VP - Model Risk Auditor - Investment Bank

Company: Leading Investment Bank

Position: Model Risk Auditor-VP

Location: Mumbai

Exp: 5+ years

Responsibilities:

- Model risk audit projects review and test all aspects of model design, implementation, performance and validation processes operated by the bank's model development and validation functions.

- Review and assess the model development and independent model validation based on review and testing of the development and validation processes and documentation.

- Investigating key aspects of each model under review, incl. model documentation, model selection, input data, theoretical construction, implementation (independent calculation) and model governance (inventory related models, issues, escalation, agreed actions, approvals/limitations and/or conditions of use)