Key Account Manager at Mastermind Network
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AM/Manager - Model Validation - Credit Risk Models - BFS (2-6 yrs)
Model Validation (Credit risk)
We are hiring for a leading Financial organisation based at Mumbai/ Hyderabad
Experience : 3-6 yrs in Model Validation/ development/ Model testing - For financial Services with good in SAS, Python or R programming skills
Education : B.tech/ Masters / MBA - in Economics, Mathematics, Statistics, Finance, Computer science
Role & Responsibilities :
- Responsible for being validator for a wide range of models like PD/EAD/LGD/IFRS9 models used for stress testing and other credit risk management purposes
- Review, critical assessment and challenge of models on conceptual soundness, assumptions and limitations, data, developmental evidence in support of modeling choices, performance, implementation and documentation
- Development and implementation of effective testing plans and testing code to critically challenge models through empirical analyses and to verify model implementation
- Review and critical assessment of ongoing model monitoring activities
- Provide independent review (IR) and challenge of all quantitative and qualitative processes categorized as models (Credit Risk, WS IFRS9, Capital Models etc.) under the MRM framework to a high degree of depth, as required by and detailed in the Bank's policies and standards.
- Produce high quality model validation reports, with a particular focus on noting limitations, weaknesses and assumptions
- Support the development and review conformance with appropriate policies including Group Model Risk policy.
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