Risk Assessment and Development Expert

1 day ago


Chennai, Tamil Nadu, India ProEx Labs Full time

**About the Role**

As a Model Development and Validation Specialist at ProEx Labs, you will play a critical role in supporting our client's decision-making processes by developing, validating, and implementing quantitative models.

You will work closely with cross-functional teams to identify modeling needs and objectives, and design and implement statistical models for forecasting, risk assessment, and performance evaluation.

**Responsibilities Include:**

  • End-to-end model development from segmentation to model performance.
  • Thorough validation of existing models to ensure accuracy and reliability.
  • Back-testing and stress testing of models to assess their robustness.

**We Offer:**

  • An estimated salary range of $90,000 - $120,000 per year based on industry standards and location.
  • A comprehensive benefits package that includes health insurance, retirement planning, and professional development opportunities.

**Requirements:**

  • Bachelor's degree in Statistics, Mathematics, Economics, Data Science, or a related field; master's preferred.
  • Proven experience in model development or validation in Banking sector for retail risk space (scorecard model development/validation experience preferred).
  • Mandatory hands-on in SQL, with experience in SAS (preferred), Python, R.


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