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21/06 Preeti Sethi Saraswat
Key Account Manager at Mastermind Network

Views:284 Applications:85 Rec. Actions:Recruiter Actions:14

Model Validation/Monitoring Role - Banking Domain (5-8 yrs)

Mumbai Job Code: 940338

- We are hiring for a leading Financial Services based at Mumbai

Position :

Experience : 5-8 yrs in Analytics, Model Validation for Banking domain

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

Role & Responsibilities :

- Responsible for Validation/development of Fraud Models/ Banking domain models

- Model validation including conceptual soundness, critical assessment of the testing performed by the model developers to support the integrity and accuracy of the model implementation

- Responsible for performing more complex analysis and modeling for multiple products with the goal of maximizing profits and asset growth and minimizing risk and operating losses

- Work with 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.

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

- Work with our partners in Model Risk Management (MRM) to close out any follow-up items on partially/conditionally approved models

- Monitoring model performance and trends, including providing key insights into areas where scores are deteriorating or underperforming

- Good knowledge in SAS & SQL/ Python

Women-friendly workplace:

Maternity and Paternity Benefits

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