Level: Analyst, Model Validation /1-4 Years of Experience: Knowledge/Skills: - Strong conceptual and technical knowledge of financial markets and related risk concepts is required. Knowledge of risk measurement required. - Excellent oral and written communication skills are required when interacting with committees and/or management - Clarity of thought and ability to break down complex issues for problem solving are critical for this role. - Technical skills / systems knowledge (e.g. SAS, Matlab, Advanced Excel) is strongly preferred. Education: - Advanced degree in related field (statistics, economics, mathematics) or equivalent career experience preferred. Industry qualification is preferred. - Strong Preference for candidates with certifications such as CFA / FRM / CQF Major duties: - Responsible for the validation of moderately complex analytical models used for CCAR and Asset management purposes across the organization - Ensures model development, monitoring, and validation approaches meet regulatory expectations and internal risk management needs - Provides analytical or risk measurement support to help meet both internal corporate and regulatory requirements - Develop in-depth knowledge of business unit / function and complex modeling techniques used - Independently validate models with focus on accuracy and completeness. - Adept stake holder management and smooth interaction with various model owners - Clearly communicate the complex issues/findings of the model validation outcomes to stake holders. - Keep abreast with latest regulatory requirements around model risk management - Evaluates existing model risk framework in relation to department objectives and industry leading practices. - Assesses validation requirements and actively provides solutions to enhance the model validation framework

Bangalore

Northern Trust - Analyst - Model Validation 

Northern Trust - Analyst - Model Validation  ,Job Description for Northern Trust - Analyst - Model Validation  in Northern Trust in  Bangalore for (1-4) years of experience. Apply Now!

Job Description for Northern Trust - Analyst - Model Validation  in Northern Trust in  Bangalore for (1-4) years of experience. Apply Now!