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Model Risk Validation Officer, VP

12 - 20 years

40 - 50 Lacs

Posted:8 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Join us as a Model Risk Validation Officer
  • This This is an opportunity for a passionate and driven quantitative risk specialist to join an evolving area of risk management
  • We ll look to you to review and validate various communication and trade surveillance models for NatWest Markets business
  • Its an ideal role to gain detailed exposure to the developing world of model risk, as well as to a range of stakeholders and senior executives
  • Were offering this role at vice president level
What youll do
As a Model Risk Validation Officer, you will provide oversight of the organisations data-driven models through data analytics and model reviews.
By conducting thorough quantitative analysis, you ll assess their performance and robustness.Youll be undertaking analysis, ensuring that all sources of model risks are adequately highlighted as well as assessing the models compliance with regulations, internal policies, and standards.
Your responsibilities will also include:
  • Performing sensitivity analysis to assess the adequacy of modelling or data assumptions, documenting all the analysis in a succinct and clear manner
  • Undertaking in-depth assessments of the models subcomponents, making sure models are fit for purpose for their designated use
  • Preparing checklists for various validation activity to make sure that appropriate controls are established and consistently followed
  • Providing expert advice on aspects of risk management, including providing senior executives with relevant MI and reports
The skills youll need
We re looking for you to have a quantitative degree, such as computer science, mathematics, statistics, or physics and experience of developing, reviewing, validating, and implementing analytical solutions or risk measurement tools.
You ll need prior experience in Trade Surveillance in either a first line or second line role and know how to evaluate different machine learning models and their performance using techniques like cross-validation and performance metrics.
You ll also have familiarity with algorithms commonly used in surveillance, such as classification algorithms including Decision Trees and SVMs.
You ll also demonstrate
  • Knowledge Proficiency in data manipulation and analysis using tools like Python
  • Awareness of the regulations and compliance requirements surrounding model risk including SS 1/23 and trade surveillance
  • Experience in writing and proof-reading papers of sufficient quality to be submitted to senior management, regulators and auditors
Hours
45
Job Posting Closing Date:
15/07/2025

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