Avp Model Risk Pricing Validation
1 week ago
. Join us as a "Model Risk pricing Validation speacalist " at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences. Location-Mumbai The Traded Models IVU team is responsible for the quantitative review and challenge across EoD pricing models, market risk pricing models, counterparty credit risk pricing models and related finance models and is part of the wider IVU team. Essential Skills/Basic Qualifications: Desirable skills/Preferred Qualifications: **Purpose of the role** To validate and approve models for specific usages both at inception and on a periodic basis, and of model changes, as well as conducting annual reviews. **Accountabilities** - Validation of models for their intended use and scope, commensurate with the complexity and materiality of the models. - Approval or rejection of a model or usage based on assessment of the model’s conceptual soundness, performance under intended use and the clarity of the documentation of the model’s inherent risks, limitations and weaknesses. - Assessment of any compensating controls used to mitigate Model risk. - Documentation of validation findings and recommendations in clear and concise reports, providing actionable insights for model improvement. - Evaluation of the coherence of model interactions and quality of Large Model Framework aggregate results that generate output for regulatory submissions or management decision making and planning. - Design of the framework and methodology to measure and, where possible, quantify model risk, including the assessment of framework level uncertainty. **Assistant Vice President Expectations** - Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues. - Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda. - Take ownership for managing risk and strengthening controls in relation to the work done. - Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function. - Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy. - Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively. - Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience. - Influence or convince stakeholders to achieve outcomes. All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship - our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset - to Empower, Challenge and Drive - the operating manual for how we behave.
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Mumbai, India Deutsche Bank Full timeIn Scope of Position based Promotions (INTERNAL only) Job Title: Model Validation Senior Specialist- Derivative Pricing, AVP Location: Mumbai, India Role Description Model Risk Management's mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for: Performing robust independent model...
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Mumbai, India Deutsche Bank Full timeIn Scope of Position based Promotions (INTERNAL only) Job Title: Model Validation Senior Specialist- Derivative Pricing, AVP Location: Mumbai, India Role Description Model Risk Management's mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for: Performing robust independent model...
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Pricing Model Validation Lead
6 days ago
Mumbai, Maharashtra, India Deutsche Bank Full time ₹ 12,00,000 - ₹ 36,00,000 per yearJob Title: Model Validation Lead- Derivative PricingCorporate Title: VPRole DescriptionModel Risk Managements mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for:Performing robust independent model validation;Ensuring early and proactive identification of Model Risks;Designing...
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Mumbai, Maharashtra, India Deutsche Bank Full time ₹ 12,00,000 - ₹ 36,00,000 per yearModel Risk Managements mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for:Performing robust independent model validation;Ensuring early and proactive identification of Model Risks;Designing and recommending Model Risk Appetite;Effectively managing and mitigating Model...
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Mumbai, India Deutsche Bank Full timeJob Description Position Overview In Scope of Position based Promotions (INTERNAL only) Job Title: Model Validation Senior Specialist- Derivative Pricing, AVP Location: Mumbai, India Role Description Model Risk Management's mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for: -...
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Mumbai, India Deutsche Bank Full timeDescription Model Risk Management’s mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for: Performing robust independent model validation; Ensuring early and proactive identification of Model Risks; Designing and recommending Model Risk Appetite; Effectively managing and...
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Mumbai, India Deutsche Bank Full timeDescription Model Risk Management’s mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for: Performing robust independent model validation; Ensuring early and proactive identification of Model Risks; Designing and recommending Model Risk Appetite; Effectively managing...
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Pricing Model Validation Lead
2 days ago
Mumbai, India Deutsche Bank Full timeJob Title: Model Validation Lead- Derivative Pricing Corporate Title: VP Location: Mumbai, India Role Description Model Risk Management's mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for: Performing robust independent model validation; Ensuring early and proactive...
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Pricing Model Validation Lead
2 days ago
Mumbai, India Deutsche Bank Full timeJob Title: Model Validation Lead- Derivative Pricing Corporate Title: VP Location: Mumbai, India Role Description Model Risk Management's mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for: Performing robust independent model validation; Ensuring early and proactive...
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Pricing Model Validation Lead
2 weeks ago
Mumbai, India Deutsche Bank Full timeJob Description Position Overview Job Title: Model Validation Lead- Derivative Pricing Corporate Title: VP Location: Mumbai, India Role Description Model Risk Management's mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for: - Performing robust independent model validation; -...
