AVP - Decision Sciences GAC - Regulatory & Risk Analytics - Wholesale Credit & Market Risk

Assistant Vice President - Decision Sciences GAC - Regulatory and Risk Analytics (Wholesale Credit

Description of Role :

- Global Analytics Centre (GAC) within data Processing India Ltd provides analytics support to various group businesses and functions. Typical deliverables include data analysis, providing analytics insights, model development, validation, calibration, strategy development, monitoring and reporting, information management and business intelligence.

- The deliverables form the basis for strategic planning by the senior management for businesses and enables effective decision making to satisfy business needs and requirements along with addressing unforeseen challenges.

- GAC - Regulatory Risk Analytics, Wholesale Credit and Market Risk (WCMR) department within GAC is an extended team of Group - Regulatory & Risk Analytics for Wholesale Credit & Market Risk portfolio across Group & Region to provide analytical support in Model Development & Implementation, Model Validation & Monitoring, Portfolio Management & Capital Allocation and Project Management & Policy Designing.

- The Model Validation Team within GAC - Regulatory Risk Analytics, Wholesale Credit and Market Risk (WCMR) department provides support in validation and monitoring of BASEL governed Wholesale Credit & Traded Risk Models. The team also responsible for validation and monitoring of Stress Testing, Economic Capital and IFRS 9 Models, regulatory reporting and process re-engineering to enhance efficiency.

Role Purpose (overall high level summary of the role) :

- The AVP - Decision Sciences, Wholesale Credit and Market Risk Model Validation role is responsible for meeting the regulatory requirements on model risk management &governance by clearly articulating model validation & monitoring standards.

- This role is also responsible for implementing the validation and monitoring standards of all types of models for whole sale credit risk measurement.

- In addition to model validation and monitoring, this role is also responsible to understand the requirement from the business and provide analytical support to them to facilitate model governance

- This role will identify the areas to enhance efficiency through process re-engineering and automation.

- Also ensure compliance with audit requirements by performing audit checks as required by process, in line with business process requirements and consistent with Company policies and standards.

Customers / Stakeholders :

Group and Regional stakeholders in RRA, WCMR space covering :

- WMR RRA Model Validations Team across Group and Regions

- Regulatory and Risk Managers in WMR

- IT, Independent Review, Model Performance Review Panel

- CMB, Global Banking and Global Markets business lines