| Hyderabad Jobs |
| Banglore Jobs |
| Chennai Jobs |
| Delhi Jobs |
| Ahmedabad Jobs |
| Mumbai Jobs |
| Pune Jobs |
| Vijayawada Jobs |
| Gurgaon Jobs |
| Noida Jobs |
| Hyderabad Jobs |
| Banglore Jobs |
| Chennai Jobs |
| Delhi Jobs |
| Ahmedabad Jobs |
| Mumbai Jobs |
| Pune Jobs |
| Vijayawada Jobs |
| Gurgaon Jobs |
| Noida Jobs |
| Oil & Gas Jobs |
| Banking Jobs |
| Construction Jobs |
| Top Management Jobs |
| IT - Software Jobs |
| Medical Healthcare Jobs |
| Purchase / Logistics Jobs |
| Sales |
| Ajax Jobs |
| Designing Jobs |
| ASP .NET Jobs |
| Java Jobs |
| MySQL Jobs |
| Sap hr Jobs |
| Software Testing Jobs |
| Html Jobs |
| Job Location | Noida |
| Education | Not Mentioned |
| Salary | Not Disclosed |
| Industry | Management Consulting / Strategy |
| Functional Area | Sales / BD |
| EmploymentType | Full-time |
Job Title : Non Traded Models Validation AMLocation : NoidaSuccessfully balance the following responsibilities:1. Provide independent review (IR) and challenge of all quantitative and qualitative processes categorized as models (ILAAP, ICAAP, Credit Risk, Liquidity Risk, IFRS9 Wholesale Credit Risk model, IRRBB etc.) under the MRM framework to a high degree of depth, as required by and detailed in the Banks policies and standards. This role will be part of Group Risk IVU team.2. Provide input to/support the governance and reporting processes related to model risk management.3. Exposure/interaction with Model/Business Owners (e.g. wholesale portfolio) and gain business and regulatory insightsWhat will you be doing 1. Independent review and challenge [80%] :a. Work on independent review of models across different spectrum of retail and wholesale portfolios- Liquidity Risk Models - Models (LCR, ILAAP) used to calculate Banks liquidity requirement and survival horizon in adherence to Liquidity Regulatory Requirements- Interest Rate Risk in Banking Book (IRRBB) Models - models used for management and supervision of interest rate risk- Stress Test Models - Climate Risk Stress Test, Internal Stress Test, Medium Term Plan, Prudential Regulation Authority (PRA) or Bank of England (BoE) Stress Test- Capital Models - Models used to calculate Banks capital requirement as per BASEL guidelines- IFRS9 Models - International Financial Reporting Standard to calculate Expected Loss- Diverse Banking Portfolios - for different banking products e.g. Wholesale (Corporate and Investment Bank) and Retail portfolios (Credit Card, Home loan etc.).- Review regulatory requirements to ensure compliance with Basel III rules in IRB portfolios and support roll out portfolios moving to IRB.- Perform technical analysis and/or build alternative benchmarks to new and existing models, in line with the requirements set out in the banks standards and policies.b. Produce high quality model validation reports, with a particular focus on noting limitations, weaknesses and assumptionsc. Wholesale portfolio knowledge2. Governance and Reporting [20%] :a. Review regulatory requirements to ensure compliance with Basel III rules in IRB portfolios and support roll out portfolios moving to IRB.b. Support the development and review conformance with appropriate policies including Group Model Risk policy.What were looking for :- Experience in a modeler/validator role in the Wholesale industry- Strong analytical skills with experience in developing, validating and risk management of models- Significant experience of coding in R/Python. Expert user of Microsoft Excel and other Microsoft Office tools.- Good communication and influencing skills, ability to produce high quality written communication for technical and non-technical audiences.- Sharp focus on gaps/issues identification and passionate about problem solving- An ability to identify and analyse appropriate external data sources for model development or validation.Skills that will help you in the role :- Good understanding of banking environment and wholesale portfolios. - Familiarity with FRB/PRA regulations and IFRS9 accounting standards.- Ability to work in a high performing team, and the ability to work and liaise with others in a diverse team.- Masters in Statistics, Mathematics, Finance, Economics, Operational Research, PhysicsWhere will you be working - NoidaThis job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.,
Keyskills :
credit riskstress testrisk managementbasel iiistrong analytical skillsliquidity riskbanking productsrisk modelsmodel validationanalytical skillsmusic makingmicrosoft excelmicrosoft office