Risk Model Validation Lead
2 weeks ago
NovoTree Minds Consulting Private Limited is seeking a highly skilled Risk Model Validation Lead to join our team. The successful candidate will be responsible for validating and monitoring risk models used across various business lines, ensuring their accuracy and reliability.
Key AccountabilitiesThe successful candidate will have the following key accountabilities:
- Validate and monitor risk models to ensure their accuracy and reliability.
- Develop and deliver training programs for validation staff and other stakeholders on model validation concepts and techniques.
- Participate in model governance committees and working groups, providing regular updates and recommendations to senior management.
- Prepare reports and presentation materials for risk committees and senior management.
The ideal candidate will have:
- A Master's degree in Statistics, Quantitative Economics, or Quantitative Finance, with a minimum of 6-12 years of experience in analytical and risk management domains.
- Strong conceptual knowledge in credit risk, market risk, ALM, AML, fraud risk, and collections.
- Hands-on experience with SAS, Python, and R programming languages.
- In-depth knowledge of regulatory requirements related to model validation.
- Excellent communication and interpersonal skills.
The estimated salary for this position is ₹35,00,000 - ₹50,00,000 per annum, depending on qualifications and experience.
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