Risk Management Specialist

Model Risk Governance Specialists

Focus Areas : Model Development Standards, Model Validation Standards, Model Monitoring Standards

Location : Pan India

Experience : 6–10 years

Key Responsibilities :

• Develop end-to-end standards for model lifecycle processes : development, validation, deployment, and monitoring.
• Define governance principles, documentation templates, control checklists, and review protocols aligned with regulatory expectations.
• Support stakeholder workshops to gather inputs and iterate framework design.
• Draft performance monitoring frameworks with defined metrics (e.g., stability index, accuracy, overrides, drift).
• Ensure alignment with the Bank’s Model Risk Management (MRM) framework and any applicable regulatory guidance (e.g., Basel, IFRS9, SR 11-7, SS1 / 23).
• Support handover and operationalization including training, documentation, and stakeholder alignment.

Ideal Candidate Profile :