AVP - Model Risk/Model Development - Investment Bank

We are looking for candidates with experience in Risk Modeling for one of the foreign investment banks in Mumbai. The role is within their Market Risk/ Credit Risk team. Below are some roles and responsibilities:

- Researching, developing, prototyping and implementing new modelling, calculation and reporting approaches in a continuous improvement cycle. This includes adjusting model parameters, dealing with performance issues, and scheduling a formal IT update cycle.

- Liaising internally with risk managers, including explaining model outputs, performing ad-hoc analysis and answering technical or background questions on the models and requirements.

- Work closely with the global stress testing team on methodology aspects.

Programming Languages: C++/ Matlab/ R/ Python