Neha Singh 
Vice President, Enterprise Business Intelligence Engineering

Khushboo Kumar 
Service Delivery Lead

Rohit Bairagi 
Lead Credit Specialist

Job Description :   - Model Risk Management Group (MRMG) is an organization within Global Risk and Compliance (GRC) and engages in model risk management through various activities including independent validation of all models across American Express.   - This position in MRMG is responsible for validation of a variety of mathematical and statistical models developed and used in Finance, Treasury, and Risk - Economic Capital, Operational Risk and CCAR stress testing models.   - The position will validate models, identify gaps, articulate findings, write up reports, and present summary to senior leaders and regulators. It is a highly quantitative role that requires in-depth knowledge of applied econometrics and statistics.   - The position requires solid expertise in assessing applications of advanced theories and practices of quantitative modeling.   - The candidate should have a good understanding of fundamentals of modeling, and be able to articulate reasoning behind each finding with accuracy and comprehensiveness.   - The position provides many hands-on learning opportunities for a diverse array of modeling topics.   - It will be a very rewarding experience for those who want to develop their career and expertise in modeling.  More specifically the Job responsibility will include :  - Independently validating Economic Capital and CCAR models which include evaluating conceptual soundness, performance validation and on-going monitoring.  - Assess alignment between model objective and actual use  - Review model inputs for appropriateness and integrity  - Review logical and conceptual soundness of model methodology  - Evaluate techniques used for model development  - Assess the rationale for model assumptions and their relevance  - Review the code and/or calculation steps via replication and benchmarks  - Conduct various tests relevant to models including benchmarking, backtesting, and sensitivity testing  - Evaluate model governance and change management  - Write reports summarizing validation activities and outcomes  - Support regulatory exams and audit processes  - Demonstrate to regulators that model validation is conducted with high quality and independence.   This role may be subject to additional background verification checks.   Qualifications :  Technical Skills :  - A solid understanding of econometric concepts and approaches such as OLS estimator and finite-sample properties, asymptotic theory, generalized method of moments, panel data, maximum likelihood esitmation, autoregressive processes, stationarity and cointegration.  - SAS programming, SQL and Excel  - (Advanced) degree in statistics, decision science, economics, or closely related field, or equivalent experience (preferred) 2)   Analytical Skills :  - Excellent reasoning ability to identify and evaluate key issues in complex modeling contexts and genuine interest therein  - Ability to conceptualize complex, abstract ideas into solid, tangible representations through reasoning, mathematics and statistics  - Proven ability to learn skills and knowledge on demand in a compressed timeline  - Ability to research independently with a strong sense of discipline and responsibility  - Knowledge of internal business practice in finance, accounting, treasury, and risk management a plus   Communication and Project Management Skills :   - Ability to write professional grade technical reports and presentations with commitment to quality and accuracy  - Ability to engage in global projects with a keen sense of meeting deadlines for key milestones  - Ability to build trust with partners including modeling teams and business units  Job type- Full Time  Industry Type - Operations   The Apply Button will redirect you to website. Please apply there as well.  #NOLI

Haryana

Others

American Express - Manager - Model Risk Management 

American Express - Manager - Model Risk Management  ,Job Description for American Express - Manager - Model Risk Management  in American Express in  Haryana Others for (5-10) years of experience. Apply Now!

Job Description for American Express - Manager - Model Risk Management  in American Express in  Haryana Others for (5-10) years of experience. Apply Now!