1. Model Validation 2. Kolkata, WB 3. FT Permanent Roles and responsibilities : - Work with a Leading Bank's Risk Management team on specific projects/requirements pertaining to Model Risk Management - Carry out Model evaluations as per the requirements outlined in the Consumer Model Risk Management Policy for CCAR, PPNR and consumer risk models - Support MRM team leads in model evaluation of Very High/High/Medium High Risk Level models and related transactions - Utilizing SAS, Interthinx (ITX) and other Microsoft Office products, identify key model soundness, development, and implementation issues, and recommend solutions to mitigate them. - Perform Independent Validation including but not limited to model eligibility assessment through updating the model validation reporting templates toward model risk management reviews - Prepare documentation as per business requirements. Review loss forecasting, stress testing and macro-economic forecasting models; OR writing model validation reports based on his / her judgments of the evaluations results. - Take complete ownership of the project and co-ordinate with customer and all other stakeholders Required : - Experience in Credit Risk Scoring / CCAR / PPNR modeling or Validation - Must have hands on expertise in developing/monitoring/reviewing loss forecasting, stress testing and macro-economic forecasting models and therefore can evaluate the models developed by regional consumer teams. - Strong analytical skills in conducting sophisticated statistical analysis using bureau/vendor data, customer performance data and marketing data to solve business problems. - Excellent written and oral communication skills are required, ability to present work in a formal and understandable format, bringing groups of people to consensus - Ability to recognizing information and patterns in data that are not obvious, and focusing analytical efforts in pursuit of explanations, isolations of cause and effect. - Good programming skills in advanced SAS and SQL in mainframe, UNIX and PC environments - Strong communication and presentation skills targeting a variety of audiences - Flexibility in approach and thought process - Attitude to learn and comprehend the periodical changes in the regulatory requirement as per FED

Kolkata

Model Validation Role - Credit Risk Scoring/CCAR/PPNR Modeling - BFS 

Job Description for Model Validation Role - Credit Risk Scoring/CCAR/PPNR Modeling - BFS  in Maven Workforce Inc. in  Kolkata for (3-10) years of experience. Apply Now!