Responsibilities
- Conduct independent validation of credit risk models used across the customer lifecycle including behavioural risk models and AI/ML-based credit decisioning models
- Assess conceptual soundness, model methodology, assumptions, variable selection, feature engineering techniques, and model design.
- Help establish and maintain a model inventory covering all models in production, development, and retirement stages, including risk tier and metadata
- management.
- Define and implement model materiality classification criteria (High / Medium / Low) to prioritize validation activities and resource allocation.
- Support development of MRM policies, procedures, and standards alignedwith SR 26-2 (the current interagency guidance issued April 2026, superseding
- SR 11-7) from inception, applying its principles-based, risk-proportionateapproach.
- Execute validation using champion-challenger framework, benchmarking, stresstesting, and sensitivity analysis.




- Validate model implementation by verifying that production code and system outputs match approved model specifications.
- Assess data quality, data lineage, and feature appropriateness, including review of credit bureau data usage.
- Define ongoing monitoring standards including PSI, CSI, Gini/KS tracking thresholds, and escalation triggers for model performance degradation. Review
- periodic model performance monitoring reports
- Evaluate fairness, bias, and model transparency considerations particularly forAI/ML models used in credit decisioning under ECOA/Reg B.
- Author end-to-end validation reports covering scope, data assessment,methodology review, findings, risk ratings, compensating controls, and formal
- recommendations (Approve / Conditionally Approve / Reject).
- Assign and justify model risk ratings based on model materiality, complexity, intended use, and potential business impact.
- Review model development documentation, implementation documents,monitoring reports, and change management re

📌 Senior Data Scientist Model Validation Role (India)
🏢 Scienaptic AI
📍 India