Associate/VP - Model Risk
Head Hunters
Mumbai
10d ago

Job Description

A leading global bank is looking for Associate / VP for their model risk team in Mumbai that performs model validation activities to provide guidance on a models appropriate usage in the business context, evaluating ongoing model performance testing and ensuring that model users are aware of the model strengths and limitations.

Responsibilities :

  • Evaluation of concepts related to model specification
  • Logical assumptions and reliability of inputs.
  • Complete testing performed to support the accuracy of implementation
  • Strong understanding of numerical aspects
  • Suitability of performance metrics
  • Risk measures associated with the use of the model.
  • Review and approve enhancements, an extension to the scope of existing models
  • Knowledge of latest development in areas like products, markets, models, risk management practices and industry standards
  • Requirements :

  • Ph.D. or Masters Degree (or equivalent) in Math, Science, Economics, Engineering, Quantitative / Math Finance, etc.
  • Domain expertize in Interest Rate models, securitized products, CCAR & regulatory capital, probability theory, econometrics, statistics, and numerical methods
  • Prior experience for minimum of 5 years in Quantitative Model Development, Model Validation, Trading or Structuring, Market / Credit Risk Management
  • Salary : Not Disclosed by Recruiter

    Industry : Banking / Financial Services / Broking

    Functional Area : Financial Services, Banking, Investments, Insurance

    Role Category : Senior Management

    Role : Head / VP / GM-Investment Banking

    Employment Type : Permanent Job, Full Time

    Keyskills

    model validationinvestment bankingRisk ManagementQuantitative ResearchMarket Risk ManagementCredit Risk ManagementModel Development

    Desired Candidate Profile

    Please refer to the Job description above

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