Senior Model Risk Manager

4 weeks ago


Pune, Maharashtra, India THE BANK OF NEW YORK MELLON CORPORATION Full time

Transformative Model Risk Management

BNY Mellon is seeking a seasoned Senior Model Risk Manager to join our esteemed Model Risk Management Group (MRMG). As a key member of our team, you will be responsible for executing enterprise standards for model validation, identifying and evaluating model risk, and proposing controls to manage that risk.

Key Responsibilities:

  • Lead work to identify and evaluate model risk, proposing controls to manage that risk
  • Investigate the weaknesses of a framework and set the scope and designing tests for a validation effort
  • Review machine learning, artificial intelligence approaches, as well as traditional models
  • Design and execute tests for conceptual framework and outcomes

Requirements:

  • Master's Degree/PhD in a quantitative discipline (engineering or mathematics or physics or statistics or econometrics or data science)
  • Minimum - years of core tech skills required
  • Understanding of design, development, and implementation of machine learning, artificial intelligence and traditional models
  • Modelling experience required
  • Programming skills in one of those languages: Python, R, Matlab or similar

About BNY Mellon:

BNY Mellon is a global leader in investment management and investment services, with a rich history of innovation and a commitment to excellence. We offer a dynamic and inclusive work environment, with opportunities for growth and development.


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