TCS - Model Validation Role - Risk

- Work with a Leading Bank's Risk Management team on specific projects/requirements pertaining to Model Risk Management

- Carry out Model evaluations as per the requirements outlined in the Consumer Model Risk Management Policy for CECL , CCAR, ,PPNR

- Support MRM team leads in model evaluation of Very High/High/Medium High Risk Level models and related transactions

- Utilizing SAS, Interthinx (ITX) and other Microsoft Office products, identify key model soundness, development, and implementation issues, and recommend solutions to mitigate them.

- Perform Independent Validation including but not limited to model eligibility assessment through updating the model validation reporting templates toward model risk management reviews

- Prepare documentation as per business requirements. Review loss forecasting, stress testing and macro-economic forecasting models; OR writing model validation reports based on his / her judgments of the evaluations results.

- Take complete ownership of the project and co-ordinate with customer and all other stakeholders

- Strong Modeling Experience specifically in Loss forecasting and CCAR CECL

- Having exposures to regulatory guidance around model validation, Understanding of Fed CCAR Guidelines

- Exposure to Look ahead Model Software (ITX)