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18/01 Namrata
Recruitment Executive at Conjugate Consulting & Outsourcing Pvt. Ltd.

Views:444 Applications:67 Rec. Actions:Recruiter Actions:25

Quantitative Risk Model Validation Analyst - BFSI (8-20 yrs)

Overseas/International/US Job Code: 882810

Quantitative Risk Model Validation Analyst

Job Description : A growing US Fintech company is looking for a Quantitative Risk Model Validation Analyst. This role will be responsible to accomplish risk model validations and stress tests for the Group's Mortgage Credit risk reduction product.

Duties and Responsibilities :

- The incumbent will own and administer the overall mortgage credit risk reduction model validation framework as part of his Risk governance responsibilities and conduct validation of Risk models on a periodic basis.

- Ensure that outcomes of the analysis, models & reporting and Risk applications are aligned to the business model and the strategic direction of the company.

- The role requires specialized quantitative modeling skills as well as the ability to work with large and complex data-sets. Apply various statistical and portfolio analysis techniques and the ability to present these evaluations in presentable formats.

- The incumbent will also support testing of models implemented in/through Risk systems and respective on-going models management.

Experience & Qualifications :

- Must have a degree or substantial experience in Actuarial Science, Computing, Risk Management or/and quantitative field of study such as Statistics & Mathematics.

- 8 years or more relevant experience in the financial services/ mortgage industry and/or quantitative modeling.

- Preferred if the candidate has professional Risk certification especially FRM &/or CFA.

- Must have very strong Risk Management modeling skills such as Credit Risk Ratings, Probability of Default (PD) modeling, RAROC, Value at Risk (VaR) etc.

Desired Skills and Experience : Risk modeling, risk modeling, credit risk modeling, PD, LGD, EAD, risk models, risk model validation, risk mode development, credit risk models, risk modeling

Women-friendly workplace:

Maternity and Paternity Benefits

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