Quantitative Model Review Specialist

The successful candidate will join the Model Risk Management and Validation Group (MRM&V).

performs independent analytical reviews and validations of all models .

Responsibilities :

Perform independent review and model validation of Artificial Intelligence and Machine

• Learning (AI / ML) models;

Conduct model architecture review, theoretical soundness assessments and performance

Present the reports and findings to various review / approval committees and to other

Develop creativeapproaches to effectively communicate complicated concepts, model

Participate in peer brainstorm review sessions and help other MRM&V members to solve

work closely with cross-functional teams, including senior

model validators, model developers, risk officers, and business units, to ensure models are

effectively integrated into business decision-making processes.

Represent Model Risk management team in the interactions with regulatory agencies.

Work Location : Bangalore / Hyd / Chennai

Qualifications

2 or more years experiences in model development or validation.

Familiar with essential quantities techniques used in financial models.

Quantitative programming skill (e.G., SAS / SQL, Python, R, etc.).

Knowledge with Machine Learning algorithm in model development or validation is a plus.

Very good communication skills (both verbal and written) as well as solid project management

skills and ability to multitask.

Good business knowledge and familiarity with consumer / small business / commercial banking

products, operation, and credit processes.

Prior experience with developing or validating models such as stress testing, prepayment or

profitability models will be a plus.

Prior experience in delivering both written and verbal communications to a senior management

audience and developing constructive relationships with a wide range of different stakeholders.