Lead - Quant Model Validator

1 - 5 years

0 Lacs

Posted:6 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Model Validator at Ameriprise India LLP, you will be responsible for executing model validation activities for low- and moderate-risk models. This includes conducting validation, annual reviews, ongoing monitoring, findings management, and model use approvals. You may also assist in testing and validating higher risk models, reviewing the conceptual soundness of models, and assessing their limitations and suitability for use. Your knowledge in key model areas such as Artificial Intelligence/Machine Learning, Statistical and Stochastic processes, or Insurance and Actuarial Modeling will be essential for this role. Key Responsibilities: - Conduct finding closures, annual reviews, and model change validations for low-, moderate-, and high-risk models. - Collaborate with model owners and developers to promote best practices and resolve questions or deficiencies. - Support administrative activities like planning book of work, adhoc reviews, and peer coaching. - Uphold model governance policies and procedures, templates, and risk reporting. - Provide level 2 technical support to business stakeholders. Required Qualifications: - Minimum of 3 years of experience with a master's degree or 1-2 years with a PhD in model risk management in banking or insurance. About Our Company: Ameriprise India LLP has a rich history of 125 years in providing client-based financial solutions to help clients plan and achieve their financial objectives. Headquartered in Minneapolis, we are a U.S.-based financial planning company with a global presence. Our focus areas include Asset Management and Advice, Retirement Planning, and Insurance Protection. Join our inclusive and collaborative culture that rewards contributions and offers opportunities for growth and community impact. If you are talented, driven, and seeking to work for an ethical company that cares, consider creating a career at Ameriprise India LLP. 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,

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