AM/Manager - Model Monitoring/Model Governance

Model Monitoring/Model Governance - Fraud/credit risk Models

We are hiring for a leading Investment Banking based at Mumbai/Hyderabad

Experience : 3 - 7 yrs in Model Monitoring/Model Governance for financial Services with good SAS & SQL

Education: B.Tech/ Masters / MBA; in Economics, Mathematics, Statistics, Finance, Computer science with good knowledge in Statistical Modeling/ Fraud / Non-Linear Modeling/ Regression Models/ IRBB models / IFRS 9 models and time-series modeling

Role & Responsibilities:

- Conduct periodic model validations on scores, looking for key metrics such as precision, models are performing well and not deteriorating, which could lead to unexpected fraud losses

- Partner with our Strategies teams to communicate model performance and trends, including providing key insights into areas where scores are deteriorating or underperforming, so appropriate adjustments can be made to prevent unexpected losses

- Work with our partners in Model Risk Management (MRM) to close out any follow-up items on partially/conditionally approved models

- Form strategic partnerships with MRM to develop best practices for fraud model governance

- Develop dashboards and MIS to show model performance, trending, and potential issues

- Involved in independent model risk management, technology, and business strategy teams to document, deploy, and assess performance of fraud models