Model Risk Analyst
MumbaiFull-time1–4 yrsPosted over a month ago
Junior risk role at IDFC FIRST Bank in Mumbai. Needs 1+ years and a degree.
About the role
The Model Risk Analyst in the Model Risk Management (Market Risk) team under the Risk function is responsible for validating and enhancing the bank’s risk models. This includes improving the accuracy, coverage, and automation of model validation processes, and independently validating statistical and mathematical models, particularly for retail lending scorecards.
What you'll do
- Lead initiatives to enhance the accuracy, granularity, and coverage of existing model validation processes
- Develop tools to automate model validation workflows and improve process efficiency
- Independently perform statistical and mathematical model development or validation, with a focus on retail lending scorecards
- Quantitative and qualitative testing
- Derivative and fixed income valuations
What you need
- Market risk
- Statistics
- SAS
- Python
- R
- Capital markets
Good to have
- Valuation