Posted:5 days ago| Platform:
Work from Office
Full Time
Responsible for executing model validation activities, including validation, annual review, ongoing monitoring, findings management, and model use approvals for low- and moderate- risk models. May assist in testing and validation of higher risk models and review the conceptual soundness of models and assess limitations and suitability for use. Knowledge in one or more key model areas of Artificial Intelligence/Machine Learnings, Statistical and Stochastic processes, or Insurance and Actuarial Modeling. Key Responsibilities: Conducts finding closures, annual reviews of low-, moderate-, high-risk models. Responsible for conducting model change and BAU validations for low-, moderate-, high-risk models. Consults with model owners and model developers to promote best practices and resolve questions or deficiencies. Supports in administrative activities like planning book of work, adhoc reviews, peer coaching etc. Supports model governance policies and procedures, templates, and risk reporting and provides level 2 technical support to business. Required Qualifications: Has a minimum of 3 years of experience with masters degree or 1-2 years with PhD, in model risk management in banking or insurance. 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 youre 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. Full-Time/Part-Time Timings (2:00p-10:30p) India Business Unit AWMPO AWMP&S Presidents Office Job Family Group Business Support & Operations
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