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  • 3 - 6 Years
  • Posted : above 1 month

Job Description:


This position requires a solution-oriented candidate with a combination of business acumen, knowledge of latest technologies (Python, AWS, advanced excel etc), and an analytical mindset who can function as integrators between business needs and technology solutions, helping to create technology solutions to meet Model Validation needs

Lead work streams on bringing efficiency and automation in various stages of model lifecycle (standardisation of data in cloud based technologies like AWS, developing in-house capabilities of Python libraries, defining end-to-end standardisation of codes in Python) specific to Model Validation

What The Business Does

The team is also responsible for providing an independent model review function as Model Validator As the role holder, you will be responsible to analyse any model risks across the banks businesses You will also need to devise metrics to quantify the model risk exposure, maintain any controls and governance, provide inputs on measures to be taken, and communicate the risks and control measures to the business stakeholders at all relevant levels

Your Responsibilities

Receive exposure to develop good understanding of the models (IRB/Capital statistical models, Operational Scorecards) in Retail and/or Business banking and /or Commercial and/or Wholesale portfolio model
Identifying business requirements, requirements management, functional design, prototyping, process design , testing, training, defining support procedures and supporting implementations
Identify, design, and implement internal process improvements automating manual processes, optimizing data delivery, etc
Build the infrastructure required for optimal extraction, transformation, and loading of data from a wide variety of data sources using Python and open source technologies Participate in and help guide research POCs, including design, coding, and performance and efficacy measurement
Create and maintain documentation of the technical detail design, operational support and maintenance procedures
Submission to stakeholders As a doer or checker, needs to decide whether the task completed is error free &ready to be submitted to the stakeholders, put the control points to avoid future error occurrence
Summarize modeling results through meaningful charts and slides for non-technical business audiences
Support function lead in preparing 90 day plans and track completion/updation on regular basis
Should be able to investigate and propose solutions for issues faced in tasks allocated
Assist functional/local lead in identifying training requirements for the team and Train colleagues Guide the Analysts/Senior Analyst in the team in responding to queries/interaction with stakeholders working on similar projects (if assigned by project lead)
Engagement in continuous improvement culture Identify areas of improvement and generate ideas and encourage others to challenge
Comply with Our Code, all RBS policies, How we manage RBS, and if applicable How we manage our Business, and deliver against all relevant statutory, regulatory, supervisory and legal obligations
Proactive identification and effective management and/or escalation of conduct risk to deliver key customer outcomes

The Skills That You Need

Must be actively enrolled in a technology related program and completed coursework in Computer Science, Computer Engineering, Information Technology, Management Information Systems, or a field relevant to perform the essential functions of this job description
Minimum 3 years of experience in data analysis and/or data engineering and/or developing risk solutions
Python programming experience and exposure to Git-based code repositories
Experience in modules/libraries such as pandas, numpy etc
Develop custom interfaces for data acquisition from bespoke data sources
Develop/extend GUI , tools and libraries to access and manipulate data
Develop scripts to automate visualization
Exposure to cloud based technologies like AWS
Working Experience in SAS (Base and Macros), and Microsoft Office (advanced excel VBA would be preferred) applications Certification in SAS Base/Advanced SAS Certification is an added advantage
Hands-on programming experience and previous project work involving data is required with ability to learn new technologies Using open-source tools to manipulate model training data
Functional with database development, maintenance, and extraction of data for reporting Experience designing and implementing reporting and visualization for unstructured and structured data sets
Broad understanding of risk management principles within Financial Services
Knowledge of a few banking products and credit processes focused in retail or commercial or Wholesale portfolios
Working as part of a team and building effective relationships with peers and customers
Demonstrated strong analytical, numerical and problem solving skills
Strong written communication skills to enable production of high quality documentation at conclusion of validation projects will be preferred
Good verbal communication skills; Ability to translate complex and statistical techniques into communicable concepts for stakeholders will be preferred
Experience of working in a customer focussed environment involving handling queries effectively, identifying issues and escalating where appropriate
Ability to make sound decisions/judgments to resolve problems on a daily basis, with limited support from Line Manager


Our purpose is to serve customers well We serve around 19 million customers across the globe, and our aim is to consistently meet and exceed their needs wherever they find us Our ambition is to become the UKs number-one bank for customer trust, service and advocacy and our team in India is integral to helping us achieve this goal

Well make sure youre clear on whats expected of you in your role, that you have what you need so that youre capable of succeeding, and that youre motivated to do your best work Were a place where you can grow your career, build skills, expand your horizons and be recognised for the great contributions you make


Your reward is about much more than just your salary Our benefits packages are designed to be flexible, giving you the freedom to make choices which fit your lifestyle, and your plans for the future


We care about diversity, and we believe everyone should be able to bring their whole selves to work And as an equal opportunity employer, we invite applicants from all sections of the community including across gender identities, orientations, physical and mental capabilities, cultures and ages We want you for the work youll do

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : IT Software : Software Products & Services
Role : Business/Systems Analysis
Salary : As per Industry Standards
Deadline : 17th Mar 2020

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