Model Governance Specialist

7 days ago


Bengaluru, Karnataka, India MUFG Global Service Private Limited Full time
Job Summary:

We are seeking a talented Model Governance Specialist to join our Model Risk Management team at MUFG Global Service Private Limited. The successful candidate will be responsible for ensuring that all quantitative models used by MUFG in EMEA are validated and compliant with regulatory requirements and industry best practices. This includes conducting independent validation of risk models, designing challenger models, and communicating complex technical concepts clearly and effectively.

The ideal candidate will have a strong background in quantitative modelling, excellent problem-solving skills, and a logical approach to work. Additionally, they must be able to work collaboratively in a dynamic environment and communicate effectively with stakeholders.

Key Responsibilities:
- Conduct independent validation of risk models across all asset classes and model types.
- Design and implement challenger models to ensure independence and objectivity.
- Communicate complex technical concepts clearly and effectively to stakeholders.

Requirements:
- At least 1 year of experience in quantitative modelling (model development or validation) in market risk models, counterparty credit risk models, derivatives pricing models, or capital models.
- Strong problem-solving skills, numerical skills, and logical approach to work.
- Excellent written and oral communication skills to explain technical matters clearly.

Salary: ₹1,200,000 - ₹1,800,000 per annum based on qualifications and experience.

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