Manager - Model Risk

6 hours ago

Gurgaon, Haryana, India Fidelity International Full time ₹ 15,00,000 - ₹ 60,00,000 per year
About the OpportunityJob Type: PermanentApplication Deadline: 24 November 2025

Job Description

Title Manager - Model Risk

Department      Model Risk (Enterprise Risk Management)

Location Gurugram/Bengaluru

Reports To       Associate Director

Level 5

We're proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join our team and feel like you're part of something bigger.

About your team

The Enterprise Risk Management ('ERM') function is led from Singapore and the primary purpose of the ERM team is to ensure that the business is managing risk within its agreed risk appetite, and in accordance with ERM Framework in place. The ERM function is also responsible for capital management, key risk regulatory reporting, policy governance and the ERM framework. It also acts as the oversight function for model risk, strategic risk, financial risk, ESG risk and strategic ventures.

About your role

A senior model validation professional with a primary responsibility for independently completing model validation exercises. This role requires a deep understanding of modelling (preferable asset management modelling experience), their underlying mathematics, and the technology used for implementation. The ideal candidate will possess a strong background in model validation or development within financial institutions or consulting firms. The Model Risk Manager will tackle challenges related to complex and extensive models and innovate solutions to support effective model risk assessment. As an experienced Model Validation Quant, this role focuses on engaging with business, i.e. model owner and developers in a model validation exercise, conducting in-depth validation analyses, identifying potential issues and communicate effectively to relevant stakeholders. It will also involve facilitating knowledge sharing and effective risk management to benefit the team and the wider business while maintaining strict adherence to FIL's Model Risk Policy and procedures.

About you

  • Strong expertise in at least one of the following areas: model usage in asset management, risk management, finance, AI/ML, or related domains (e.g., fair valuation, performance attribution).
  • Minimum of 4 years' experience in quantitative modelling and model validation within the financial industry.
  • Advanced degree in a quantitative discipline such as Mathematics, Statistics, Computer Science, Economics, or a related field (preferred).
  • Proficiency in programming languages such as Python, R, or MATLAB.
  • Ability to demonstrate project delivery across model validation, model documentation will be highly advantageous.
  • CQF/FRM/CFA designation would be advantageous.
  • Hands-on mentality with excellent analytical, problem-solving and written skills.
  • Excellent at providing innovative ideas and comfortable working under pressure.
  • Dedicated to maintaining high quality standards and client satisfaction.

Feel rewarded

For starters, we'll offer you a comprehensive benefits package. We'll value your wellbeing and support your development. And we'll be as flexible as we can about where and when you work – finding a balance that works for all of us. It's all part of our commitment to making you feel motivated by the work you do and happy to be part of our team. For more about our work, our approach to dynamic working and how you could build your future here, visit

For more about our work, our approach to dynamic working and how you could build your future here, visit

  • Risk Modelling Manager

    4 days ago

    Gurgaon, Haryana, India NatWest Group Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Risk Modelling Manager, AVP Join us as a Risk Modelling ManagerThis is a key role where we'll look to you to lead the development and maintenance of quantitative models used in the bank's risk frameworks You'll have the chance to supervise the day-to-day operation of analysts in your team, giving depth and variety to your development You'll be...

  • Risk Modelling Manager, AVP

    6 days ago

    Gurgaon, Haryana, India RBS Full time ₹ 2,00,00,000 - ₹ 2,50,00,000 per year

    Join us as a Risk Modelling ManagerThis is a key role where we'll look to you to lead the development and maintenance of quantitative models used in the bank's risk frameworksYou'll have the chance to supervise the day-to-day operation of analysts in your team, giving depth and variety to your developmentYou'll be joining a team with a collaborative culture...

  • Manager- Model Risk Management

    1 week ago

    Gurgaon, Haryana, India Evalueserve Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Elevate Your Impact Through Innovation and LearningEvalueserve is a global leader in delivering innovative and sustainable solutions to a diverse range of clients, including over 30% of Fortune 500 companies. With a presence in more than 45 countries across five continents, we excel in leveraging state-of-the-art technology, artificial intelligence, and...

  • Model Risk Analyst

    2 weeks ago

    Gurgaon, Haryana, India Sbi Cards And Payment Services Limited Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Senior Manager - Model Risk Analyst About the company SBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge...

  • Model Risk Quantitative Analyst, VP

    2 weeks ago

    Gurgaon, Haryana, India RBS Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Join us as a Model Risk Quantitative AnalystIf you have excellent quantitative modelling skills and a talent for problem solving, we think you'll enjoy a real sense of purpose in this roleYou'll be harnessing your mathematical prowess to evaluate and validate sophisticated and widely used pricing models across our bankIt's a chance to deepen your knowledge,...

  • Model Development Manager

    2 weeks ago

    Gurgaon, Haryana, India EXL SERVICES Full time ₹ 1,20,000 - ₹ 1,80,000 per year

    Manager We are seeking an experienced banking professional with a strong background in model development to join our growing analytics and risk team. The ideal candidate will bring 3 to 5 years of hands-on experience in developing, validating, and implementing statistical and risk models within the banking or financial services sector. In this role, you...

  • Risk Manager

    2 days ago

    Gurgaon, Haryana, India Cosmofeed Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Job Title: Risk ManagerLocation: GurgaonAbout the Role:We're looking for a skilled Risk Manager to join our team at SuperProfile. As the leader of our Risk Management function, you'll play a critical role in identifying, assessing, and mitigating risks across our payments and transaction ecosystems. Your expertise will help us ensure secure, scalable, and...

  • Credit Risk Management

    2 weeks ago

    Gurgaon, Haryana, India Fusion Finance Ltd Full time ₹ 8,00,000 - ₹ 16,00,000 per year

    Role SummaryWe are looking for a manager with expertise in the credit risk area. The ideal candidate will have a solid understanding of credit risk portfolio management, reporting, risk frameworks, and policy formulation, including liquidity management. You will play a crucial role in enhancing our credit portfolio analysis processes and improving our...

  • Senior Risk Manager

    1 week ago

    Gurgaon, Haryana, India BharatPe Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Functional ExpertiseRisk Model Development & ValidationDesign, develop, and validate credit risk models (PD, LGD, EAD)Excellent hands-on development experience in building A/B/C scorecardsImplement model monitoring frameworks and performance tracking systemsConduct model back testing and stress testing exercisesExtensive experience in building data pipelines...

  • Analyst-Risk Management

    4 days ago

    Gurgaon, Haryana, India American Express Full time ₹ 40,00,000 - ₹ 80,00,000 per year

    At American Express, our culture is built on a 175-year history of innovation, shared values and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new...