Model Risk Manager

2 days ago

Bengaluru, Karnataka, India beBeeRisk Full time ₹ 1,50,000 - ₹ 28,00,000
Job Opportunity

We are seeking a highly skilled professional to join our team as an Associate Director in CCIB Model Monitoring.

This role requires a strong analytical mindset, excellent communication skills, and the ability to work effectively in a fast-paced environment. The successful candidate will be responsible for ensuring the monitoring outputs are fit for purpose and align with regulatory requirements.

  • The ideal candidate will have 7-10 years of experience in a Wholesale Banking model development/validation/monitoring role and possess a degree in a quantitative discipline.
  • They will also have hands-on experience with Python and proficiency in SAS, with knowledge of Tableau being a plus.

About the Role:

This is an exciting opportunity for a seasoned professional to take on a challenging role and make a significant impact on our organization. As an Associate Director in CCIB Model Monitoring, you will be responsible for overseeing the end-to-end model monitoring cycle, from data gathering and cleansing to documentation and presentations to key stakeholders.

  • You will elevate the current monitoring outputs to best-in-class by adding analytical insights and ensure that all monitoring results and analysis comply with Group monitoring standards.
  • You will also have a good understanding of IFRS9 and IRB CRR requirements and be able to ensure the monitoring outputs are fit for purpose not only for regulatory capital and ECL estimates but also for daily business usage, underwriting decisions, risk appetite decisions, and strategy design.

Key Responsibilities:

- Ensure the monitoring process and models meet the Bank's Model Risk Policy and Model Family Standards

- Provide timely and high-quality responses to both internal and external queries and requests

Requirements:

  • Degree in a quantitative discipline (e.g., Mathematics, Economics, Statistics, Computer science, Financial Engineering)
  • 7-10 years of experience in a Wholesale Banking model development/validation/monitoring role
  • Hands-on experience with Python and proficiency in SAS
  • Knowledge of Tableau
  • Good understanding of IFRS9 and IRB CRR requirements

What We Offer:

We offer a dynamic and supportive work environment, opportunities for career growth and development, and a competitive salary package. If you are a motivated and experienced professional looking for a new challenge, please submit your application.

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