Assistant Manager/Manager - Model Risk Management - Bank

ROLE & RESPONSIBILITIES

Business/ Department

Objectives: Model Risk Management is responsible for managing model risk across the entire model life cycle. This team plays a pivotal role in model governance process and is entrusted with assessing the firm's model risk across regions, products and asset classes.

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

Skills:

1. Strong analytical skills in conducting sophisticated statistical analysis using bureau/vendor data, customer performance data and marketing data to solve business problems.

3. Excellent written and oral communication skills are required, ability to present work in a formal and understandable format, bringing groups of people to consensus

4. Ability to recognizing information and patterns in data that are not obvious, and focusing analytical efforts in pursuit of explanations, isolations of cause and effect.

5. Good programming skills in advanced SAS and SQL in mainframe, UNIX and PC environments.

1. Strong Modeling Experience specifically in Loss forecasting and CCAR

2. Having exposures to regulatory guidance around model validation

3. Understanding of Fed CCAR Guidelines

4. Exposure to Look ahead Model Software (ITX)

Other:

1. Strong communication and presentation skills targeting a variety of audiences

2. Flexibility in approach and thought process

3. Attitude to learn and comprehend the periodical changes in the regulatory requirement as per FED.

4. Highly motivated

5. Desire to continue self-development, learning and keeping on top of industry trends

Career Progression:

The candidate will get exposure to various facets around the model methodology and model risk management. The candidate will have opportunities to gain exposure across multiple business lines and model types across .

With experience in the role, there are opportunities to grow into various management roles in the Model Risk Management group. Additionally, there are opportunities to move laterally to other risk management / decision management functions within Global Consumer.

Interview will be schedule at following location and Date :-

Interview Location / Date

Pune 3-Sep

Gurgaon(Delhi/NCR) 10-Sep

Bangalore 17-Sep

Mumbai 24-Sep

For more details connect - 011-45130108