Model Validation Role - Model Risk Governance - Bank

Company - Private Sector Bank

Role - Model Validator (Model risk governance)

Experience - 1+ Years

Qualification - Post Graduate

Skills Essential

1. Should have worked on either development or validation of the financial models in the retail risk or wholesale risk or market risk,

2. Strong proficiency in Python / R for development validation of statistical techniques

3. Good understanding on statistical, tree-based, machine learning modeling techniques,

4. Conceptual understanding about Basel / IFRS-9/ IndAS- 109 guidelines,

5. Effective documentation skills

6. Relevant experience in model development or model validation either in the bank or in the financial consultancy

Job Description

1. Support validation monitoring of the financial or non- financial models in the space of retail, wholesale, or market risk,

2. That includes the data gathering, model recreation, performance calculation,

3. Co-ordinate with various stakeholders Repository management,

4. Support ad-hoc request such pertaining to model risk governance framework encasement.