Risk Model Validation Role - Consulting Firm

Hiring for a leading consulting brand for Mumbai/Pune/Kolkata and Chennai location.

Role : Model Validation

Skills :

- Experience in CECL / 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

- Carry out Model evaluations as per the requirements outlined in the Consumer Model Risk Management Policy for CECL, CCAR,, PPNR

- 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.