* Perform periodic model validation, capture findings and store evidence of due
diligence
* Undertake comprehensive model validation exercise basis Tata Capital MRM
policy.
* Discuss gaps as identified with model developer and agree on remediation of
the gaps.
* Provide final recommendation to either continue using the model or
recalibrate/redevelop the model
* Performing data analysis by using relevant tools and present results and
recommendation to relevant forums/committees.
* Assist in establishing, monitoring, evaluating and interpreting data with
risk management focus.
* Communicate with internal stake holders and maintain model inventory while
updating it at regular intervals.
* Supporting the implementation of key regulatory requirements and guidelines.
Competencies
* Strong verbal and written communication, presentation and technical skills.
* Robust problem-solving skills
* Managing relationships with stakeholders across the organization.
* Exhibit a strong understanding of complex concepts related to the role.
Decisions that align with organizational objectives and priorities.
* Understanding of industry wide modelling practices including statistical and
expert based modelling and trends with knowledge to relevant languages and
tools.
* Understanding of ECL related models will be an added advantage
* Ability to work in multi projects and environments.
* Basic data handling skills and knowledge of MS Excel and Python
Functional Competencies
* Comprehensive understanding of the lending industry
* Knowledge of lending risk models & validation.
* Knowledge and experience in lending products/industry.