialist to join our team at DigitalCube Consultancy.About the Role:The successful candidate will be responsible for developing and implementing high-frequency trading strategies in equity and commodity markets. This will involve analyzing historical data, generating ideas, creating models, and executing...


  • Gurgaon, Haryana, India Ameriprise Financial Full time

    Ameriprise Financial is a leader in providing client-based financial solutions to help clients achieve their long-term goals. We are seeking an experienced Senior Quantitative Model Validator to join our team.About the RoleAs a Senior Quantitative Model Validator, you will be responsible for leading and implementing model validation activities, including...


  • Gurgaon, Haryana, India Ameriprise Financial Full time

    Job SummaryThe Senior Quantitative Model Validator will lead a team of quantitative model validation analysts to test and evaluate the conceptual soundness of models and assess limitations and suitability for use. This role requires a subject matter expert in a key model risk area such as Artificial Intelligence/Machine Learning, Statistical and Stochastic...


  • Gurgaon, Haryana, India Ameriprise Financial Full time

    Job Summary:Ameriprise Financial is seeking a Director, Quantitative Model Validator to lead and implement model validation activities. This position will be responsible for validating, reviewing, and monitoring models, as well as managing findings and approvals.Key Responsibilities:Lead a team of quantitative model validators to test and evaluate the...


  • Gurgaon, Haryana, India Corporation Service Company Full time

    About the RoleWe are seeking a highly skilled Chief Corporate Governance Officer to join our team. This is a fantastic opportunity for a seasoned professional to take on a leadership role and drive corporate governance excellence in our organization.Job SummaryThe Chief Corporate Governance Officer will be responsible for overseeing the portfolio of client...