On Demand Agility - Model Development/Validation Role - Credit Risk Domain

We have an interesting open position in our company "On Demand Agility Software" and you will be deputed to one of our Investment Banking clients ,Bangalore.

About ODA:

- "On Demand Agility is a Global IT Services company specializing in Capital Markets comprising ~600 professionals in service locations across the globe. Our core value lies in our engagement model based on integrity and honesty - we say what we believe and we do what we say.

- One of our strengths that stands out is the intellectual property of the leadership team comprising multiple decades of direct capital markets experience delivering Front, Middle and Back Office solutions for the sell-side, buy-side and financial services (Fintech, Clearers / Warehouse, Data Providers etc.)

- Quarterly model monitoring of IRB and IFRS9 models for the measurement of PD/LGD/EAD for the Bank's wholesale portfolio

- Work on the end-to-end model monitoring (PD, EAD, LGD) cycle, from data gathering and cleansing to the documentation and presentations to key stakeholders

- Provide advise and guidance to support policies for Model risk

- Ensure that all monitoring results and analysis comply with the Group monitoring standards

The candidate requirements are :

- Has a degree (preferably postgraduate) in a quantitative discipline (e.g. Mathematics, Economics, Statistics, Computer science, Financial Engineering, Engineering)

- 2-4 years of experience in a model development/validation/monitoring role

- Good understanding of regulatory requirements and expectations for regulatory models (IRB/IFRS9/EBA)