Validate and approve models for specific usages both at inception and on a periodic basis, and of model changes, as well as conducting annual reviews
Job Summary
Validate and approve models for specific usages both at inception and on a periodic basis, and of model changes, as well as conducting annual reviews.
Contribute or set strategy, drive requirements and make recommendations for change, plan resources, budgets, and policies.
Validate credit risk related regulatory (IRB, IFRS9, CCAR and Stress Testing) models for wholesale portfolios by following Bank’s policies and standards.
Matching Summary
Validate and approve models for specific usages both at inception and on a periodic basis, and of model changes, as well as conducting annual reviews.
Skills & Requirements
Must-have
Model Risk Management
Independent Validation Unit
Credit Risk Models
Quantitative Techniques
SAS, Python, R
Regulatory Compliance
Nice-to-have
Stakeholder Management
Strategic Thinking
Digital Transformation
Leadership Behaviors
Problem Solving
Key Requirements
Masters in Statistics, Mathematics, Economics, Operational Research, Engineering, MBA