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06/01 Prerna
Consultant at Elixir - Gi Group

Views:7400 Applications:75 Rec. Actions:Recruiter Actions:58

AM/Manager - Model Risk Management - BFSI (2-8 yrs)

Mumbai Job Code: 410335

Job Description

Designation: Manager / AM Model Risk Management

Location: Mumbai Goregaon

Experience: 2-8 yrs

CTC: 15-20LPA

Shift Time: 1pm to 10pm (dropping facility is available)

Job Description:

The position will be part of the Model Risk Management, India (Mumbai) team.

Primary role is to evaluate conceptual soundness and model performance of loss forecasting, balance forecasting, stress testing, PPNR, Loan Loss Reserves (LLR), and macro-economic forecasting models that are developed by various business and risk functions.

Exposure into SAS

The reviewer will adhere to the Model Risk Management Policy when evaluating models and ensure models, documentation, and monitoring MIS are compliant with applicable policies.

DEPARTMENT: Model Validation Group

Core Responsibilities:

Perform technical evaluation on on-going monitoring of models developed and used by the Global consumer organization.

Evaluation encompasses all technical aspects of the model including data, performance and soundness.

Day-to-Day Responsibilities:

Perform testing, sensitivity, scenario and other analysis to provide effective challenge to developers

Data analysis and technical code review

Present model validation results

Interface with model development, providing effective challenge to model development

Individual Contributor (IC)/Managerial IC

QUALIFICATIONS

Required Preferred

Education: Advanced degree with a specialization in Statistics, Mathematics, Finance or other quantitative discipline

Experience: in relevant consumer finance or credit card industry experience to include loss forecasting/stress testing model validation or development

Understanding of Fed CCAR Guidelines

Prerna

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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