Manager - Risk Model Validation/Monitoring

Job Description:

We are hiring for a leading Banking/ Financial Services based at Mumbai/ Chennai/ Gandhinagar for Model development/Validation (credit risk Models).

Experience:

- 5-8 yrs in Model Validation for financial Services with good Python, SAS & SQL programming skills.

Education:

- B.Tech/ Masters / MBA in Economics, Mathematics, Statistics, Finance, Computer science with good knowledge in of financial mathematics including stochastic calculus, Statistical Modeling/ Non-Linear Modeling/ Regression Models/ IRBB models / IFRS 9 models and time-series modeling.

Role & Responsibilities:

- Validate/ Develop Fraud risk/ credit risk models/Regulatory Models/ Loan Models across life cycle of various portfolio (PD/LGD/EAD/Scorecard) etc.

- This includes regulatory models (capital/impairment), credit decisioning and stress testing models.

- Delivering robust, predictive models and tools that are compliant with both internal and external regulations.

- Identify and use cutting edge techniques to develop best in class models.

- Deliver high levels of accuracy and internal consistency/validation within own project.

- Provide business with insights and recommendations in order to improve strategy and process.

- Develop high-standard SAS/Python code and model documentation.

- Ensure accurate implementation of models and support their use, interpretation and monitoring.