Vice President - Machine Learning/Model Validation - KPO/BFSI

Vice President ML Model Validation

About the Role :

The VP level position requires the successful candidate to :

1. Quantitatively evaluate complex ML models

2. Build benchmark ML models with better performance / over specification tradeoffs.

- Given the firm's focus on developing Machine Learning models, a significant portion of the successful candidate's time is likely to be spent reviewing such models.

- Such models are currently used to detect fraud, allocate credit, improve marketing efforts, and optimize order routing in markets.

Core responsibilities :

- Evaluate the risk posed by ML models, and suggest ways to mitigate such risks.

- Evaluate conceptual soundness of ML model specification; reasonableness of assumptions; reliability of inputs; completeness of testing performed; correctness of implementation; and suitability/ comprehensiveness of performance metrics and risk measures.

- Ensure that the models are explainable and correctly specified.

- Liaise with Finance and Risk professionals to monitor usage and performance of models.

- Evaluate market conditions under which a given model is likely to break down.

- Cogently document findings.

- Perform, present, and publish research on ML issues facing the bank.

Desirable skills, experience, and qualifications :

- A Ph.D. or master's degree in a quantitative field such as Finance, Economics, Math, Physics or Engineering is required.

- 8+ years of experience.

- The candidate is expected to have a good understanding of machine learning models.

- Experience with large data sets and training ML models is required.

- Some understanding of statistics / econometrics is preferred.

- Thorough knowledge of at least one programming language such as R, Python, Scala, etc.

- Good communication skills. The role requires interacting with many groups across the firm, as well as producing documents for both internal and external (regulatory) consumption.

- Proven people management skills (The VP position will also involve team management responsibilities).