Manager - Model Monitoring/Validation - Investment Bank

The job holder is expected to:

- Be a part of model monitoring projects globally to harmonize and coordinate with regional activities.

- The Manager - Decision Sciences, Model Monitoring role is responsible for providing necessary analytical support to the Senior Management in preparing the model monitoring reports following the established IFRS9 standards

- The Manager is expected to keep oneself updated of the tools and techniques used in the model validation

- Prior knowledge on R, Python, Tableau is plus.

- Working knowledge in SAS is mandatory.

- Participate to global initiatives as well as cross-risk projects

- Maintains internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.

Skills/Experience Required

Qualifications

- At least Masters in any of the following fields:-

- Economics

- Engineering (or B-tech with relevance experience)

- Stats/Maths

- MS / MBA in Finance

Experience

- At least 5 years of professional experience in financial services in risk domain

- Understanding regulations of different countries from impairment perspective is crucial

- Candidate should be hand on and should know in depth concepts of PD, EAD, LGD model, impairment calculation

- Prior experience in model development and/or validation in wholesale credit is a plus

- Understanding of regulatory implications and relevance

- Management of project teams, both direct and matrix

Skills

- SAS, Tableau

- Knowledge of wholesale credit risk and global banking and market products as well as Basel 2 and Basel 3 framework

- Prior experience in IFRS9 model in plus