Model Risk Management Role - Investment Bank

(MRM) Model Risk Management_ Investment Bank

Job Opportunity with Leading Investment Bank

Need: 13 - 18 Yrs

Location: Mumbai

Requirement:

- Provide independent review and validation compliant with Model Risk Management policies and procedures, regulatory guidance and industry leading practices, including evaluating conceptual soundness, quality of modeling methodology, model limitations, data quality, and on-going monitoring for market risk models

- Take initiatives and responsibility of end-to-end delivery of a stream of Model Risk Management related deliverables for a wide variety of models

- Apart from being an Individual Contributor, also manage a small team

- Follow financial markets & business trends on a frequent basis to enhance the quality of Model Risk Management.

- Write Model Risk Management findings in validation documents that could be used for presentations both internally (model developers, business unit managers) as well as externally (regulators).

- Verbally communicate results and debate issues, challenges and methodologies with internal audiences including senior management

- Represent Model Risk Management team in interactions with regulatory and audit agencies as required