Analytics Role - Model Validation - Fraud Team - BFS

We are hiring for a leading Financial organization based at Mumbai

Position:

 Experience : 2-8 yrs in Analytic, Model Validation for Fraud Models Credit risk/ Market risk Models

Education : Masters / MBA in Economics, Mathematics, Statistics, Finance, Computer science.

Role & Responsibilities :

- Responsible for Validation of Fraud models Basel Models, Operations risk, Liquidity Risk Modeling

- Responsible for performing more complex analysis and modeling for multiple products with the goal of maximizing profits and asset growth and minimizing risk and operating losses 

- Development and implementation of effective testing plans and testing code to critically challenge models through empirical analyses and to verify model implementation

- Work with vendors and internal modeling partners to develop approval documentation for new fraud scores and algorithms. - -This will include a comprehensive write-up on how the models are built, testing and validation work done, methodology, sampling, performance, etc.

- Conduct periodic model validations on scores, looking for key metrics such as precision, recall, rank ordering of score performance, detection PSI and other metrics as needed to ensure

- Strong statistical analytics skills and knowledge of advanced statistical analysis tools including SAS, SQL, Python & R