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02/12 Usha Aurion
Associate Recruitment Consultant at Aurion

Views:183 Applications:57 Rec. Actions:Recruiter Actions:19

Model Risk Management Role - Investment Bank (1-7 yrs)

Mumbai Job Code: 1188174

Model Risk Management with a leading investment bank


- Model Risk Management comprises Model Validation Teams and the Model Governance Team.


- Model Governance oversees technology supporting the function, development and distribution of risk and performance indicators, regulatory communications, cross-functional initiatives, development of policies and procedures, and reporting.

- Model Validation Teams validate the integrity and comprehensiveness of Risk, Valuation, Algorithmic Trading, and Finance Models.

- Development and delivery of recurring KPI and KRI Reporting

- Coordination and tracking of actions within Validation Teams

- Execution of monthly control and monitoring processes owned by Model Risk

- Implementation of new control processes and subsequent enhancements

- Delivery of BAU and ad-hoc reporting, including design proposals for new reporting

- Preparation of responses to auditors, internal teams, and regulators

- Support of the Model Inventory system through documentation of user feedback, provision of user training and support, and UAT testing of enhancements and bug fixes

- Preparation of updates to team procedures

- Management and assembly of monthly Model Risk Management Committee slide decks

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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