Model Development-Gurgaon
2 days ago
Location -Gurgaon
Time 1 pm to 10pm
Both sides cab available
- Looking for candidate who can develop models related to credit Risk Model, FICO Model. Ensure models are accurately tuned and meet regulatory and business requirements.
- Prepare detailed reports and presentations on fraud trends, model performance, and recommendations for improvement. Communicate findings to stakeholders and senior management effectively.
- Create and maintain comprehensive Model Development Reports (MDRs) summarizing validation activities, methodologies, and results.
- Conduct thorough assessments of financial crime models to identify strengths, weaknesses, and areas for improvement.
- Perform detailed data analysis to evaluate the accuracy and reliability of fraud-related findings.
- Identify any discrepancies or anomalies in the data provided by financial crime vendors.
- Ensure all documentation adheres to regulatory and organizational standards.
- Collaborate with model development, and compliance teams to address any concerns or issues identified during the validation process.
Stay abreast of industry best practices and regulatory changes related to credit reporting and scoring
- Bachelors/ masters degree in Statistics, Economics or a related field (FRM is a plus).
- 1 -5 years of experience in Model validation and monitoring of Fraud/Financial crime models.
- Familiarity with fraud detection systems and vendors such as FICO, VISA and STAR is a plus.
- Hands-on experience in programming languages like SQL, Python and advanced excel.
- Excellent communication and interpersonal skills.
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