Model Validation Role - Credit Risk/Market Risk - Investment Bank

Model Validation (Credit Risk/Market Risk) - Investment Bank

Roles & Responsibilities :

- Assess the model's conceptual soundness and methodology

- Check appropriateness of assumptions, parameters, model calibrations, qualitative or expert adjustments, etc.

- Review outcome, impact, or benchmark analyses and develop a benchmark model (as appropriate)

- Assess model risk, including model robustness analysis, identification of limitations, and their assessment

- Document the assessment of the required standards

- Collaborate with model developers and communicate with key stakeholders across the institution