• Manager/Lead Manager - Risk Validation - Bank Jobs in Bangalore,India - 25254961

  • CareerNet Consulting
  • Save Job
  • 3 - 8 Years
  • Posted : above 1 month

Job Description:

About the Role

The Qualitative Model Validator will be responsible for the quality and completion of modelvalidation to support business activities primarily in the area of Credit Risk or PPNR Model Risk or Liquidity / Wholesale Risk

Responsibilities

- Ensure credible challenge of models through independent validation process byevaluating all relevant components of models, identifying areas of weakness,working with key stakeholders like model owners to ensure risk commensurateremediation and timely delivery

- Establish reporting and escalation protocols of review results and follow up onidentified issues/observations

- Understand model risk supervisory guidance, Model Risk Management Policy, andcurrent industry best-practices

- Continually work to improve consistency and quality of independent model validation

- Ensure all models within scope are independently validated per expected standards and schedule

- Build and maintain effective working relationships with LOB Model Governance, Model Owners, Model Program team members

Essential Qualifications



- University degree in statistics, math, engineering, physics, accounting, finance,economics, econometrics, computer sciences, or business/social and behavioralsciences with a quantitative emphasis preferred

- 3+ years of experience in one or a combination of these areas Finance, RiskAnalytics, Fraud Forecasting, Financial Crimes, Operational Risk, Credit Risk, MarketRisk, Wholesale & Liquidity Risk or Audit within Financial Services Industry

- Strong analytical skills with high attention to detail and accuracy

- Excellent communication (verbal and written) skills and experience in building andmaintaining partnerships, collaborating across lines of business as well as withcorporate partners

- Experience in producing work of highest quality within tight timelines, as well ascreating, maintaining, and supporting processes subject to intense regulatoryscrutiny

- Ability to prioritize work, meet deadlines, achieve goals, and work under pressure ina dynamic and complex environment

Desired Qualifications

- Proficiency managing databases, spreadsheets, and programming (Knowledge ofSQL, SAS and R)

- Ability to apply strong analytical skills and critical thinking to a diverse population ofmodel types

- Prior model validation or model risk management experience is preferred

Profile Summary:

Employment Type : Full Time
Salary : Not Mentioned
Deadline : 30th May 2020

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