Risk - Associate - Model Risk

2 days ago


Hyderabad Secunderabad Telangana, India Goldman Sachs Full time ₹ 9,00,000 - ₹ 12,00,000 per year
Job Description

The Risk - Associate - Model Risk role involves supporting the development and validation of risk models to ensure they meet regulatory standards and effectively assess financial risks. The ideal candidate will work closely with various teams to analyze model performance and contribute to the overall risk management framework.

Responsibilities
  • Assist in the development and validation of risk models used for assessing credit and market risks.
  • Conduct quantitative analysis to evaluate model performance and ensure accuracy.
  • Collaborate with cross-functional teams to implement model risk policies and procedures.
  • Support the documentation of model development processes and validation results.
  • Perform stress testing and scenario analysis to assess model resilience under various conditions.
Skills and Qualifications
  • Bachelor's degree in Finance, Mathematics, Statistics, Engineering, or a related field.
  • Strong analytical skills with proficiency in statistical analysis and modeling techniques.
  • Familiarity with programming languages such as Python, R, or SAS for model development and validation.
  • Understanding of risk management principles and regulatory requirements related to model risk.
  • Excellent communication skills to present findings and collaborate with stakeholders.


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