Credit risk Model Validation | 6 to 12 years | Mumbai, Pune
3 days ago
- Conduct independent validations of models, including but not limited to credit risk, market risk,
- counterparty credit risk, fraud detection, Stress Testing, AML and forecasting models.
- Should have model validation exposure in at least 2-3 of the areas listed above.
Assess conceptual soundness, data quality, implementation accuracy, and performance of models. - Prepare comprehensive validation reports detailing findings, methodologies, and recommendations.
- Document validation processes to ensure transparency and compliance with regulatory requirements.
- Ensure models adhere to relevant guidelines such as SR 11-7, EBA 2017/16, CCAR, Basel III, and other applicable standards.
- Practice Management
- Participate in providing responses to Request for Proposals (RFP)
- Participate in development of Capability Packs
- Train team members on model validation and regulators aspects
- 1–3 years of hands-on experience in model validation, quantitative modelling, or risk management.
- Strong understanding of model risk, validation frameworks, and regulatory requirements.
- Strong technical skills in python. Knowledge of SAS and SQL is added advantage
- Excellent problem-solving and analytical skills.
- Strong written and verbal communication skills to convey complex concepts effectively.
- Ability to Multitask in a dynamic, fast-paced environment and manage multiple priorities.
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