hireejobs
Register for Job
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
IT Jobs
Logistics Jobs
Customer Service Jobs
Airport Jobs
Banking Jobs
Driver Jobs
Part Time Jobs
Civil Engineering Jobs
Accountant Jobs
Safety Officer Jobs
Nursing Jobs
Civil Engineering Jobs
Hospitality Jobs
Part Time Jobs
Security Jobs
Finance Jobs
Marketing Jobs
Shipping Jobs
Real Estate Jobs
Telecom Jobs

Head of Wholesale Credit Risk Model Validation, Director

6.00 to 10.00 Years   Bengaluru/ Bangalore (Karnataka)   21 Feb, 2025
NatWest Group
Job LocationBengaluru/ Bangalore (Karnataka)
EducationAny Graduate
SalaryAs per Industry Standards
IndustryFinancial Services/Stockbroking, Banking
Functional AreaBanks/Insurance/Financial Services
EmploymentTypeFull-time

Job Description

Join us as a Model Risk Validation Officer

  • In this key role, youll be responsible for the oversight of model assurance activities performed by model development teams for bank wide pricing models
  • Youll make sure that the models are fit for purpose for their designated use and that significant model risks are identified and effectively communicated to senior management and model end users
  • Youll have the chance to work with a wide variety of stakeholders, giving you a platform to raise your network and career profile across the bank
  • Were offering this role at director level
What youll doAs a Model Risk Validation Officer, youll develop and maintain standards that promote an effective risk-based approach to organisation models. Youll undertake in-depth assessment of models sub-components and support the bank wide policy covering the governance and control of Model Risk.Well look to you to represent the Model Risk Validation team on various internal forums and independently oversee and challenge the effective management of risks and controls within agreed risk appetite. Youll manage the teams workload and build an effective and credible validation plan and identify opportunities for improvement, both in terms of the models and measures produced, and the approaches and processes used within the team.Your responsibilities will also include:
  • Supporting projects through frequent communication with internal and external stakeholders, and by developing a good understanding of business issues, and regulatory requirements
  • Preparing comprehensive model documentation with all analysis undertaken along with appropriate commentary
  • Making sure that model risk management aligns with model risk policy, and undertaking model risk assessments so that potential risks are identified early in the process, and can be mitigated
  • Supporting the general model governance process by loading the documents to the relevant forum agenda, updating issues on the governance tool
  • Identification and effective management and escalation of conduct risk to deliver key customer outcomes
  • Owning and developing appropriate risk and control frameworks for the franchises and functions to use to discharge their responsibilities
  • Providing expert advice on those aspects of risk management relevant to their area of expertise, including providing senior executives with relevant management information and reports, escalating concerns where appropriate
The skills youll needWere looking for someone with a quantitative degree and experience of developing, reviewing, validating and implementing analytical risk measurement tools. You should have a sound understanding of Basel requirements and some knowledge of IFRS9 standards. Youll also need experience in designing, writing, and testing financial risk and pricing models from an investment banking perspective.Well also expect:
  • Good working knowledge of Python and SAS
  • Experience of managing people
  • The ability to communicate, both verbally and in writing, to senior colleagues
  • Strong Excel, PowerPoint and Word skills
  • Excellent attention to detail
  • Critical thinking skills, enabling you to cut through complexity, and make sound decisions and recommendations that are carefully balanced against risk
Hours45Job Posting Closing Date:25/11/2024Locations - Bangalore

Keyskills :
model risk management python programming sas proficiency regulatory compliance financial modeling investment banking pricing models basel financial risk

APPLY NOW

Head of Wholesale Credit Risk Model Validation, Director Related Jobs

© 2019 Hireejobs All Rights Reserved