Model Validation Senior Specialist, AVP

2 - 6 years

0 Lacs

Posted:3 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

The Model Validation Senior Specialist role at Deutsche Bank, based in Mumbai, India, falls under the Model Risk Management department. The primary objective is to manage model risk globally by conducting independent model validation, identifying and mitigating model risks, and supporting the overall model risk management framework. This position focuses on validating stress testing models for the CCAR PPNR umbrella within DB USA, necessitating an understanding of various business segments such as Corporate Banking, Private Banking, and Investment Banking. The incumbent will be responsible for tasks including model performance testing, scenario analysis, and developing challenger models. Automation of processes and framework enhancement to drive efficiency is a key aspect of the role. The ideal candidate should have 2-3 years of experience in model development/validation or related areas, with a preference for previous exposure to stress testing (DFAST/CCAR/ICAAP). Knowledge of B/PPNR models across different business lines and familiarity with financial statements analysis will be advantageous. Proficiency in statistical techniques, analytical skills, and experience with software packages like R and Python are essential. Strong communication skills, report drafting abilities, and a background in Mathematics, Statistics, Economics, Engineering, or MBA are preferred. Additionally, holding a CFA/FRM certification or expertise in Business Intelligence tools will be beneficial for the role. Deutsche Bank offers a comprehensive benefits package that includes a competitive leave policy, gender-neutral parental leaves, childcare assistance benefit, sponsorship for industry certifications, and healthcare coverage for employees and dependents. The organization emphasizes training, coaching, and continuous learning to support career progression. The culture at Deutsche Bank promotes responsibility, commercial thinking, initiative, and collaboration, fostering an environment where employees are empowered to excel together every day. For more information about Deutsche Bank and its teams, please visit the company website at https://www.db.com/company/company.htm. The company values diversity and inclusivity, encouraging applications from individuals of all backgrounds to contribute to a positive and fair work environment.,

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Deutsche Bank logo
Deutsche Bank

Banking and Financial Services

Frankfurt

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