Manager- R&C
BengaluruFull-time1–4 yrsPosted 1 week ago
Junior data science role at IBM in Bengaluru. Needs 1+ years and a B.Sc or B.Com.
About the role
The Model Validation Analyst is responsible for independently assessing the conceptual soundness, performance, implementation, and ongoing monitoring of models used across the Bank. The role supports the Bank's Model Risk Management (MRM) framework by conducting rigorous validations in accordance with regulatory requirements, including the U.S. Federal Reserve's SR 26-2 Guidance on Model Risk Management and applicable OCC and FDIC expectations.
What you'll do
- Responsible for independently assessing the conceptual soundness, performance, implementation, and ongoing monitoring of models used across the Bank
- Assess model conceptual design, methodology, assumptions, limitations, data quality, implementation, and usage
- Conduct quantitative testing, including: Outcome analysis Benchmarking Back-testing Sensitivity analysis Stress testing Performance monitoring reviews Evaluate model…
- Verify compliance with internal model risk policies and regulatory guidance
- Develop recommendations for model improvements and risk mitigation
What you need
- Machine learning
- Python
- SQL
- Statistics
- R
- SAS
Good to have
- Performance testing
- Credit risk
- Market risk
- AML
- Internal audit