Vice President - Model Development - Investment Firm

We are looking for VP - Model Development with one of the leading UK based Investment firm.

PFB the requirements :

Your Role

Working with model owners to ensure the following is executed according to policy: Inventory Maintenance/Attestation, Model Monitoring, Model Approval, Documentation, Model Change Management, Model Decommissioning and Model Implementation Controls.

- Partnering with model owners to judge effectiveness of models including challenging where needed.

- Producing high quality model documentation. In order to write the documents, the individual will need to work with all relevant teams involved in the model lifecycle to understand the scope, assumptions, limitations and controls operated by them.

- Working with IVU through the model approval process.

- Producing MI for the BI Finance - Model Controls Office.

- Establishing a periodic controls and governance process including monitoring model usage/changes.

- Reporting functionally and locally to Director - MCO Chennai.

- Managing a team of 1-2 AVPs locally in Chennai.

- Managing a model control framework within BI Finance that complies with the Model Risk Management (MRM) framework & the Enterprise Risk Management Framework (ERMF).

- Distinct from both model development and independent model validation teams, the Model Control Office (MCO) oversees the overall control environment for model risk.

- Providing subject matter expertise to support conformance with model risk policies.

- Ad hoc projects.

Interested candidates feel free to reach.

Mansi
9999667335