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14/11 Sarita
Sr Recruitment Consultant at Confidential

Views:3420 Applications:106 Rec. Actions:Recruiter Actions:15

Auditor - Model Risk - Bank (2-18 yrs)

Pune Job Code: 764464

Job Description :

- Review and assess the model development and independent model validation performed by CS based on review and testing of the development and validation processes and documentation

- Investigating key aspects of each model under review, incl. model documentation, model selection, input data, theoretical construction, implementation (independent calculation) and model governance (inventory related models, issues, escalation, agreed actions, approvals/limitations and/or conditions of use) with reference to internal policies and regulatory requirements (e.g. FED SR11/7)

- Participation in working groups addressing modeling issues and the model control environment

- Reviewing findings with colleagues in different audit groups including business and subject matter experts

- Verifying effective controls and procedures to mitigate for model risk and residual uncertainty

- Documenting the testing performed

As a part of this team the candidate will get exposure to modeling and model validation in a wide range of activities, including risk management, pricing/valuation, capital, stress testing, and other business decision making models.

- The current heightened regulatory focus on these areas and the broader model risk scopes also guarantees a significant level of interest and visibility to the business and senior management.

- The diversity of assignments available within this role offers the chance for team members to gain a broad range of model risk experience.

- Opportunities to present results to stakeholders as well as peers are numerous, allowing the candidate to widen and develop their network and reputation

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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