Retail Validation Role - BFSI

Retail Validation Role

Job Title : Retail Validation

Location : Noida

- Immediate need for ongoing work for IFRS9, IRB, and decision/strategy/risk reward model validation

- Other objectives include support in ring fence bank waiver application, IRB model roll out plan, internal and external auditor field work

What will you be doing?

- Perform technical analyses, benchmarking, build challenger models (if needed) to support the IVU review and challenge process for all new and existing risk models.

- Produce high quality IVU reports and presentations for key stakeholders

- Support the line manager in the IVU team in the approval of model

What were looking for :

- Relevant credit risk working experience

- Advanced understanding of the quantitative techniques used in developing and validating PD, LGD, EAD, and other predictive models and strategies

- Proven expertise/in depth knowledge of one or more of the following areas of model risk management: Scorecard models, regression analysis, reject inference, decision trees, cluster analysis and Machine Learning/neural networks, covering Basel, Application/Behavioural Risk, Value/Risk Reward, Pricing/ Response/Prepayment, Collections etc.

Skills that will help you in the role :

- Able to produce high quality written and spoken communication including reviews of models, risk policies, and presentations for technical and non-technical audiences.

- Highly organised in terms of documentation and follow through, able to deliver against tight deadline

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

- Familiarity with FRB/PRA regulations and IFRS9 accounting standards

- Certification in Machine Learning

Education : Masters in Statistics, Mathematics, Economics, operational research field, Engineer, MBA

Experience Essential :

- 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 financial services industry