Company Name: VARITE India Private Limited

About The Client:

One of the oldest banking instituitions in the UAE and Middle East. The Client provides a range of conventional and Islamic banking services, including personal banking solutions such as deposits, loans, and credit cards. The bank also offers corporate and investment banking services, including corporate finance, investment advisory on mergers and acquisitions, initial public offerings (IPOs), and underwriting

Essential Job Functions:

Technical & Delivery Responsibilities
- Support the data preparation and model development, validation, and lifecycle management of Wholesale Rating Models
- Support model development and validation including:
- Corporate/Wholesale Rating Models including Large Corporate, Mid Corporate, SME, Sovereign, FI, HNWI, Project Finance, and Specialized Lending
- Explore recent approaches for rating model development for low default portfolios
- Master Rating Scale (MRS) calibration

Wholesale Model Monitoring
- Outline the goals of model monitoring,



considering factors like accuracy and other relevant metrics based on the model purpose
- Determine the expected performance of the respective models on historical data
- Implement monitoring tools to continuously assess model performance.
- This includes monitoring input data quality, predictions
- Communicate the model performance to relevant stakeholders to ensure the prompt attention to potential problems.
- Regularly review and improve the model performance process based on the feedback, change in underlying data and evolving business requirement.

Data Management
- Lead end-to-end data lifecycle management for model development, including sourcing, profiling, transformation, and documentation.
- Identify data requirements for model development.
- Coordinate with IT and data engineering teams to streamline data pipelines required for model development .

Problem Solving:
- The role holder is expected to possess advanced analytical c

📌 Lead Model Developer (Bengaluru)
🏢 VARITE
📍 Bengaluru