Model Validation Role - Credit Risk - Financial Services

Our client is one of the global financial services groups which provides industry focused services for clients across geographies. We are currently looking for a skilled professional to join their Credit Model Validation and Insights team in Bangalore.

Some of the key responsibilities will include:

- Conduct independent validation of wholesale credit risk models, including PD, LGD, and EAD models.

- Collaborate with model development teams to ensure compliance with regulatory guidelines and internal policies.

- Analyze model performance and provide actionable insights to enhance model accuracy. Prepare detailed validation reports and present findings to senior management.

- Support audits and regulatory reviews by providing documentation and explanations related to model validation.

To be eligible for this role you will require:

- Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related field. A Master's degree or relevant certification (e.g., CFA, FRM) is preferred.

- 5 - 7 years of experience in wholesale credit risk model validation or development, preferably in a financial institution.

- Strong knowledge of statistical modeling techniques and tools (e.g., R, Python, SAS).

- Understanding of regulatory frameworks, including Basel III, IFRS 9, and CECL.