22 Aug
|
Talentbrew
|
Noida
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 explicit set of leadership behaviours to create an environment 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 th
📌 Model Risk Management (Noida)
🏢 Talentbrew
📍 Noida