Model Validation/Model Monitoring Role - BFSI

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

Position : Manager- Model Monitoring

Experience : 4-7 years in Model Monitoring/Model Governance/Model Testing in Credit Risk/ Market risk domain

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

Role & Responsibilities :

- Responsible for Model Governance/Model validation/Model monitoring of Quant/Market risk models.

- Involved in model validation for credit risk models, capital models, loss forecasting models, treasury and balance sheet models, wholesale models, PPNR models

- Review, critical assessment and challenge of models on conceptual soundness, assumptions and limitations, data, developmental evidence in support of modeling choices, performance, implementation and documentation

- Development and implementation of effective testing plans and testing code to critically challenge models through empirical analyses and to verify model implementatio

- Review and critical assessment of ongoing model monitoring activities

- Writing of technical reports for distribution and presentation to model developers, senior management, audit and banking regulators

- Work with technology team to streamline our processes and enhance data integrity and control