Senior Manager - Quant Model Validator Ameriprise Financial Services, LLC

8.0 - 12.0 years

0 Lacs

maharashtra

On-site

As a Senior Manager - Quantitative Model Validator at Ameriprise Financial, you will have the exciting opportunity to lead and execute model validation activities. Your responsibilities will include validating models, conducting annual reviews, monitoring ongoing activities, managing findings, and approving model usage. You will play a crucial role in addressing regulatory requirements, handling internal and external audit queries, and ensuring compliance. Reporting directly to Model Validation Leadership for AI/ML, you will be responsible for evaluating the conceptual soundness of low- to moderate-risk models. Additionally, you will assess limitations and suitability for use while coordinating validation projects with a team of 2-3 individuals. It is essential that you demonstrate expertise in key model risk areas such as Artificial Intelligence, Machine Learning, Generative AI, or Decision Sciences. To be successful in this role, you must have a minimum of 8 years of experience in model risk management within the banking or insurance sector, preferably with a Master's degree (or two years with a PhD) in a relevant field like science, data science, math, or statistics. You should possess previous experience in people or project leadership, with a proven ability to coach and mentor others. Your strategic thinking and analytical skills will be instrumental in providing effective business solutions and recommendations. The ideal candidate will be able to work independently with initiative while thriving in a collaborative team environment. You should excel in communicating complex information to senior management convincingly and have strong written and verbal communication skills. Your ability to lead organizational change and influence partners effectively will be highly valued. Preferred qualifications include a PhD or Master's degree in science, data science, math, statistics, or related fields, along with familiarity with regulatory guidance such as SR 11-7, OCC 2011-12, or similar frameworks. Ameriprise India LLP has a rich history of providing client-focused financial solutions for over 125 years. Join our U.S.-based financial planning company headquartered in Minneapolis with a global presence. Our focus areas include Asset Management and Advice, Retirement Planning, and Insurance Protection. Embrace our inclusive and collaborative culture that rewards contributions and offers opportunities for personal and professional growth. If you are a talented individual who values ethical practices and desires to make a positive impact, consider building your career with Ameriprise India LLP. This is a full-time position with working hours from 2:00 PM to 10:30 PM. Join the Business Support & Operations team at Ameriprise India LLP and be part of a dynamic and rewarding work environment.,

Posted 6 days ago

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