NOTE: URGENT

We have a job opportunity for Assistant Vice President - Model Governance - Investment Bank

Essential skills, experience, and qualifications:

Core responsibilities:

- The successful candidate responsible analysis of Model Risk Governance Framework so as to assess the effectiveness and efficiency of (and drive improvements to) processes and procedures developed to address regulatory and internal requirements around models used by the firm. Members of the team:

- Evaluate the effectiveness of model validation processes and cross-consistency of output across a broad set of model types and business areas

- Identify process and implementation gaps and drive gap remediation efforts with the goal of meeting strategic target state of Model Risk Management framework

- Maintain model review and documentation templates in line with both regulatory guidance and the firm's model development and review standards

- Identify the need for and develop best practice guidelines and training materials related to Model Risk Management control practices

- Develop and administer an approach to computing and identifying trends of risks associated with individual and - business level grouped- models in the firm's model inventory

Qualifications:

- Strong quantitative & analytical skills founded on a Master's Degree (or higher) in a quantitative discipline such as Math, Science, Economics, Engineering, Quantitative/Math Finance, etc.

- Knowledge of various modeling techniques and breadth of experience across model types, asset classes and business areas (retail, wholesale, capital markets)

- Strong written and verbal communication skills and ability to interface with other functional areas in the bank on model-related issues

- Risk and control mindset: the ability to ask incisive questions, converge on critical matters, assess materiality and escalate issues.

Priya Jha
Senior Recruiter
Mobile: +91-9930930883

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