- The person filling the role is responsible for being model validator for a wide range of IRB and IFRS9 models as well as support other model validation efforts in MTP, IST BoE stress testing frameworks or Anti Money Laundering models etc. - Provide independent review (IR) and challenge of different aspects of model (conceptual soundness, model performance etc.) across different model types (capital, impairment, liquidity, stress testing etc.) to a high degree of depth, as required by and detailed in the Bank's policies and standards. This role will be part of Group Risk IVU team. - Provide input to/support the governance and reporting processes related to model risk management. What will you be doing? Independent review and challenge:&nbsp; - Work on independent review of diversified set of wholesale models - IFRS9, Capital, Liquidity or Stress Testing, Operation, Treasury, Finance models - Perform technical analyses, data analyses, benchmarking, build challenger models (if needed) to support the validation review and challenge process - Must be able to challenge others and be open to challenge. Should seek direction on which issues are material but have own views on this also. - Produce high quality model validation reports, with a particular focus on noting limitations, weaknesses and assumptions - Self-study of developments in modelling and validation techniques; - Should have wholesale portfolio knowledge - Support team members in model validation and review their work - Should work independently with minimal guidance Governance and Reporting:&nbsp; - Review regulatory requirements to ensure compliance with Basel III rules in IRB portfolios and support roll out portfolios moving to IRB. - Support the development and review conformance with appropriate policies including Group Model Risk policy. What we're looking for: - Strong analytical skills with experience in developing, validating and risk management of models - Significant experience of coding in R/SQL/C++/Python or equivalent language, including handling large datasets and writing functions. - Good communication and influencing skills, ability to produce high quality written communication for technical and non-technical audiences. - Highly organised in terms of documentation and follow through. - Advanced understanding of the quantitative techniques used in developing and validating PD, LGD, EAD, Machine Learning, VAR, Low Default Portfolio modelling etc. - An ability to identify and analyse appropriate external data sources for model development or validation. - Should have relevant experience in analytical industry. Hands-on experience in the use of statistical packages, such as SAS, R, Python. Expert user of Microsoft Excel and other Microsoft Office tools. - Preferred - Experience in a modeller/validator role in the Wholesale industry. Experience in Machine Learning models - Beyond risk management, knowledge in financial projection, capital management and treasury Skills that will help you in the role: - Good understanding of banking environment and wholesale portfolios. - Familiarity with FRB/PRA regulations and IFRS9 accounting standards. - Ability to work in a high performing team, and the ability to work and liaise with others in a diverse team

Noida

 Barclays - AVP - Wholesale Model Validation 

 Barclays - AVP - Wholesale Model Validation  ,Job Description for  Barclays - AVP - Wholesale Model Validation  in Barclays in  Noida for (6-10) years of experience. Apply Now!

Job Description for  Barclays - AVP - Wholesale Model Validation  in Barclays in  Noida for (6-10) years of experience. Apply Now!