MoRM Risk and Capital: Model Validatior, AS

About The Role : In Scope of Position based Promotions (INTERNAL only) Job Title- MoRM Risk and CapitalModel Validatior, AS Location- Mumbai, 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; Designing and implementing a strong Model Risk Management and governance framework; Creating bank-wide Model Risk related policies. 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 You will be responsible for the timely and high-quality delivery of validation reports for all Risk and Capital Models developed for Credit Risk. Develop and set state-of-the-art validation approaches and standards adhering to current and upcoming regulatory requirements. Ensure implementation of these standards in particular through review and pre-approval of validation reports. Present and defend work in internal committees. Pro-actively engage in management of Model Risk to assure Model Risk requirements. Additionally, support, coach and guide new and established team members and closely engage with stakeholders from Risk, Finance, IT and Business. Your skills and experience Masters in Statistics / Mathematics / Quantitative Economics / Quantitative Finance or MBA Finance Professional experience 2-7 yrs in quantitative Credit risk model development or validation is a requirement Perennial professional experience in financial risk management in general with a strong IT affinity Extensive knowledge with relevant statistical and other software packages and programming languages (e.g. SAS, R, SQL, Python) Pronounced conceptual and analytical skills and excellent project management Proven ability to solve problems independently, to show flexibility and to act proactively Business fluent 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