Portfolio Models and Alpha Model Validation Specialist, Associate

As a Portfolio Models and Alpha Model Validation Specialist at Deutsche Bank in Mumbai, India, you will be a part of the Model Risk Management (MoRM) team. MoRM focuses on managing model risk by validating internal models and ensuring model risk control. The Portfolio Models and Alpha validation team within MoRM specifically validates portfolio models for Credit Risk, Business Risk, Operational Risk, and Risk Type Diversification. Your key responsibilities in this role will include: - Independently validating models and model changes - Performing quantitative analyses - Enhancing validation concepts - Ensuring adherence to model risk standards like SR11-07 To excel in this position, you should have: - An academic degree in Mathematics, Statistics, Physics, Econometrics, or a similar discipline - 2-7 years of professional experience in Operational risk and Portfolio Risk model development or validation - Strong mathematical abilities - Proficiency in programming languages like Python, Matlab, R, C++ - Experience in Machine Learning - IT affinity, data analysis skills, and a good understanding of IT processes The role comes with benefits such as: - Best-in-class leave policy - Gender-neutral parental leaves - Reimbursement under childcare assistance benefit - Sponsorship for industry relevant certifications - Employee Assistance Program - Comprehensive insurance coverage - Health screening Deutsche Bank fosters a culture of empowerment, responsibility, commercial thinking, initiative, and collaboration. They strive to create a positive, fair, and inclusive work environment where all individuals are valued and welcomed. For more information about Deutsche Bank, you can visit their company website at https://www.db.com/company/company.htm.,