Senior Model Validation Professional

2 days ago


Mumbai, Maharashtra, India beBeeModelRisk Full time ₹ 9,00,000 - ₹ 12,00,000
Model Risk Specialist

We are seeking a skilled Model Risk Specialist to join our team. This is an exciting opportunity for a qualified professional to take on a challenging role in model validation and risk management.


About the Role

The successful candidate will have extensive experience in model validation, with a strong background in PD, EAD, and LGD models for IRB and/or IFRS 9 across retail and/or corporate portfolios.


Responsibilities
  • To develop and implement robust model validation processes to ensure compliance with regulatory requirements.
  • To conduct thorough reviews of model documentation, including data quality, model assumptions, and risk management practices.
  • To identify areas for improvement and recommend changes to enhance model performance and risk management.

Requirements
  • Masters degree in Mathematics, Statistics or related field.
  • Minimum 10 years' experience in model risk and validation.
  • Strong analytical and problem-solving skills.
  • Demonstrable proficiency in Python programming language and supporting environments (e.g. Visual Studio).

What We Offer

We offer a competitive salary and benefits package, as well as opportunities for professional growth and development.



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