Model Risk Capabilities Officer

Posted:
10/9/2024, 12:04:51 AM

Location(s):
Karnataka, India ⋅ Bengaluru, Karnataka, India

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Legal & Compliance

Join us as a Model Risk Capabilities Officer

  • We’ll look to you to support the continuous improvement of the model validation framework, system and reporting requirements and deliver planning and control support across the wider team
  • You’ll be supporting robust model validation management across the bank through effective policies, standards, procedures and system design
  • This is an opportunity to make a real impact and be pivotal in the success of our business, while benefiting from great variety and exposure
  • We're offering this role at associate level

What you'll do

As a Model Risk Capabilities Officer, you’ll be providing input to the design and implementation of model validation framework elements which are compliant with regulatory and bank-wide requirements. You’ll also be supporting the oversight of model risk profile and model risk policy compliance across the bank through the provision of insightful MI.

Day-to-day, you’ll also be:

  • Supporting the coordination of all model risk policy administration, including annual review activities
  • Supporting the management of updates to model validation documentation to ensure the continuous improvement of model validation and alignment to our strategic framework requirements
  • Providing insights to support the oversight of policy compliance and risk appetite across the bank
  • Supporting the administration of model validation governance
  • Supporting the development of educational materials and training on model validation

The skills you'll need

We’re looking for someone with model and statistics experience, paired with exposure in model risk management. You’ll also need to be educated to degree level in risk management, statistics, mathematics, business, economics, finance or other related field or have equivalent work experience.

In addition, you’ll need:

  • Experience of developing, maintaining and administering policies and procedures
  • The ability to effectively manage multiple priorities in a fast-paced, time-sensitive environment
  • Excellent verbal and written communication skills with the ability to present complex issues in a user-friendly, clear, concise format to all levels of audience
  • Strong attention to detail
  • The ability to prioritise, anticipate needs and adapt to changing priorities

Hours

45

Job Posting Closing Date:

15/10/2024