Credit Risk Model Validation Analyst

What role you will play in team: You'll be a critical member of the model validation team, independently reviewing and validating the credit risk models used by the bank to ensure accuracy and regulatory compliance.

What you will do: You will perform rigorous model reviews, identify potential issues and work with developers to address them, contributing directly to the bank's risk management framework.

Key responsibility:

• Independently review and validate credit risk models used across various lending portfolios.
• Assess model performance and identify potential weaknesses or biases.
• Develop and implement model validation methodologies and documentation.
• Communicate findings and recommendations to stakeholders.
• Collaborate with model developers to address identified issues.
• Ensure compliance with regulatory requirements for model validation.

Required Qualification and Skills:

• Master's degree in a quantitative field (Statistics, Mathematics, Finance, etc.).
• Strong understanding of statistical modeling techniques and econometrics.
• Experience with model validation in a financial institution.
• Proficiency in programming languages (e.g., SAS, R, Python).
• Excellent communication and presentation skills.

Benefits Included:

• Competitive salary and comprehensive benefits package.
• Opportunities for professional growth and development within a global organization.
• Exposure to advanced risk management techniques and methodologies.
• Collaborative work environment with experienced professionals.

A Day in the Life: Your day-to-day will involve reviewing credit models, running simulations, validating accuracy and collaborating with model developers and stakeholders to address any identified issues.