Hiring for a Banking major!
Looking for analytics professionals having 5+ yrs of experience in Model Validation.
- Perform model independent validation of complex predictive models (decision trees, linear regressions, models for binary outcome) within the agreed schedule and ensure execution follows the global methodology and is in compliance with model governance policy, guidelines and OCC requirements
- Apply statistical methods to organize, analyze, and interpret data to perform model validations
- Evaluate model assumptions, data completeness, limitations, conceptual soundness, functional soundness, modelling methodology, outcome analysis, etc. of models being validated
- Prepare model validation reports in a detailed, structured and clear manner, describing the outcomes of the analysis performed and include a conclusion based on the validation
- Use visualization techniques to display data and the results of analysis in clear straightforward presentations that can be understood by non-technical readers
- Conduct annual model performance assessments to ensure existing models are working as intended and meet the criteria and/or make model improvement recommendations
- Distribute validation reports and consult with model and business owners and other stakeholders such as senior management, on model validation results
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