
IT- Quantitative Risk Analyst
2 weeks ago
· Independently assess the conceptual framework, methodology, data, and implementation of models.
· Validate models using Statistical and Machine Learning methods
· Suggesting and proposing changes in Models
· Evaluate potential risks associated with model usage and performance, including financial, operational, and reputational risks
· Conduct independent performance reviews, back-testing and benchmarking.
· Ensure compliance with RBI and other regulatory standards
· Collaborate with model development team, compliance, audit, and risk teams.
Maintain clear, auditable documentation of validation processes and findings.
- Skill Set (Must)
Strong foundation in statistics, data science or quantitative finance - Good understanding of financial risks and regulatory expectations
Excellent analytical, communication, and documentation skills
5-8 yrs of Experience in model validation or development in the banking or financial services sector
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