Head - Model Validation - Credit & Risk - Bank

Head - Model Validation - Credit & Risk

We at ABC Consultants are looking for a Head/Sr VP Model - Credit & Risk for one of the MNC Banks based out of Mumbai:

- The candidate will be successfully managing the Core Modeling teams for effective end to end Risk Management of multiple Portfolios through Modeling & Strategy based solutions. He should have a deep understanding of modeling techniques, risk assessment, and regulatory guidelines.

- Lead and manage the model validation team, providing guidance, and fostering a culture of excellence and collaboration.

- Oversee the validation of complex computational models used for risk assessment, financial forecasting, decision-making, and other critical functions.

- Develop and implement comprehensive model validation strategies, methodologies, and testing plans.

- Collaborate closely with model developers, data scientists, and business stakeholders to ensure models are well-constructed and aligned with business objectives.

- Perform quantitative analyses and statistical tests to evaluate model performance and accuracy.

- Stay updated on industry best practices, emerging technologies, and regulatory changes related to model validation.

- The candidate should have managed 12-20 years of relevant experience in regulatory guidelines and compliance requirements related to model risk management (e.g., SR 11-7, Basel).

Please note that no profile will be mailed to our client without having a prior discussion with the candidate.