Manager - Model Validation/Governance - BFSI

About the client:

- Company Name: a leading Financial services company based in india

- Industries: Banking / Financial Services / Broking

- Company Type: Forbes Global 2000

- Funding Stage: Other

- Headquarter Location: Pune

- Nature of Offering: Product & Services

- Founding Year: 2007

- No of Employees: 10000+

We are hiring for a leading Financial organization based at Mumbai /Hyderabad

Position :

Experience : 5-10 yrs in Model Validation/ Model review - For financial Services with good Python, SAS programming skills

Education : B.tech/ Masters / MBA in Economics, Mathematics, Statistics, Finance, Computer science

Role & Responsibilities :

- Conduct periodic model validations on scores, looking for key metrics such as precision, recall, rank ordering of score performance

- Driving reduced losses and customer friction by performing model validation work on a portfolio of fraud models

- Work with vendors and internal modeling partners to develop approval documentation for new fraud scores and algorithms.

- This will include a comprehensive write-up on how the models are built, testing and validation work done, methodology, sampling, performance, etc.

- Form strategic partnerships with MRM to develop best practices for fraud model governance that satisfy both the need for quick deployments to mitigate risks, but also our internal and regulatory concerns

- Develop dashboards and MIS to show model performance, trending, and potential issues