Specialist- Model Validation
Specialist- Model Validation
Posted on :
15-05-2025
Employer Active
1 Vacancy
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Job Description
Job Purpose:
The job holder will be contributing as handson Subject Matter Expert that is responsible for the model development. The job holder should have an ability to independently develop and maintain model development work stream. The person would report into VP of Model development at GBS level and would work with wider team to achieve business objectives.
Key Accountabilities:
- This role would require working closely with a core team of experienced mode development professionals whose primary function would be:
- Performing Model development as per approved schedule internal policies and governance standards.
- Enhance model development process and techniques and develop automation utilities.
- Execute all model governance requirements around data code and reports into the repositories.
- Independently execute all mode development related task including data preparation model design model training back testing documentation and code management.
- Work on closure of all action items raised as part of Validation and Monitoring findings.
Job Context:
- Manipulate data from internal and external sources to enrich risk data mart using advance data engineering techniques.
- Create model variables do feature engineering and build analytical data models.
- Rapid prototyping of new tools by operationalizing machine learning models methodologies and developing user interface.
- Model design including selection of appropriate modelling technique segments assumptions limitations and likely risks.
- Maintain requirement data codes analysis document and reports as per internal guidance and policy.
- Provide support to onshore/offshore team for model implementation by performing UAT and guiding implementation team.
- Mentor junior team members based on project requirements covering various aspects like model development data preparation statistical analysis and credit risk management concepts
Qualifications :
Minimum Qualification
- A Masters/Bachelors degree in quantitative fields (i.e. Physics Mathematics Statistics Finance Economics or Engineering) or equivalent professional experience and/or qualifications.
Minimum Experience
- 25 years of equivalent experience in banking or commercial finance performing model development role
- Should have good understanding of statistical techniques
- Should have strong model development background using best in class model development techniques.
- Should have handon model development experience on operational models (Application Behavior and Collections) or regulatory models (IFRS9 / Basel / Stress testing).
- More than 3 years of handon experience in python and (SAS/R)
- Expertise in data preparation analysis and hypothesis generation using relational SQL and No SQL databases or cloud platforms.
- Excellent interpersonal & communication skills verbal and written
Good to Have Experience
- Advance quantitative degree/ risk management certification (FRM/ CFA)
- Machine learning model development experience (Random forest/ XGBoost NLP and Deep learning in financial institution set up)
- Demonstrated ability to learn new programming languages techniques and research bent of mind
- Hands on experience in AWS sagemaker or other cloud based platforms.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
Key Skills
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