Credit Risk Model Validation Specialist

What role you will play in team: You will play a crucial role in ensuring the accuracy and reliability of our credit risk models. Your work will directly contribute to the soundness of our risk management framework.

What you will do: You will validate the performance of credit risk models, identify any deficiencies, and recommend improvements to enhance their accuracy and effectiveness.

Key responsibility:

• Develop and implement model validation plans.
• Assess the performance of credit risk models using various statistical techniques.
• Identify model limitations and potential biases.
• Recommend improvements to enhance model accuracy and reliability.
• Document validation findings and communicate them to stakeholders.
• Stay updated on best practices in model validation and regulatory requirements.

Required Qualification and Skills:

• Master's degree in statistics, econometrics, or a related field.
• Experience in credit risk model validation.
• Proficiency in statistical software (e.g., SAS, R).
• Strong understanding of statistical modeling techniques.
• Excellent analytical and problem-solving skills.
• Effective communication skills.

Benefits Included:

• Competitive salary and benefits package.
• Opportunities for professional development and career advancement.
• Collaborative and challenging work environment.
• Work-life balance.
• Mentorship opportunities.

A Day in the Life: Your day will include model performance analysis, developing validation plans, communicating findings to stakeholders, and collaborating with other team members on model improvements.