Axis Bank - Manager - Model Risk function - Enterprise Risk Management Team

The scope of job would broadly encompass the following activities performed by the Model Risk function (a) Review of PD / LGD / CCF Modelling (b) Review of various wholesale and retail models (c) model governance.

- Review Probability of Default (PD), Loss Given Default (LGD) and Exposure at Default (EAD) estimation and validation across lending portfolios of the Bank (Corporate, SME and Retail), assuring the compliance of model risk Review checklist

- Conducting end-to end assessment of data collection, data preparation and data analysis stages - performing detailed data quality assurance checks, missing value analysis, computational accuracy checks etc. for all modelling / validation activities

- Review development / redevelopment of various wholesale and Retail models as well as monitoring of existing models on a regular basis, Review machine learning techniques over and above traditional techniques like regression, decision trees etc.

- Collating, compiling, preparing, maintaining, analysing model inventories, model performance tracker, model repository, model records etc.