Head - Model Risk - Wholesale Banking We have been retained by our client, a reputed Private sector Bank to identify a Head Model Risk (Wholesale Banking) to be based at Mumbai. Job Purpose : - Support in developing, maintaining and implementing the Banks Model Risk Management program - Design and Implement a strong Model Risk Management and governance framework Key Responsibilities : - Responsible for Development, validation and testing of Internal Rating Models - Model Validation & Review of existing Value at Risk (VaR) models for products like Forex Forwards and Interest Rate Swaps - Design and implement of risk mitigation strategies along with responsible for ensuring compliance of credit risk management policy - Managing the process for developing risk policies and procedures - Collaborate with model developers and communicate with key stakeholders across the institution - Engage in design and implementation of the impairment model as per new IFRS 9 guideline - Assist in creating standards for managing areas of including but not limited to the development and implementation, governance and certification, and model performance. - Assess model risk, including model robustness analysis, identification of limitations, and their assessment - Responsible for Monitoring and validating statistical Models Desired Skills/Competencies : - Strong communication skills both spoken as well as written - Strong analytical approach to problem solving - Should be detail conscious whilst maintaining strategic outlook. - Excellent management skills. - Good computing and programming (coding) skills and experience utilizing programming languages such as R or Python - Familiarity with IFRS9 is a plus Candidate Profile : - Candidates should be Engineering Graduates with a MBA (Finance) or equivalent qualifications from a reputed University / Institution with 7 - 10 years of relevant experience in risk modelling, model validation or related fields in Banking Industry. - Interested candidates meeting with the above requirements may please respond with a recent photograph and resume in word format.

Mumbai

Head - Model Risk - Wholesale Banking 

Head - Model Risk - Wholesale Banking  ,Job Description for Head - Model Risk - Wholesale Banking  in Corporate Search & Placements Pvt. Ltd. in  Mumbai for (7-10) years of experience. Apply Now!

Job Description for Head - Model Risk - Wholesale Banking  in Corporate Search & Placements Pvt. Ltd. in  Mumbai for (7-10) years of experience. Apply Now!