Model Validation Expert

3 days ago

Bengaluru, Karnataka, India beBeeSeniorAnalyst Full time ₹ 1,20,00,000 - ₹ 2,04,00,000

**Job Description:**

MUFG Bank is seeking an experienced professional to join its team as a Senior Analyst. As a key member of the Model Validation team, you will be responsible for independently validating quantitative methodologies and models across various asset classes.

The ideal candidate will have a strong background in mathematics and probability theory, with excellent programming skills in Python or R. You will work closely with cross-functional teams to ensure that models are validated in line with regulatory requirements and industry best practices.

**Key Responsibilities:**

  • Initial and periodic validation of quant models
  • Designing, modeling, and prototyping challenger models
  • Quantitative analysis and review of model frameworks, assumptions, data, and results
  • Testing models numerical implementations and reviewing documentations
  • Checking adherence to governance requirements

**Requirements:**

  • At least 2 years of relevant experience in quantitative modeling (model development or validation)
  • Good knowledge of simulation and numerical methods
  • Experience with AI models is beneficial

**Preferred Qualifications:**

  • Postgraduate degree in a quantitative discipline
  • Strong problem-solving skills
  • Excellent written and oral communication skills

**Work Environment:**

Bengaluru

**Benefits:**

A competitive salary and benefits package

**What We Offer:**

Equal opportunity employer committed to diversity and inclusion

A dynamic and collaborative work environment

Opportunities for growth and professional development

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