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13/12 HR
Recruiter at Credence HR Services

Views:3038 Applications:162 Rec. Actions:Recruiter Actions:10

Assistant Vice President - Market Risk Management - Model Validation - Investment Bank (2-10 yrs)

Mumbai Job Code: 521479

Excellent opportunity with an Investment Bank in Mumbai for Model Validation role. For more details please refer the below job description :

Years of experience : 2-10 Years

Skills : Market risk modeling,VAR Modeling, Stress testing,model validation, model development, people management,Quant

Qualification : B.Tech/B.E. from tier 1&2

Major Duties

Model Risk Management - Validation -

We Offer :

- Be expected to lead and manage independent validation reviews across a wide range of core Risk Capital or other business-impactful 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.

- 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 :

- Candidates for the role in the MRM team are expected to hold a first degree in a quantitative discipline, e.g. Mathematics, Physics, Engineering, Finance, and probably a Masters or PhD.

- Extensive experience in financial modelling and/or model validation. 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.

- Client focus and the ability to communicate effectively with senior stakeholders, including the ability to explain complex topics to a diverse range of audiences.

- Experience of managing/leading teams, ideally in the context of model validation and/or financial modeling.

- 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.

Good knowledge- including programming experience of software applications such as R,- Matlab, SQL and SAS.

Interested candidates with the relevant experience can apply or can contact me on 020-65111881

Kavita Suman

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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