Talent.com
This job offer is not available in your country.
Sr Quant Model Validator - Finance / Banking / Econometrics

Sr Quant Model Validator - Finance / Banking / Econometrics

Ameriprise Financial11068 Ameriprise India, Udyog Vihar
30+ days ago
Job type
  • Full-time
Job description

The Sr. Manager of Quantitative Model Validation position will report directly to VP – Quantitative Model Validation Manager and manages a team of quantitative model validation analysts to test and evaluate the conceptual soundness of models and assess limitations and suitability for use.

Key Responsibilities :

  • Subject matter authority in the key model risk area of Stress testing and Capital Adequacy Analysis, Financial and Investment Risk, and Market Risk.
  • Responsible for managing and executing model validation activities, including validation, annual review, ongoing monitoring, findings management, and model use approvals for low-, moderate-, or high-risk models.
  • Leads a team of junior quantitative model validators to test and evaluate the conceptual soundness of models and assess limitations and suitability for use.
  • Subject matter expert in a key model risk area such as Artificial Intelligence / Machine Learnings, Statistical and Stochastic processes, Finance / Banking / Econometrics or Insurance and Actuarial Modeling.

Required Qualifications :

  • Has a proven track record with a minimum of ten years of experience with Masters (or eight years with PhD) in model risk management in banking or insurance.
  • Has a master’s degree in computational finance, economics, science, data science, math, statistics, or related area.
  • Previous people leadership experience and shown ability to mentor and develop people.
  • Confirmed ability to apply both strategic and analytic techniques to provide business solutions and recommendations.
  • Ability to work independently with high initiative and comfortable working optimally in a collaborative team environment.
  • Proven success in communicating sophisticated information to senior management in a compelling fashion.
  • Strong written and verbal communication skills.
  • Leads organizational change with varying audiences, can successfully influence partners.

    • About Our Company

    Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 125 years. We are a U.S. based financial planning company headquartered in Minneapolis with a global presence. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions and work with other talented individuals who share your passion for doing great work. You’ll also have plenty of opportunities to make your mark at the office and a difference in your community. So if you're talented, driven and want to work for a strong ethical company that cares, take the next step and create a career at Ameriprise India LLP.

    Ameriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

    Full-Time / Part-Time

    Full time

    Timings

    2 : 00p-10 : 30p)

    India Business Unit

    AWMPO AWMP&S President's Office

    Job Family Group

    Business Support & Operations