Senior Manager - Model Risk Analyst

Role & responsibilities

Role Accountability

1. Develop and manage/upgrade model risk policies and governance
2. Review and approve new models, for their conceptual soundness, data integrity and output analysis
3. Liase with internal stakeholders to communicate model breach, data requirements, understanding gaps etc.
4. Manage and handle queries from external or internal auditors relating to model governance.
5. Responsible for independent periodic review of the models
6. Liase with external vendors for periodic and detailed model validation
7. Work with external vendors to evaluate new products related to model monitoring

Measures of Success

1. Create and maintain model inventory for the organization

2. Create and maintain model renewal and validation

3. Ensure resolution on model breaches (if any)

4. Ensure proper documentation of risk review of the new model

Technical Skills / Experience / Certifications

1. Good knowledge of SAS,SQL, Python, MS Office, BI tools etc.
2. Ability to understand all credit card related data elements
3. Ability to work in a distributed data storage environment
4. Strong understanding of modelling concepts and model validation as a line of defense

Preferred candidate profile