Assistant Manager/Lead Assistant Manager/Manager/Senior Manager - Model Development

Job Responsibilities :

- Critically reviewing the appropriateness of a vendor model development document with respect to modeling objective, model data inputs and model performance metrics like PSI, KS, False Positive Ratios, Fraud Detection rates etc.

- Producing high value model validation and implementation reports, including highlighting risks, limitations and evaluation on each part of the model lifecycle

- Evaluating the Model testing approach and results for individual models in accordance with MRG guidance

- Assessing the ongoing performance monitoring of the models

- Contributing to regulatory and internal audit related responses on risk rating assigned to various Fraud Models

- Collaborating with other teams within Risk and the Business regarding implementation of models to facilitate compliance with the policies, procedures, and guidance

- Supporting the process of delivering and maintaining best-in-class reports in compliance with process standards, guidance, practices, templates and other documentation

- Review and validate new and existing model and framework, provide effective challenge, ensure validation work quality

Qualifications :

- Previous experience (2+ years) in model Validation/Modelling/Monitoring, preferably in BFSI.

- Past experience in problem solving roles

- Knowledge of credit cards

- Hands on work experience in SAS

- Prior experience in Fraud analytics would will be a plus.