Model Validation Role - Market Risk/Quantitative Models - Financial KPO

Job Description: We are hiring for a leading Financial KPO based at Delhi/NCR.

Position :

Experience : 2-6 yrs in the quantitative modeling and/or validation field

Education : Masters / MBA in Economics, Mathematics, Statistics, Finance, Computer science with good knowledge in of financial mathematics including stochastic calculus, probability theory and time-series modeling

Role & Responsibilities :

- Responsible to Validate bank's pricing/risk models / Market risk Models (IRBB, VAR, CCAR, PPNR etc.)

- 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

- The role holder will be responsible for independently performing and documenting analysis and testing of market risk models and counterparty credit risk models, as well as performing and documenting reviews of other model types when required.

- The role holder will be expected to negotiate and agree workload prioritisation within the team as well as with other stakeholders.

- The role holder will be expected to justify and defend their analyses and conclusions

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