Designation : Model Analyst REPORTS TO (SOLID MATRIX):Senior Model Analyst Job Purpose Direct Reports (Position Title) Resources This role is to validate the various models used by the organisation in line with the regulatory guidelines and Model policies and framework. This is to test that the model is working fine as per the usage, by leveraging the Business Rules Engine (BRE) platform, encompassing efficiency standards used, scorecard interpretation, algorithm and rigorous testing. Team Size Direct: Indirect Team Size (On-roll): Main Accountabilities Qualifications Experience Graduate with a background Engineering degree in technical field or statistics or data science. Hands-on experience using BRE and preferable understanding of FICO Relevant experience and knowledge of lending risk models validation. Understanding of industry wide modelling practices and trends. Previous Experience in lending industry with experience in risk management analytics and projects. Independently managing tasks and projects and drive outcomes autonomously. Experience: 2+ years for M3 Competencies:
Robust verbal and written communication , presentation and technical skiils. Strong problem solving skills Managing relationships with stakeholders across the organization. Exhibit a strong understanding of complex concepts related to the role. Utilize logical thinking skills to analyse data, assess situations, and make informed Perform periodic model validation, capture findings and store evidence of due diligence Undertake comprehensive model validation exercise basis 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 wit