Model Development/Validation Role - Credit Risk

Our clients are leading financial institution based out of Mumbai location seeking for experienced individuals into Quant/ Model Validation/ Model development role at AVP level having expertise in credit risk.

Responsibilities :

- Bring innovation to the Model Validation Group in the assessing, reviewing and validating of risk models

- Preferred experience in PD, LGD & EAD Models

- Validation of statistical and stress testing models for primary (e.g. market) and consequential (e.g. operational) risks

- Research and document best practices when validating a new model, including understanding regulatory requirements and establishing a data model

- Collaborate with model developers in order to safeguard quality of risk models

- A university degree in quantitative finance, statistics or numerical discipline

- Some experience or strong interest in the financial services industry, preferably in risk management

- Solid coding skills in R, MATLAB, C++ or Python (SQL a plus)

- Excellent analytical skills