Roles and Responsibilities : - Independent Model Review - To work as part of the IMR function in the delivery of Model validation - Independently review the models being assigned, fully understand the model theory, model assumption, and validate the model building, build challenger models, provide challenge on the model performance etc. - Effectively corroborate business intuition and expertise with the theoretical framework applied/ results derived from the models. - Develop independent challenger models to validate the model implementation correctness and identify the model shortcoming, assumptions, limitations - Communicate the model review findings to model developer and owners. Ensure model limitations are correctly identified, understood, and managed - Write high quality model validation reports, including conclusion, recommendation, detail analysis in model theory, formula, and testing - Participate in model control, governance, and monitoring. Assist in reporting requirements, producing detailed updates for Model Oversight Committees, Senior Internal Stakeholder Groups and Regulators - Credit Risk: To independently validate models with focus on key areas like model assumptions, design &amp; performance, data and input, build challenger models etc. in both wholesale and/or Retail domain. Some example of the model landscape would include CCAR, PRA stress testing models, marketing, Strategy, Basel models etc. Desired Candidate Profile : - Masters/PhD degree in Mathematics/Statistics or any other quantitative domain. - Must have proven experience of financial modeling experience in Validation/Development of quantitative models. - Strong understanding of statistical concepts used in Credit risk modeling (For Credit team) - Good knowledge of regulatory regulations like Basel, CCAR/DFAST, PRA, SR11-7, IFRS9, CECL etc. - Strong working knowledge of one or more statistical and mathematical programming languages (for e.g. R, SAS, Python

Bangalore

Credit Risk Modeling Role - Independent Model Review 

Credit Risk Modeling Role - Independent Model Review  ,Job Description for Credit Risk Modeling Role - Independent Model Review  in CareerNet Consulting in  Bangalore for (5-9) years of experience. Apply Now!

Job Description for Credit Risk Modeling Role - Independent Model Review  in CareerNet Consulting in  Bangalore for (5-9) years of experience. Apply Now!