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28/12 Ruchita
HR Recruiter at New Avenues Consulting

Views:218 Applications:69 Rec. Actions:Recruiter Actions:32

Model Validation Role - Stress Test (3-9 yrs)

Noida Job Code: 876810

Job Title : Model Validation - Stress Test

Location : Noida

- The person filling the role is responsible for being model validator for a wide range of IRB and IFRS9 models as well as support other model validation efforts in MTP, IST BoE stress testing frameworks or Anti Money Laundering models etc.

- Provide independent review (IR) and challenge of different aspects of model (conceptual soundness, model performance etc.) across different model types (capital, impairment, liquidity, stress testing etc.) to a high degree of depth, as required by and detailed in the Banks policies and standards. This role will be part of Group Risk IVU team.

- Provide input to/support the governance and reporting processes related to model risk management.

What were looking for :

- Strong analytical skills with experience in developing, validating and risk management of models

- Significant experience of coding in R/SQL/C++/Python or equivalent language, including handling large datasets and writing functions.

- Good communication and influencing skills, ability to produce high quality written communication for technical and non-technical audiences.

- Highly organised in terms of documentation and follow through.

- Advanced understanding of the quantitative techniques used in developing and validating PD, LGD, EAD, Machine Learning, VAR, Low Default Portfolio modelling etc.

- An ability to identify and analyse appropriate external data sources for model development or validation.

- Should have relevant experience in analytical industry. Hands-on experience in the use of statistical packages, such as SAS, R, Python. Expert user of Microsoft Excel and other Microsoft Office tools.

Preferred : Experience in a modeller/validator role in the Wholesale industry.

- Experience in Machine Learning models

- Beyond risk management, knowledge in financial projection, capital management and treasury

Skills that will help you in the role :

- Good understanding of banking environment and wholesale portfolios.

- Familiarity with FRB/PRA regulations and IFRS9 accounting standards.

- Ability to work in a high performing team, and the ability to work and liaise with others in a diverse team

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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