44 Model Risk Jobs - Page 2

About The Role : Job Title Associate, MoRM (DIPL) LocationMumbai, India Role Description Model Risk Managements mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for: Performing robust independent model validation; Ensuring early and proactive identification of Model Risks; Effectively managing and mitigating Model Risks; Establishing Model Risk metrics; Designing and implementing a strong Model Risk Management and governance framework; Supporting bank-wide Model Risk-related policies. This role spans all aspects of validation applicable to the portfolio of estimation approaches within the Deutsche Bank Combined US Operations (CUSO) across all relevant business units and risk types. What we'll offer you As part of our flexible scheme, here are just some of the benefits that youll enjoy: Best in class leave policy. Gender neutral parental leaves 100% reimbursement under childcare assistance benefit (gender neutral) Sponsorship for Industry relevant certifications and education Employee Assistance Program for you and your family members Comprehensive Hospitalization Insurance for you and your dependents Accident and Term life Insurance Complementary Health screening for 35 yrs. and above Your key responsibilities The core responsibility will be to validate IB Stress testing models used within the larger CCAR PPNR umbrella for DB USA. Its important for incumbent to grasp and understand Investment Banking side of the banks business. However, the role might necessitate model validator to be flexible in moving around different risk areas within US model validation team outside of core area of responsibility. Key tasks include, but not limited to model performance testing, scenario analysis, sensitivity analysis, and conceptual assessment of model assumptions/limitations/weaknesses. Developing challenger models including independent data collection and by performing complex analysis and testing. Follow regulatory guidelines and the Banks policies and procedures for model risk management, especially CCAR-specific guidelines. Bringing efficiency by automating processes and uplifting frameworks. Your skills and experience 3-6 years of professional experience in model development/ validation or related areas. Previous experience in stress testing (DFAST/CCAR/ICAAP) would be a plus. Ability to analyse and understand financial statements (Balance sheet, Income statement) will be advantageous. Candidate needs to have decent knowledge about financial products and the associated risk factors. Candidate needs to have above average report drafting skills and should be able to independently compile model validation reports, follow-through on mitigation of validation findings, and documentation thereof. Very strong data management and analysis skills with experience in relevant software packages, e.g., R and Python. Good presentation & communication skills Candidates with Mathematics/Statistics/Economics/Engineering/ MBA or allied background holding Graduate/Post-Graduate degrees are preferred. CFA / FRM certification will be a plus for the role. How we'll support you Training and development to help you excel in your career. Coaching and support from experts in your team A culture of continuous learning to aid progression. A range of flexible benefits that you can tailor to suit your needs. About us and our teams Please visit our company website for further information: https://www.db.com/company/company.htm We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment.

About The Role : Job TitleAssociate, MoRM (DIPL) LocationMumbai, India Role Description Model Risk Managements mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for: Performing robust independent model validation; Ensuring early and proactive identification of Model Risks; Effectively managing and mitigating Model Risks; Establishing Model Risk metrics; Designing and implementing a strong Model Risk Management and governance framework; Supporting bank-wide Model Risk-related policies. This role spans all aspects of validation applicable to the portfolio of estimation approaches within the Deutsche Bank Combined US Operations (CUSO) across all relevant business units and risk types. What we'll offer you As part of our flexible scheme, here are just some of the benefits that youll enjoy: Best in class leave policy. Gender neutral parental leaves 100% reimbursement under childcare assistance benefit (gender neutral) Sponsorship for Industry relevant certifications and education Employee Assistance Program for you and your family members Comprehensive Hospitalization Insurance for you and your dependents Accident and Term life Insurance Complementary Health screening for 35 yrs. and above Your key responsibilities The core responsibility will be to validate IB Stress testing models used within the larger CCAR PPNR umbrella for DB USA. Its important for incumbent to grasp and understand Investment Banking side of the banks business. However, the role might necessitate model validator to be flexible in moving around different risk areas within US model validation team outside of core area of responsibility. Key tasks include, but not limited to model performance testing, scenario analysis, sensitivity analysis, and conceptual assessment of model assumptions/limitations/weaknesses. Developing challenger models including independent data collection and by performing complex analysis and testing. Follow regulatory guidelines and the Banks policies and procedures for model risk management, especially CCAR-specific guidelines. Bringing efficiency by automating processes and uplifting frameworks. Your skills and experience 3-6 years of professional experience in model development/ validation or related areas. Previous experience in stress testing (DFAST/CCAR/ICAAP) would be a plus. Ability to analyse and understand financial statements (Balance sheet, Income statement) will be advantageous. Candidate needs to have decent knowledge about financial products and the associated risk factors. Candidate needs to have above average report drafting skills and should be able to independently compile model validation reports, follow-through on mitigation of validation findings, and documentation thereof. Very strong data management and analysis skills with experience in relevant software packages, e.g., R and Python. Good presentation & communication skills Candidates with Mathematics/Statistics/Economics/Engineering/ MBA or allied background holding Graduate/Post-Graduate degrees are preferred. CFA / FRM certification will be a plus for the role. How we'll support you Training and development to help you excel in your career. Coaching and support from experts in your team A culture of continuous learning to aid progression. A range of flexible benefits that you can tailor to suit your needs. About us and our teams Please visit our company website for further information: https://www.db.com/company/company.htm We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment.

About The Role : Job TitleTreasury Model Validation Specialist Corporate TitleAssistant Vice President LocationMumbai, India Role Description Model Risk Management (MoRM) is responsible for the management of model risk in DB Group. This includes the independent validation of risk models as well as the identification, monitoring & controlling of model risk. Our aim is to identify, aggregate, manage and mitigate model risk across all risk types (market, credit, liquidity, operational and business risk). MoRM is located in Frankfurt, London, New York, Berlin, Bonn and Mumbai. For our team Treasury Model Validation, being responsible for the validation of all models owned by Deutsche Bank Treasury and legal entities like BHW, which includes IRRBB (Interest Rate Risk in the Banking Book) and liquidity risk models, we are looking for a model validation specialist located in Mumbai. What we'll offer you As part of our flexible scheme, here are just some of the benefits that youll enjoy, Best in class leave policy. Gender neutral parental leaves 100% reimbursement under childcare assistance benefit (gender neutral) Sponsorship for Industry relevant certifications and education Employee Assistance Program for you and your family members Comprehensive Hospitalization Insurance for you and your dependents Accident and Term life Insurance Complementary Health screening for 35 yrs. and above Your key responsibilities Challenge, analyse, test, and independently validate mathematical and statistical risk models used by DB Treasury (mainly interest rate risk and liquidity models). Design and implementation of challenger models. Creation of validation reports and communication of validation results in various fora. Collaborating in the development and maintenance of an internal Python library to improve the efficiency of testing and documentation. Engaging with the due diligence aspects of the New Product Approval Process, and oversight of model governance for Treasury products. Your skills and experience Graduate degree in mathematics or mathematical finance, statistics, physics, or a comparable education or equivalent qualification (PhD or equivalent is not required but would be beneficial). At least 3 years of experience for AVP in model validation, other quantitative risk management role or Front Office quantitative discipline or experience in academic research. Strong understanding in financial markets (especially of risk management models, methodologies, and regulations for banking book), demonstrated by qualifications and experience. Prior experience with Interest Rate Risk / Liquidity risk will be very useful. Strong analytical skills & proven ability to structure and solve problems independently. Experience with programming languages and using related tools (e.g. Python, LaTeX). The ability to explain complex mathematical concepts and results to stakeholders. Self-motivated and solution-oriented team player. Excellent written and verbal skills in English. How we'll support you Training and development to help you excel in your career. Coaching and support from experts in your team. A culture of continuous learning to aid progression. A range of flexible benefits that you can tailor to suit your needs. About us and our teams Please visit our company website for further information: https://www.db.com/company/company.htm We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment.

About The Role : Job TitleModel Validation Specialist- Derivative Pricing Corporate TitleAVP LocationMumbai, India Role Description Model Risk Managements mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for: Performing robust independent model validation; Ensuring early and proactive identification of Model Risks; Designing and recommending Model Risk Appetite; Effectively managing and mitigating Model Risks; Establishing Model Risk metrics; Designing and implementing a strong Model Risk Management and governance framework; Creating bank-wide Market Risk policies The Pricing Model Validation team as part of MoRM is responsible for the independent review and analysis of all derivative pricing models used for valuation and pricing across the bank. What we'll offer you As part of our flexible scheme, here are just some of the benefits that youll enjoy Best in class leave policy Gender neutral parental leaves 100% reimbursement under childcare assistance benefit (gender neutral) Sponsorship for Industry relevant certifications and education Employee Assistance Program for you and your family members Comprehensive Hospitalization Insurance for you and your dependents Accident and Term life Insurance Complementary Health screening for 35 yrs. and above Your key responsibilities The role is to independently review and analyse derivative models for pricing and risk management across Rates, FX and Hybrids. The role as a Quantitative Analyst in Mumbai will work closely with the pricing validation team in London and Berlin to produce, analyse and document validation testing. Reviews and analysis require a good understanding of the mathematical models used, implementation methods, products traded in these markets, and the associated risks. The outcome of review and analysis and independent implementation will form the basis of discussion with key model stakeholders includingFront Office Trading; Front Office Quants; Market Risk Managers; and Finance Controllers. Your skills and experience Excellent mathematical ability with an understanding of Stochastic Calculus, Partial Differential Equations, Monte-Carlo Methods, Finite Difference Methods, and Numerical Algorithms. Strong interest in financial markets (especially derivative pricing) demonstrated by qualifications and/or experience. Experience coding in Python an advantage. Excellent communication skills both written and oral. Education/Qualifications Academic degree in a quantitative discipline (e.g. Mathematical Finance / Statistics, Maths, Physics, Engineering) with a focus on application. How we'll support you Training and development to help you excel in your career Coaching and support from experts in your team A culture of continuous learning to aid progression A range of flexible benefits that you can tailor to suit your needs About us and our teams Please visit our company website for further information: https://www.db.com/company/company.htm We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment.

Min exp 3 years in model validation/development Package upto 38 lpa Bangalore location Pls Call Vikas 8527840989 Email vikasimaginators@gmail.com

Min exp 3 years in model validation/development Package upto 38 lpa Bangalore location Call on 7042331616 or drop cv n supreet.imaginators@gmail.com

Roles and Responsibilities Develop credit risk models using SAS, SQL, and statistical modeling techniques to predict defaults, losses, and other credit-related metrics. Collaborate with cross-functional teams to design and implement effective credit risk strategies that meet business objectives. Conduct stress testing and scenario analysis to identify potential risks and opportunities for growth. Provide data insights and recommendations to stakeholders on loss forecasting, scorecards, and portfolio performance. Desired Candidate Profile 2+ years of experience in Credit Risk Modelling/Analytics or related field. Strong expertise in Basel II/III regulations, CECL/CCAR requirements under IFRS9 framework. Proficiency in programming languages such as Python/R/SAS; strong understanding of machine learning algorithms an added advantage.

Roles and Responsibilities Develop credit risk models using SAS, SQL, and statistical modeling techniques to predict defaults, losses, and other credit-related metrics. Collaborate with cross-functional teams to design and implement effective credit risk strategies that meet business objectives. Conduct stress testing and scenario analysis to identify potential risks and opportunities for growth. Provide data insights and recommendations to stakeholders on loss forecasting, scorecards, and portfolio performance. Desired Candidate Profile 2+ years of experience in Credit Risk Modelling/Analytics or related field. Strong expertise in Basel II/III regulations, CECL/CCAR requirements under IFRS9 framework. Proficiency in programming languages such as Python/R/SAS; strong understanding of machine learning algorithms an added advantage.

3 Years+ Exp. in Market Risk (Market Risk+ Model Validation/Development+ Statistical knowledge are mandatory) MBA Budget - Upto 37 LPA 5 Days/Cabs Please Call - 9999869475 Required Candidate profile Model development/validation/audit/review primarily for market risk including Value at Risk models, &/or derivative pricing & valuation models primarily for CCAR/DFAST reporting including CVA models.

Job Summary The role holder is a part of the Model Risk Policy and Governance (?MRPG?) function in Bangalore, India focusing on providing integrated support for the Group The role holder would support the ERM Model Risk Management team to ensure that Group Model Risk Policy (GMRP) and Group Model Risk Standards (GMRS) are adhered to The role holder would be the primary point of contact for Traded Risk model families within MRPG The role holder is responsible for providing effective governance, oversight, and controls in accordance with model risk governance and risk reporting responsibilities The role holder is responsible for preparing monthly and quarterly model risk information reports and any other ad-hoc reports as required This includes engagement with stakeholders for inputs and review/ challenge of progress updates provided by stakeholders against timelines The role holder would support the SS1/23 roll out in the Traded Risk model families by actively engaging with the stakeholders The role holder would support the building of the Group DQMs Inventory tool (Model Risk Management System), various functionalities in GAME (Model Inventory Platform) & Dashboard enhancements by collaborating with the MRMS /GAME development team to provide end-to-end support for implementation of various workflows, tasks and functionalities that is aligned to the industry standards Key Responsibilities The role holder support the ERM Model Risk Management team to ensure that Group Model Risk Policy (GMRP) and Group Model Risk Standards (GMRS) are adhered to Business The role holder is a part of the Model Risk Policy and Governance (?MRPG?) function in Bangalore, India focusing on providing integrated support for the Group Processes Maintain Frameworks, Policies, and Standards Support the periodic review and maintenance of Model Risk RTF, Group Model Risk Policy (GMRP), Group Model Risk Standard (GMRS), Group Deterministic Quantitative Methods (DQM) Standards, and Model Family Standards (MFS) This includes initiating periodic reviews, managing stakeholder consultations, thematic reviews and supporting the final incorporation of changes to the documents Provide ongoing support for the implementation of RCSA controls (operational risk controls, control tests, key control indicators for policy compliance) and residual risk assessments across Traded Risk model families Support the effectiveness reviews performed for the RTF, policy, and standards Manage the periodic policy compliance assessments for the assigned model families to ensure adherence to the GMRP Oversight Reporting Prepare monthly and quarterly model risk information reports, oversight reports, Data Quality (DQ) items report and any other ad-hoc reports as required This includes engagement with stakeholders for inputs and review/ challenge of progress updates provided by stakeholders against timelines Act as the primary point of contact for Traded Risk model families within MRPG Provide inputs and manage queries specific to these model families as a part of the various oversight and reporting activities Identify, review and track model risk issues and ensure that these are reported to senior management with remediation plans in place and are tracked to completion Provide oversight on various Data quality (DQ) items related to Inventory via DQ item Dashboard and ensure that these are managed by relevant stakeholders with periodic follow-ups to bring them to closure Skills And Experience SS1/23 roll out and Other Streamlining Initiatives Support the SS1/23 roll out in the Traded Risk model families by actively engaging with the stakeholders and ensuring that the actions as per the Road to Compliance (RTC) is met within the timeline Support the building of the Group DQMs Inventory tool (Model Risk Management System) by collaborating with the MRMS development team to provide end-to-end support for implementation of various workflows, tasks and functionalities that is aligned to the industry standards Support the stakeholders in Traded Risk model families to roll out various SS1/23 requirements via using the MRMS as required Support the GAME (Model Inventory Platform) & Dashboard enhancements by actively engaging in the implementation of its functionalities, as required Collaborate with GAME development team to provide end-to-end support for implementation of various functionalities and workflow that is aligned to the industry standards Support the efforts to improve and streamline existing processes and contribute to building standard templates, procedures, and practices to provide an efficient oversight to the model life cycle, as required Provide support for the effective administration of the Group Model Inventory tool (GAME Global Model Analytics Explorer) and Group DQMs Inventory tool (Model Risk Management System) Provide support to continuously improve the operational efficiency and effectiveness of the Model Risk Management processes People & Talent The role holder is a good team player Collaborative; working as a part of a broader team to ensure a coordinated and consistent approach Risk Management Regulatory Evaluation and Updates Coordinate and provide periodic updates to senior management on upcoming regulatory changes and its impact on the functioning of MRM frameworks Support the coordination of regulatory capital analysis, consultations, responses impacting risk models, policies, and processes for the ERM function Governance Support the SS1/23 roll out in the Traded Risk model families by ensuring the Group DQM Standards is complied by the stakeholders Ensure that outcomes delivered, including necessary controls are fit for purpose and meet regulatory requirements and ensure the Banks risk governance disciplines are adhered with Support through awareness and understanding of the regulatory framework (specifically FED SR 11/7 or PRA SS 3/18, SS1/23) in which the Group operates, and the regulatory requirements and expectations relevant to the role Oversee changes in the Groups arrangements to deliver effective governance, oversight, and controls in accordance with model risk governance and risk reporting responsibilities Qualifications Model Risk Management Team Members of ERM Management Team Policy Owners, Model Sponsors and Global process Owners Traded Risk Management (TRM) team Independent Review Function Financial Markets COO team Model Analytics Group (MAG), FM Country CRO, RFO, Governance teams Internal Audit Functions Group OR, and other business COOs The role holder should bring the following experience and capabilities: Market Knowledge: 8-12 years of total experience with minimum 4-5 years of experience in Model Risk Management Good communicator, in particular written communications in English Ability to explain complex matters in simple and intuitive terms Ability to track and report progress updates of multiple areas against milestones and highlight key issues Collaborative; working as part of a broader team to ensure a coordinated and consistent approach Good organiser of incoming requests within the team Ability to work with minimal direction Demonstrate understanding of and commitment to the Group's core values Ownership mindset, able to think creatively and be open to new ideas Able to work with tight deadlines and multiple demands Attention to detail Proactive, problem-solving, helpful Strong experience in MS Outlook, Word, Excel, Power Point, and preferably Atlassian JIRA Qualifications EDUCATION Bachelors degree qualifications and 812 years of experience in Banking\Financial Services having good exposure to Model Risk Policy and Governance TRAINING The role holder should comply with all mandatory e-learning as prescribed from time to time About Standard Chartered We're an international bank, nimble enough to act, big enough for impact For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours When you work with us, you'll see how we value difference and advocate inclusion Together We Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term What We Offer In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum Flexible working options based around home and office locations, with flexible working patterns Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies everyone feels respected and can realise their full potential Show more Show less

Roles and Responsibilities Develop credit risk models using SAS, SQL, and statistical modeling techniques to predict defaults, losses, and other credit-related metrics. Collaborate with cross-functional teams to design and implement effective credit risk strategies that meet business objectives. Conduct stress testing and scenario analysis to identify potential risks and opportunities for growth. Provide data insights and recommendations to stakeholders on loss forecasting, scorecards, and portfolio performance. Desired Candidate Profile 2+ years of experience in Credit Risk Modelling/Analytics or related field. Strong expertise in Basel II/III regulations, CECL/CCAR requirements under IFRS9 framework. Proficiency in programming languages such as Python/R/SAS; strong understanding of machine learning algorithms an added advantage.

Role Description DWS Group (DWS) is one of the world's leading asset managers with EUR 841bn of assets under management (as of 31 March 2023). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognised by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines. We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management as well as our deep environmental, social and governance focus complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically. The Risk platform is the independent risk oversight function of DWS. Model Risk is part of the Risk function and is designed to provide governance and control to manage a variety of models used in the Firm and associated risks. The Model Risk team works as a global organization with team members in New York, London and Frankfurt with a focus around validating, testing and overseeing the usage of models related to Corporate Risk (liquidity/economic capital) and Investment Risk for Liquid and Illiquid investment strategies. Your key responsibilities Leading the delivery of the validation Book of Work for all Artificial Intelligence (AI) and Machine Learning (ML) models across the organization Conducting model validations on the DWS models, both in-house and vendor models, based on regulatory guidance, internal policy and procedures and best industry practice and communicate findings and recommendations to model owners and prepare the model validation reports Working closely with Investment teams on topics including model assumptions and limitations to ensure models remain fit for purpose Participating in independent model reviews on complex topics in accordance with business needs and regulatory requirements Review ongoing model monitoring reports, identify potential model risk and document the findings to key stakeholders while evaluating the corrective actions Assist in building benchmark models used across the model validation team, design backtesting or other methodologies to test the conceptual soundness of model assumptions We are looking for: Proven experience in the field of Quantitative Risk Management associated to AI and ML Experience of AI and ML model development from across the Investments, Consulting or Banking industry with an understanding of concepts associated to validating or developing risk models Strong quantitative skills utilising at least one of Python or C++ Good understanding of valuation methods, capital markets, portfolio theory and risk management Excellent verbal and written communications skills -- previous experience of writing either technical documentation related to model validation or development or independent peer-reviewed research articles Educated to post-graduate degree level in a quantitative field such physics, mathematics, statistics, economics or engineering, or with relevant industry experience / professional qualification

Job Title: Risk Analyst/Senior Risk Analyst Model Governance The Risk platform is the independent risk oversight function of DWS. Model Risk is part of the Risk function and is designed to provide governance and control to manage a variety of models used in the Firm and associated risks. The Model Risk team works as a global organization with team members in New York, London and Frankfurt with a focus around validating, testing and overseeing the usage of models related to Corporate Risk (liquidity/economic capital) and Investment Risk for Liquid and Illiquid investment strategies. Your key responsibilities: As a Risk Analyst/Senior Risk Analyst you will: Contribute to the enhancement of DWS model risk appetite and management framework definition Engage model owners/users/developers for the collation and ongoing maintenance of the DWS Model Inventory Support the management the model approval process, administration for initial use approval, subsequent approvals, and model change oversight Implement model risk governance processes including model risk assessment and reporting thereon to relevant governance forums Interact with internal/external audit on model risk management topics. Compile and distribute model governance forum materials Coordinate with Model Validation for the firms models; define validation priorities for both in-house and vendor models, based on regulatory guidance, internal policy and procedures and best industry practice Work with technology partners to design and roll out the firms strategic model inventory and workflow solution Review validation findings, recommendations, and reports, while tracking and reporting of model findings and remediation status Your skills and experience: We are looking for:Strong experience in Model Governance and/or Model Risk ManagementStrong knowledge of Model Risk regulatory requirements and industry standard practiceExceptional interpersonal skills and ability to collaborate successfully.Proven success as a trusted partner who implements change and positively influences change adoption by end usersEducated to degree level in a financial related discipline or with relevant professional experience How we'll support you Training and development to help you excel in your career Flexible working to assist you balance your personal priorities Coaching and support from experts in your team A culture of continuous learning to aid progression

Role Description About Chief Risk Office (CRO) The Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and has the responsibility of continual development of methods for risk measurement, frameworks and creating a bank wide strong risk culture. About the Wealth Management (WM) business in the Private Bank Deutsche Bank's Wealth Management business is one of the largest wealth managers worldwide. As a trusted partner of wealthy individuals and entrepreneurs, family offices and foundations, we create lasting value for clients. We specialize in developing bespoke solutions for our clients around the world, for instance wealth planning across successive generations and international borders, asset management with individual risk management, loans and deposits. All this is possible thanks to our global network, our many years of experience and our close collaboration with the Corporate Bank, Investment Bank and DWS. The Lombard Lending and Derivatives Risk Management Pre-Deal team is responsible for the analysis, monitoring and management of credit risk from Lombard Lending trades and IPB derivative trades across all asset classes. Your key responsibilities You perform Pre-deal trade level Advance Ratio calculation for Lombard Lending collateral as well as Credit Exposure and Initial Margin calculation for derivatives - fixed income, foreign exchange, commodities, credit, Emerging Markets and asset-backed securities. The Pre-Deal assessment uses quantitative and qualitative risk management techniques such as VAR, Potential Future Exposure, back-testing, scenario and stress testing and identification of other non-trivial risks (liquidity, wrong-way, dislocation, concentration risk, gap risk). You review Advance Ratio calculation rules and coordinate the implementation of new rules. You update the WM methodology handbook, business requirement documentations, KOPs and calculation workbooks. You closely interact with Lending Business, IPB & WM credit analysts and the IPB Agile team to discuss new trades, inherent risk and defend risk calculation approach, identify market trends, perform and communicate portfolio impact and concentration risk analysis, and identify and monitor deteriorating collateral. Your skills and experience University degree in Finance, Mathematics, Engineering, Physics, Economics, Econometrics, Statistics and if the degree is in Humanities subjects, then strong programming skills would be essential. Knowledge of financial markets, traded products, risk concepts and strong derivative product knowledge across multiple asset classes. Strong mathematical and statistical background, attention to details and strong analytical skills. Experienced in methodology development for financial products and excellent communication skills with ability to articulate technical and financial topics with Global stakeholders. 2-6 years working experience in Model Risk, Lombard Lending, Derivatives Business or Risk Management. Working experience in Excel and using large data sets in a statistical software package as Python for analysis and risk management. Able to multi-task and deliver under tight deadlines.

Role Description DWS Group (DWS) is one of the world's leading asset managers with EUR 941bn of assets under management (as of 31 March 2024). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognised by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines. We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management as well as our deep environmental, social and governance focus complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically. The Risk platform is the independent risk oversight function of DWS. Model Risk is part of the Risk function and is designed to provide governance and control to manage a variety of models used in the Firm and associated risks. The Model Risk team works as a global organization with team members in New York, London and Frankfurt with a focus around validating, testing and overseeing the usage of models related to Corporate Risk (liquidity/economic capital) and Investment Risk for Liquid and Illiquid investment strategies. Your key responsibilities: Conducting model validations on the DWS models, both in-house and vendor models, based on regulatory guidance, internal policy and procedures and best industry practice and communicate findings and recommendations to model owners and prepare the model validation reports. Working closely with Investment teams on topics including model assumptions and limitations to ensure models remain fit for purpose. Participate in independent model reviews on complex topics in accordance with business needs and regulatory requirements. Review ongoing model monitoring reports, identify potential model risk and document the findings to key stakeholders while evaluating the corrective actions. Assist in building benchmark models used across the model validation team, design backtesting or other methodologies to test the conceptual soundness of model assumptions. Your skills and experience: Previous quantitative risk management, model validation or model development experience from across the Investments, Consulting or Banking industry with sound experience of validating or developing valuation or risk models across asset classes such as FX, Rates and Equities. Strong quantitative skills utilising at least one of Python or C++. Good understanding of valuation methods, capital markets, portfolio theory and risk management. Excellent verbal and written communications skills -- previous experience of writing either technical documentation related to model validation or development or independent peer-reviewed research articles. Educated to post-graduate degree level in a quantitative field such physics, mathematics, statistics, economics or engineering, or with relevant industry experience professional qualification. How we'll support you Training and development to help you excel in your career Flexible working to assist you balance your personal priorities Coaching and support from experts in your team A culture of continuous learning to aid progression

Job Position - Model Risk Management (Model Development / Model Validation) + Credit Risk or Fraud Risk Open Levels - Sr Engagement Manager / Assistant Director Experience - 8 Years - 16 Years Locations - Chennai / Bangalore / Hyderabad - Hybrid Mode Notice Period - 0- 30 Days Only or Immediate Joiners Job Responsibilities: 1. Monitor and validate aggregate model risk in alignment with bank's risk strategy 2. Perform independent validations of financial, statistical, and ML models commensurate with their criticality ratings 3. Assist with the validation and review of models regarding their theoretical soundness, testing design, and points of weakness 4. Interpret data to recognize any potential risk exposure 5. Development of challenger models that help validate existing models and assist with outcome analysis 6. Ensure compliance with the model risk monitoring framework 7. Evaluate governance for Model Risk Management by reviewing policies, controls, risk assessments, documentation standards, and validation standards Required Qualifications, Capabilities and Skills: 1) Degree Graduate/master's degree in statistics, econometrics, mathematics, computational finance, or similar 2) Deep knowledge in Quantitative methods / econometrics/ statistics. Desired Experience: 1) Experience in a quantitative risk function 2) Prior experience in Model Validation /development in Banking domain 3) Good working knowledge of, Python and SQL, Machine learning, exploratory data analysis 4) Good Report writing skills Desirable Skills: 1) Prior experience in development/validation of statistical model in Fair lending/Credit risk/Anti money laundering 2) Good to have experience in building risk models related to Organization and Behavior scorecard 3) Hands on Development experience in python/py-spark/ SAS

About the Role The candidate should have masters degree in Statistics, Econometrics, or a related quantitative field. Proven experience in Risk Modelling/Model validation and proficiency with statistical modelling software (R’ & SAS) is desired. Key Responsibilities Model Risk specialist, in close collaboration with Risk Audit team members will execute audits and other model risk audit related activities to ensure efficient and high quality audit execution for critical models in use at the Bank. The internal audit role would include the following as part of the day-to-day job: Audit of model development and validation process within the Bank. Updating risk and control matrix and checklist for audits being undertaken. Undertaking detailed walkthrough of the processes being audited and develop data request for the audit Updating of internal audit MIS with the status of audit observations and other actionable emanating to the audit department Assisting in making presentations to senior management and audit committee on the audits undertaken and performance of internal audits Provide necessary support in automating tests used in audit execution for achieving Continuous Control Monitoring (CCM) Qualifications: Optimal qualification for success on the job is: Knowledge of SR 11-7 guidelines and its implementation for the model governance Experience in development and validation of statistical models in use across banks, primarily for the purpose of Credit underwriting and measurement & management of Credit Risk, Market & ALM Risk, ICAAP & Stress testing etc. Previous work experience in Risk Analytics or Model Risk team of a bank or Risk advisory team of leading consulting firm with majority of time allocated on developing or validating statistical/econometric models Proficiency in statistical modeling software ‘R’, Python, SAS & SQL is an added advantage • Excellent written and verbal communication skills Role Proficiencies: For successful execution of the job, a candidate should possess the- Knowledge of relevant Audit Systems Good communication (both verbal & written) and inter-personal skills Strong Excel and database manipulation skills, financial and statistical analysis skills) Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment Ability to prioritize and make decisions in a fast-paced environment Ability to manage multiple tasks/projects and deadlines simultaneously

Location -Gurgaon Time 1 pm to 10pm Both sides cab available Please share your cv at surbhi.malhotra@nlbtech.com Document and validate fraud detection models from various vendors, including but not limited FICO, VISA and STAR. Ensure models are accurately tuned and meet regulatory and business requirements. Prepare detailed reports and presentations on fraud trends, model performance, and recommendations for improvement. Communicate findings to stakeholders and senior management effectively. Create and maintain comprehensive Model Development Reports (MDRs) summarizing validation activities, methodologies, and results. Conduct thorough assessments of financial crime models to identify strengths, weaknesses, and areas for improvement. Perform detailed data analysis to evaluate the accuracy and reliability of fraud-related findings. Identify any discrepancies or anomalies in the data provided by financial crime vendors. Ensure all documentation adheres to regulatory and organizational standards. Collaborate with model development, and compliance teams to address any concerns or issues identified during the validation process. Stay abreast of industry best practices and regulatory changes related to credit reporting and scoring Please share your surbhi.malhotra@nlbtech.com Bachelors/ masters degree in Statistics, Economics or a related field (FRM is a plus). 1 -5 years of experience in Model validation and monitoring of Fraud/Financial crime models. Familiarity with fraud detection systems and vendors such as FICO, VISA and STAR is a plus. Hands-on experience in programming languages like SQL, Python and advanced excel. Excellent communication and interpersonal skills. Please share your profile at surbhi.malhotra@nlbtech.com

Looking profiles with Experience in ~ Model Risk Governance, Assurance, Internal Controls, Audit, Risk Management , Risk Governance Required Candidate profile Pls share your CV at jatin@smrd.in