Model Validation Role - Credit/Market Risk

We are hiring for a leading Financial KPO based at Mumbai & Gurgaon

Position :

Experience : 5-10 yrs in Analytic, Model Validation for Credit risk/Market risk Models

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

Role & Responsibilities :

- Responsible for Validation/development of Credit risk/ Market Risk models like PD/ LGD, Var Models, IFRS9, Basel Models, Operations risk, Liquidity Risk Modeling

- Model validation including conceptual soundness, critical assessment of the testing performed by the model developers to support the integrity and accuracy of the model implementation

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

- Experience in validation of Credit risk/Market Risk Models across various classes

- Review, critical assessment and challenge of models on conceptual soundness, developmental evidence in support of modeling choices, performance, implementation and documentation

- Excellence in probability theory, stochastic processes, partial differential equations, numerical analysis, option pricing theory (quant models for pricing and hedging derivatives).

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