Model Validation - 5 plus years

Location: Navi Mumbai

Functional Practices: Model Governance

Job Type: Permanent

Contact Name: Sadaf Zenab

Contact Email: [email protected]

Job Ref: 137003

Published: about 20 hours ago

Title of Job - Model Risk Manager (Model Validation)Summary We are looking for an experienced Model Risk Manager to strengthen model risk management and validation frameworks within the financial services industry. The role involves quantitative analysis, independent model validation, risk assessment, stakeholder collaboration, and the application of programming and Generative AI tools in quantitative finance. The ideal candidate will have a strong quantitative background, financial industry knowledge, and hands-on experience in model validation.

Location Chennai

Your Future Employer A leading global financial services organization offering exposure to quantitative finance, model risk management, and advanced risk validation practices. The organization promotes an inclusive and collaborative work culture built on mutual respect, discipline, transparency, and continuous learning.

Responsibilities

- Conduct quantitative analysis and model validation across pricing, market risk, credit risk, liquidity risk, stress testing, AI, and other financial and non-financial models.
- Prepare comprehensive model validation documentation, reports, findings, and recommendations for stakeholders and approvers.
- Collaborate with model owners and international validation teams to communicate validation observations, conclusions, and potential model risks effectively.
- Contribute to the expansion of model risk management frameworks, model governance practices, new product reviews, and regulatory or audit responses.
- Automate routine model risk management activities using programming and Generative AI tools to improve efficiency and effectiveness.

Requirements

- Up to 8 years of total professional experience, including 3-5 years of model validation experience within the financial industry.




- A graduate or postgraduate qualification from a top-tier university in Financial Engineering, Physics, or an equivalent quantitative discipline.
- Knowledge of financial products, financial markets, risk management, and model validation methodologies.
- Proficiency in at least one core programming language, such as Python, SQL, C++, or an equivalent, along with practical experience using agentic coding tools such as GitHub Copilot.
- Strong communication and collaboration skills, with the ability to prepare technical documentation using LaTeX or Word, create PowerPoint presentations, and apply Generative AI tools in quantitative finance.

Preferred Qualifications

- Experience in financial markets as a trader, structurer, or quantitative analyst.
- Research experience in a master's or doctoral programme in a scientific field.
- Understanding and practical exposure to Machine Learning.
- Ability to learn new technologies and apply them to model validation and model risk management.

What Is in It for You

- Immense exposure to quantitative finance, model validation, and financial risk management.
- Excellent career growth and continuous learning opportunities.
- Chance to work with experienced leaders, mentors, and international validation teams.
- Exposure to diverse models spanning financial markets, AI, stress testing, cybersecurity, compliance, and investment management.
- Opportunity to contribute to automation, model governance, and the development of model risk management frameworks.

Reach Us If you think this role is aligned with your career, kindly write me an email along with your updated CV at [email protected] for a confidential discussion on the role.

Disclaimer Crescendo Global specializes in senior-to-C-level niche recruitment. We are passionate about empowering job seekers and employers with an engaging and memorable job search and leadership hiring experience. Crescendo Global does not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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