We have an Urgent requirement with a leading Investment Bank in Mumbai  For your convenience, please find below the details for the requirement.  Designation - Analyst/AVP/VP  Years Of Experience - 2 to 15 years  As a part of Model Risk Management the candidate will get exposure to modelling in a wide variety of risk areas such as credit risk, market risk, operational risk etc. The current heightened regulatory focus on these areas and the teams broader model risk scope also guarantees a significant level of interest and visibility to the business and senior management. The diversity of projects available within this role offers the chance for team members to gain a broad range of risk model experience, but also to specialize if preferred. Opportunities to present results to stakeholders as well as peers are numerous, allowing the candidate to widen and develop their network and reputation.  Departmental overview:   The Model Risk Management (MRM) team has a mandate to validate the Bank's Risk Capital models and more generally to identify, measure and manage model risk. The team is established in London, Zurich, Mumbai and New York.  Role Description:  The successful candidate will:   - Be expected to lead and manage independent validation reviews across a wide range of core Risk Capital and CCAR models used throughout the bank, meeting business needs and regulatory expectations, with responsibility for investigating key aspects of each model under review: choice of modelling approach, the underlying assumptions and associated limitations, performance and optimal use of the model, etc.  - Review, verify and validate risk models for theoretical soundness, testing design and identification of model weaknesses, ensuring ongoing monitoring, as well as contribute in the firm-wide model risk and control assessment.  - Be expected to demonstrate independence in planning and stakeholder engagement, testing design and execution, results interpretation and presentation, and the production of documentation strong enough to evidence a sound challenge to both internal and external parties.   - create model risk reports, including authoring and presentation of validation reports for the attention of senior management, supervisory authorities, and model stakeholders  The truly global scope of model risk means that this role will involve working with an incredibly broad group of stakeholders from every part of the firm, investigating model risk and model governance standards and performing detailed validation of risk models.  You offer:   Essential:  - Candidates for the role in the MRM team are expected to hold a first degree in a quantitative discipline, eg. Mathematics, Physics, Engineering, Finance, and probably a Masters or PhD.  - Practical experience in financial modelling. Hands-on experience of risk and capital modeling, derivatives pricing and broader financial modeling is desirable, but regardless of experience all candidates should be able to demonstrate an understanding of capital modeling, financial and derivative products and mathematics, from private study if they have not previously worked in the financial sector.   - Client focus and the ability to communicate effectively with senior stakeholders, including the ability to explain complex topics to a diverse range of audiences.  - Self-motivation, discipline, task focus, the ability to structure and present work and a proven record of delivering high quality results to strict deadlines.  Desirable:  - Experience in data management and analysis or in Front Office IT would be an advantage.  - A general understanding of global regulatory requirements is desirable to be a credible counterpart given the huge and challenging variety of models in scope.   - Good knowledge including programming experience of software applications such as R, Matlab, SQL and SAS.  Please share below details:  Years of experience: Current CTC:  Expected CTC: Reason for Change:  About our Client:   Client is a leading Investment Bank.

Mumbai

Analyst/AVP/VP - Risk Modelling - Investment Bank 

Analyst/AVP/VP - Risk Modelling - Investment Bank  ,Job Description for Analyst/AVP/VP - Risk Modelling - Investment Bank  in Enigma Human Capital in  Mumbai for (2-15) years of experience. Apply Now!

Job Description for Analyst/AVP/VP - Risk Modelling - Investment Bank  in Enigma Human Capital in  Mumbai for (2-15) years of experience. Apply Now!