Risk Model Validation Expert
17 hours ago
At Genpact, we're harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people.
About the RoleWe are seeking an experienced Risk Model Validation Expert to join our team. In this role, you will be responsible for working with the Enterprise's Model Risk Management Teams for model validation, implementation & documentation - for a BFS client in North America.
Responsibilities- End-to-end independent validation of credit risk and regulatory models, including PD, LGD, EAD, Stress Testing, CECL, Credit Scorecards, AML, and counter fraud models etc.
- Conduct first time (baseline), change based, and annual validation
- Assess the models conceptually and quantitatively to ensure the model is suitable for the stated/intended use
- Conduct necessary assessments to challenge the model effectively. Assess adequacy of model documentation in line with regulatory guidelines
- Validation for the source data quality, forecast data quality, as well as change management
- Development of benchmark models using statistical/Machine Learning technique during validation exercise to challenge model methodology
- Assessment of the model monitoring and implementation process. Assessment of the model calibration techniques
- Master's degree or higher in Finance, Mathematics, Economics, Statistics, or equivalent experience
- Leading as well as hands-on experience in BFS analytical projects supporting portfolio analytics/predictive modeling/independent validation of models
- As team lead, candidate should have experience of overseeing the team's deliverables, ensuring adherence to SLAs for quality and timeliness, while also focusing on people management, client relationship management, leading continuous improvement initiatives, and managing client partner relationships
- Experience in BFS analytics, with experience in credit risk modeling/independent validation of models (Regression, Logistic Regression, Time series, Clustering, CHAID/Classification trees, Time Series, Competing Risk, Survival Models, Markov TPM, scorecards, etc.)
- Experience in retail and wholesale credit risk modeling/validation is a plus
- Understanding of and experience in regulatory risk modeling/validation – SR 11-7, CECL, IFRS 9, CCAR, Basel IRB
$120,000 - $180,000 per annum, depending on location and experience.
BenefitsWe offer a competitive salary package, medical insurance, retirement plan, paid holidays, and flexible working hours.
-
Model Risk Validation Expert
2 months ago
Bengaluru, Karnataka, India Commonwealth Bank Full timeJob Title: Model Risk Validation ExpertOrganization: At Commonwealth Bank, we focus on helping people and businesses achieve their financial goals. We're committed to making a positive impact on our customers' lives and contributing to the growth of our community.Job Summary:We're seeking a highly skilled Model Risk Validation Expert to join our Risk...
-
Credit Risk Model Validation Expert
2 weeks ago
Bengaluru, Karnataka, India Genpact Full timeJob Description:We are seeking a highly skilled Credit Risk Model Validation Expert to join our team. As a key member of our Enterprise's Model Risk Management Teams, you will be responsible for working with the Model Risk Management team to validate credit risk models, implement new models, and document model validation activities for a BFS client in North...
-
Risk Validation Expert
4 weeks ago
Bengaluru, Karnataka, India E902 DWS India Private Limited, Maharashtra Branch Full timeCompany OverviewE902 DWS India Private Limited, Maharashtra Branch is a leading asset manager with EUR 841bn of assets under management. With over 60 years of experience, we have a reputation for excellence in the industry.Job DescriptionWe are seeking a highly skilled Risk Validation Expert - Quantitative Modeling to join our team. In this role, you will be...
-
Senior Quantitative Risk Model Validation Expert
2 weeks ago
Bengaluru, Karnataka, India Genpact Full timeJob DescriptionWe are seeking a highly skilled Senior Quantitative Risk Model Validation Expert to join our team in India (Bangalore, Gurgaon or Kolkata). This role offers an estimated salary of ₹25,00,000 per annum.About the Role:In this position, you will work closely with our Enterprise's Model Risk Management Teams to validate credit risk models for a...
-
Senior Quantitative Model Validation Expert
4 weeks ago
Bengaluru, Karnataka, India Genpact Full timeJob DescriptionWe are seeking a highly skilled and experienced Senior Quantitative Model Validation Expert to join our team in India (Bangalore, Gurgaon or Kolkata). As a key member of our Enterprise's Model Risk Management Team, you will be responsible for validating credit risk models for a BFS client in North America.In this role, you will work closely...
-
Model Risk Management Expert
6 days ago
Bengaluru, Karnataka, India Northern Trust Full timeJob Title: Model Risk Management ExpertWe are looking for an experienced Model Risk Management Expert to join our team at Northern Trust.Estimated Salary: $180,000 - $250,000 per year.About the Role:In this role, you will be responsible for evaluating existing model risk framework in relation to department objectives and industry leading practices. You will...
-
Senior Credit Risk Model Validation Expert
3 weeks ago
Bengaluru, Karnataka, India Genpact Full timeAbout the JobWe are seeking a highly skilled and experienced Senior Credit Risk Model Validation Expert to join our team. As a key member of our Enterprise's Model Risk Management Team, you will be responsible for working with our clients to validate their credit risk models, ensuring they meet regulatory requirements and are sound in...
-
Model Validation Lead
2 days ago
Bengaluru, Karnataka, India Genpact Full timeGenpact is a global professional services firm that designs and delivers smart solutions to its clients. With a team of 115,000+ curious and courageous minds, we have the expertise to drive business impact for the world's biggest brands.We're harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our...
-
Model Validation Expert
7 days ago
Bengaluru, Karnataka, India Acuity Knowledge Partners Full timeJob Description: Senior Associate - Risk ManagementWe are seeking a highly skilled Senior Associate - Risk Management to join our team at Acuity Knowledge Partners. In this role, you will be responsible for providing critical support to our risk management group, ensuring the accuracy and reliability of our quantitative models. With a focus on model...
-
Risk Model Validation Specialist
2 days ago
Bengaluru, Karnataka, India Genpact Full timeAt Genpact, we're seeking a highly skilled Risk Model Validation Specialist to join our team. As a key member of our Enterprise's Model Risk Management Teams, you will be responsible for validating credit risk models for a leading banking client in North America.The ideal candidate will have hands-on experience in BFS analytical projects, supporting...
-
Quantitative Risk Model Validator
2 days ago
Bengaluru, Karnataka, India Acuity Knowledge Partners Full timeJob Description:As a Quantitative Risk Model Validator at Acuity Knowledge Partners, you will play a crucial role in ensuring the accuracy and reliability of our clients' financial models. Your primary responsibility will be to validate CCAR stress testing models used for internal risk management and regulatory submissions.Responsibilities:- Gain a deep...
-
Senior Credit Risk Model Validator
2 weeks ago
Bengaluru, Karnataka, India Genpact Full timeJob DescriptionWe are seeking a highly skilled Senior Credit Risk Model Validator to join our team in India (Bangalore, Gurgaon or Kolkata).About the RoleThis is an exciting opportunity for a seasoned professional to work with our Enterprise's Model Risk Management Teams for model validation, implementation & documentation - for a BFS client in North...
-
Senior Credit Risk Model Validator
3 weeks ago
Bengaluru, Karnataka, India Genpact Full timeWe are seeking a highly skilled Senior Credit Risk Model Validator to join our team in India. As a key member of our Enterprise's Model Risk Management Teams, you will be responsible for working with models, implementation & documentation - for a BFS client in North America.Company OverviewGenpact is an Equal Opportunity Employer and considers applicants for...
-
Bengaluru, Karnataka, India Northern Trust Full timeJob Description:Northern Trust is seeking a highly skilled Quantitative Risk Model Validation Specialist to join our team. As a key member of our risk management group, you will be responsible for validating complex analytical models used in Liquidity Risk Management and Market Risk Management.About the Role:This role requires a strong understanding of...
-
Lead Credit Risk Model Validator
4 weeks ago
Bengaluru, Karnataka, India Genpact Full timeJob Summary">We are seeking a seasoned Credit Risk Model Validator to join our team at Genpact. This role will involve working closely with the Enterprise's Model Risk Management Teams for model validation, implementation & documentation - specifically on independent model validation for credit risk models.">The ideal candidate will have hands-on experience...
-
Bengaluru, Karnataka, India Genpact Full timeAbout the RoleWe are seeking a highly skilled Senior Quantitative Model Validator to join our team. As a key member of our Enterprise's Model Risk Management team, you will be responsible for validating credit risk models for one of our leading BFS clients in North America.Key ResponsibilitiesWork with the Model Risk Management team to validate credit risk...
-
Risk Modeling Specialist
3 weeks ago
Bengaluru, Karnataka, India Acuity Knowledge Partners Full timeAcuity Knowledge Partners is seeking a skilled Risk Modeling Specialist to support our engagements with leading financial institutions. With a strong focus on market risk model validation and monitoring, this role will play a critical part in helping us deliver high-quality services to our clients.About the RoleWe are looking for an experienced professional...
-
Risk Management Validation Professional
2 days ago
Bengaluru, Karnataka, India Northern Trust Full timeJob Summary:We are seeking a highly skilled Financial Analytics Modeling Expert to join our team at Northern Trust. As a key member of our risk management group, you will be responsible for validating complex analytical models used in Liquidity Risk Management and Market Risk Management. This role requires a strong understanding of business unit functions...
-
Model Validation Risk Analyst
4 weeks ago
Bengaluru, Karnataka, India Intris Consulting Private Limited Full timeAbout the RoleIntris Consulting Private Limited is seeking a highly skilled Model Validation Risk Analyst to join our team. As a key member of our risk management team, you will be responsible for overseeing the validation and testing of quantitative models used across the organization.
-
Senior Quantitative Risk Model Validator
3 weeks ago
Bengaluru, Karnataka, India First Abu Dhabi Bank Full timeJob Summary: We are seeking an experienced Senior Quantitative Risk Model Validator and Governance Lead to lead model validation and monitoring for non-Retail models within our Global Banking Services (GBS) team. The ideal candidate will have a strong background in statistical science, technical knowledge of risk models, and industry experience with...