Risk Model Validation Specialist

4 days ago


Mumbai City Navi Mumbai Mumbai, India beBeeDataAnalyst Full time ₹ 15,00,000 - ₹ 20,00,000

Role and Responsibilities

The primary function of this position involves evaluating the effectiveness of scoring, economic capital, and rating models using statistical and machine learning techniques.

  • Review and assess model governance, development, validation, documentation, and implementation to evaluate the effectiveness of the scoring, economic capital, and rating models.
  • Draft detailed audit reports with assessment details, prepare supporting workpapers, and clearly document observations with implications and recommendations for corrective actions.
  • Utilize various modeling, data analysis, and programming tools to automate audit testing.
  • Analyze large, complex datasets to identify anomalies, trends, and risks.
  • Evaluate models across multiple functional domains, such as wholesale, retail, fraud, etc.
  • Proficiency in Python/R, SQL Server, SAS, Excel, JIRA, Bitbucket is required.
  • Opportunity to contribute to one or more areas of audit covering risk functions like credit risk, market risk, operational risk, Pillar II, ICAAP, ERM, Fraud Risk.

Preferred Candidate Profile

  • A master's degree in Statistics, Mathematics, or related fields is preferred.
  • 7-12 years of experience in the financial services industry, preferably with model development, validation, model risk audit, data analytics is required.


  • Mumbai City, Navi Mumbai, Mumbai, India beBeeModelGovernance Full time US$ 90,000 - US$ 1,20,000

    Model Governance Risk SpecialistWe are seeking a skilled Model Governance Risk Specialist to review and assess the effectiveness of various models used in the financial services industry. The ideal candidate will have a strong background in statistical and machine learning techniques, with expertise in model governance, development, validation,...


  • Mumbai, Maharashtra, India Deutsche Bank Full time

    Job DescriptionModel Validation Specialist - AssociatePosition OverviewIn Scope of Position based Promotions (INTERNAL only)Job Title:Model Validation Specialist- Derivative PricingLocation: Mumbai, IndiaRole DescriptionModel Risk Management's mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with...


  • Mumbai, Maharashtra, India beBeeModelRisk Full time ₹ 9,00,000 - ₹ 12,00,000

    Model Risk SpecialistWe are seeking a skilled Model Risk Specialist to join our team. This is an exciting opportunity for a qualified professional to take on a challenging role in model validation and risk management.About the RoleThe successful candidate will have extensive experience in model validation, with a strong background in PD, EAD, and LGD models...


  • Mumbai, Maharashtra, India beBeeModelValidation Full time US$ 1,50,000 - US$ 2,20,000

    Model Validation Role About the role, we are seeking a skilled professional to join our team as a Model Validation Specialist. In this exciting opportunity, you will play a key part in ensuring the accuracy and reliability of our models. Job Description: The primary objective of this role is to validate and verify the effectiveness of quantitative...


  • Mumbai, India Deutsche Bank Full time

    **Job Title: Model Validation Specialist** **Corporate Title: AVP** **Location: Mumbai** **CRO Overview** - The Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and has the responsibility of continual development of methods for risk measurement,...


  • Mumbai, India Deutsche Bank Full time

    **In Scope of Position based Promotions (INTERNAL only)** **Job Title: Model Validation Specialist** **Corporate Title: AVP** **Location: Mumbai** **Role Description** The Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and has the responsibility...


  • Mumbai, Maharashtra, India Deutsche Bank Full time

    Job DescriptionMoRM Americas Model Validation Specialist - AssociatePosition OverviewIn Scope of Position based Promotions (INTERNAL only)Job Title: MoRM Americas Model Validation Specialist - AssociateLocation: Mumbai, IndiaRole DescriptionModel Risk Management's mission is to manage, independently and actively, model risk globally in line with the bank's...


  • Mumbai, Maharashtra, India beBeeValidation Full time ₹ 1,00,00,000 - ₹ 1,25,00,000

    Job Title:Model Validation ProfessionalPosition Overview:This role involves performing thorough and independent model validation to ensure early identification of potential model risks, effective risk management, and establishment of robust model risk metrics.Key Responsibilities:The core responsibility is to validate IB stress testing models used within the...


  • Mumbai, Maharashtra, India RAREFIND HR CONSULTING PRIVATE LIMITED Full time

    Modelling experience: Considerable experience in model validation of, at a minimum, PD, EAD and LGD models for IRB and/or IFRS 9 across retail and/or corporate portfolios.Coding proficiency: Demonstrable proficiency of coding in the Python programming language and supporting environments (e.g. Visual Studio).Experience: Minimum 10 years of experience in...


  • Mumbai, Maharashtra, India RAREFIND HR CONSULTING PRIVATE LIMITED Full time

    Modelling experience: Considerable experience in model validation of, at a minimum, PD, EAD and LGD models for IRB and/or IFRS 9 across retail and/or corporate portfolios. Coding proficiency: Demonstrable proficiency of coding in the Python programming language and supporting environments (e.g. Visual Studio). Experience: Minimum 10 years of experience in...