AVP - Market Risk Model Validation

Currently hiring for a client based in Mumbai

Co Name: Leading MNC

Designation: Sr.Associate

Exp:6+yrs

Quantitative Risk Management Sr Associate

The Quantitative Risk Management Senior Associate participates in validating global risk quantitative and analytic models to support efforts to minimize risk. Working under limited supervision, this job contributes to validations of models covering a wide range of financial, economic and actuarial instruments.

Key Responsibilities and Duties :

- Assists with reviewing models to support identification and review of risk issues, risk metrics and risk exposure.

- Applies established risk metrics and risk tolerance guidelines and policies.

- Assesses risk models' theoretical and conceptual soundness and reviews appropriateness of assumptions.

- Ensures data inputs to models are valid and appropriate.

- Supports the identification of model limitations, underlying model risk drivers and the assessment of overall model risk levels.

- Documents the review of risk models as well as any recommendations on improvements.