Manager - Model Risk Management

1 week ago


Mumbai, Maharashtra, India Skill Ventory Full time

Roles and Responsibilities

Team Leader- Model Risk Management

Experience: + Years with at least 7 years' experience in Model Risk management in BFSI

Grade: OL

Roles and Responsibilities:

Updates and monitors compliance with the Model Governance Policy, the MRM Policies and Procedures, including gap analysis and road map to the target state for each model.

Manages the model inventory and the periodic model inventory attestation process including model definition, risk rating and model process rationalization.

Define roles and responsibilities for Model Governance; maintain inventory of critical roles (specifically, model risk ownership)

Define and monitor key activities related to model validation and monitoring

Define the standard and the delivery of model independent testing

Promotes a strong model risk control culture and develop communication strategies to improve model risk awareness.

Proactively maintains effective partnerships with the model validation analysts, model owners, business level risk management teams and auditors, internal and external to execute sound model risk governance and resolve all issues in a timely manner.

Desirable Qualifications:

Advanced knowledge of traditional risk management and its relationship within a highly complex and matrixed environment

Experience with risk identification, assessment, and mitigation of material risks, while assisting risk owners (1st line of defence) with development of controls and mitigation plans

Strong organizational skills with proven ability to collaborate in a global, matrix environment

Ability to engage and influence leaders and decision makers within the organization

Robust understanding of risk management methodologies and frameworks to drive and maintain department adoption.

Ability to translate observations of global trends in Model Governance into streamlined processes and effective internal & external communication strategies

Knowledge of model life cycle methodologies preferably in a bank or NBFC or regulatory environment.



  • Mumbai, Maharashtra, India beBeeModelRiskManagement Full time

    Role Summary:">The Model Risk Management Group is responsible for conducting model validation to identify, measure, and mitigate model risk.">Key Responsibilities:">Oversee maintaining the group's governing policies and procedures.Work on consistency, best practices, and improvements to model risk management processes.Be part of the central Governance team,...

  • Senior Risk Modeler

    3 days ago


    Mumbai, Maharashtra, India beBeeCredit Full time

    Job OverviewThis role involves a multifaceted approach to credit risk management, encompassing model development, validation, and stress testing.Develop advanced quantitative models for assessing credit risk, including PD, LGD, and EAD.Work with large datasets to develop robust models that accurately estimate credit risk exposure.Design and refine models to...

  • Senior Risk Manager

    3 days ago


    Mumbai, Maharashtra, India beBeeRiskManagement Full time

    Job Title: Risk Management ProfessionalWe are seeking a highly skilled Risk Management Professional to join our team. The successful candidate will be responsible for conducting risk monitoring, analysis, and reporting across various risk types and asset classes.About the RoleConduct thorough risk monitoring and analysis to identify potential risks and...


  • Mumbai, Maharashtra, India beBeeCounterparty Full time

    Job Title:Quant Analytics Counterparty Credit Risk ProfessionalJob Description:To excel in this role, you should have experience with various models and frameworks in Counterparty Credit Risk (CCR) management.You must have knowledge of IMM Models, SA-CCR, CVA, BASEL Framework, Monte Carlo Simulation, Exposure/Collateral Modelling, PFE, EPE, EPPE, Derivatives...

  • Risk Manager

    3 weeks ago


    Mumbai, Maharashtra, India CFM Asset Reconstruction Private Limited Full time

    Job PurposeTo support the development, implementation, and continuous improvement of the Enterprise Risk Management framework of the ARC, ensuring identification, assessment, monitoring, and mitigation of risks across business lines, in line with regulatory expectations (e.g., RBI guidelines), internal policies, and best practices.Key Responsibilities...

  • Risk Manager

    1 week ago


    Mumbai, Maharashtra, India CFM Asset Reconstruction Private Limited Full time

    Job Purpose To support the development, implementation, and continuous improvement of the Enterprise Risk Management framework of the ARC, ensuring identification, assessment, monitoring, and mitigation of risks across business lines, in line with regulatory expectations (e.g., RBI guidelines), internal policies, and best practices. Key Responsibilities...

  • Risk Manager

    2 weeks ago


    Mumbai, Maharashtra, India CFM Asset Reconstruction Private Limited Full time

    Job Purpose To support the development, implementation, and continuous improvement of the Enterprise Risk Management framework of the ARC, ensuring identification, assessment, monitoring, and mitigation of risks across business lines, in line with regulatory expectations (e.g., RBI guidelines), internal policies, and best practices. Key Responsibilities...


  • Mumbai, Maharashtra, India beBeeCreditRisk Full time ₹ 15,00,000 - ₹ 20,00,000

    A Lead Credit Officer is required to manage and lead the credit risk management function for a portfolio in the Asia Pacific region. The role involves supervising an assigned portfolio of corporate clients across various industries, conducting due diligence, structuring, and documentation for transactions, as well as reviewing forward-looking credit analysis...

  • Credit Risk Manager

    2 days ago


    Mumbai, Maharashtra, India Nuvama Group Full time

    Key Responsibilities:Perform comprehensive credit risk evaluations of corporates, especially within the financial services domain (NBFCs, fintechs, corporates, etc.).Analyze financial statements, business models, and sector-specific risks to assess creditworthiness.Conduct in-depth due diligence, including participation in business meetings with...


  • Mumbai, Maharashtra, India beBeeRisk Full time

    Job DescriptionUnlock the potential of our organization by taking on a senior role in risk management. In this position, you will be responsible for developing and implementing models to mitigate investment risks.As a key member of the team, you will collaborate with colleagues to ensure that our investment strategies are aligned with our clients' needs and...