Model Risk Governance and Review Model Review Group Associate MRGR is responsible for the development and implementation of a firmwide Estimations and Model Risk Management Policy and Procedures framework. MRGR responsibilities include performing independent reviews of models, Change control, Ongoing model performance assessment and other such activities to identify and mitigate key model risk issues. In this process, MRGR works closely with the Responsibilities: - Independent reviews and re-reviews of Finance, Credit, Risk, Fraud, Operations, Marketing and other models for Consumer & Community Banking businesses such as Chase Mortgage Banking, Auto Finance, Home Lending, Card Services Business Banking, Merchant Services, Digital payments and Consumer Banking. - Work with review teams in other locations, to ensure high quality model reviews, re-reviews, minor model enhancements, and model usage reviews in compliance with firms Estimation policies and procedures - Work with other partners such as the MRGR COO team, CCB Risk and Control functions, Finance, Fair Lending, Technology and Audit to ensure that key model risks are understood, recorded, monitored and managed with appropriate compensating controls (when applicable). - Supports Model performance Monitoring Required Qualifications: - Strong quantitative skills and some coding skills desirable (e,g SAS, Python, R). - Master degree in Quantitative discipline or an MBA with an undergraduate degree in areas such as Engineering, Statistics, Economics, Mathematics etc. from top tier Universities. - Experience in model development and/or model validation and strong familiarity with data preparation and processing; - At least 3+ year of the following areas (preferably in Retail/Consumer banking): - Quantitative Model Development - Quantitative Risk Management function or - Model Validation - Strong proficiency in Consumer banking products and business processes. Work Experience in one or more of the following: Mortgage Banking, Consumer Credit or Banking, Credit Cards or Auto Financing - Excellent communications skills Verbal and Written - Proficient in MS Word, Excel, and PowerPoint Job Accounting/Finance/Audit/Risk Primary Location IN-MH-Mumbai

Mumbai

Associate - Model Validation - BFSI 

Associate - Model Validation - BFSI  ,Job Description for Associate - Model Validation - BFSI  in ABC Consultants in  Mumbai for (3-10) years of experience. Apply Now!

Job Description for Associate - Model Validation - BFSI  in ABC Consultants in  Mumbai for (3-10) years of experience. Apply Now!