Job Description
Purpose of the role
To validate and approve models for specific usages both at inception and on a periodic basis, and of model changes, as well as conducting annual reviews.
Accountabilities
Validation of models for their intended use and scope, commensurate with the complexity and materiality of the models.
Approval or rejection of a model or usage based on assessment of the model’s conceptual soundness, performance under intended use and the clarity of the documentation of the model’s inherent risks, limitations and weaknesses.
Assessment of any compensating controls used to mitigate Model risk.
Documentation of validation findings and recommendations in clear and concise reports, providing actionable insights for model improvement.
Evaluation of the coherence of model interactions and quality of Large Model Framework aggregate results that generate output for regulatory submissions or management decision making and planning.
Design of the framework and methodology to measure and, where possible, quantify model risk,



including the assessment of framework level uncertainty.
Analyst Expectations
To meet the needs of stakeholders/ customers through specialist advice and support
Perform prescribed activities in a timely manner and to a high standard which will impact both the role itself and surrounding roles.
Likely to have responsibility for specific processes within a team
They may lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources. They supervise a team, allocate work requirements and coordinate team resources.
If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an setting for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop

📌 Model Risk Management (Noida)
🏢 Barclays
📍 Noida