Manager -Risk Model Validation/ Monitoring

Mastermind Network; India; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Mastermind Network in Delhi/NCR is seeking an experienced Model Validator for credit and fraud risk models in financial services. The role focuses on validating and developing regulatory and loan models across the lifecycle, including PD/LGD/EAD/Scorecards.

The candidate will work with IFRS 9 and time-series modeling, delivering robust models and tools, and maintaining high-quality SAS/Python code and documentation.

Qualifications

• Experience: 5-8 yrs in Model Validation for financial services with good Python/SAS & SQL programming skills.
• Education: B.Tech/Masters/MBA in Economics, Mathematics, Statistics, Finance, Computer Science with knowledge in financial mathematics including stochastic calculus.
• Familiarity with IFRS 9 models and time-series modeling.

Responsibilities

• Validate and develop fraud risk, credit risk, regulatory, and loan models across the lifecycle (PD/LGD/EAD/Scorecard).
• Address regulatory models (capital/impairment), credit decisioning and stress testing models.
• Deliver robust, predictive models and tools compliant with regulations and provide business insights and recommendations.
• Develop high-standard SAS/Python code and model documentation; ensure accurate implementation and monitoring.

Skills

Python

SAS

SQL

Education

B.Tech

Masters

MBA

Job description

Pyt

- Model development /Validation (credit risk Models)

- We are hiring for a leading Banking/ Financial Services based at Delhi/NCR

Experience :5-8 yrs in Model Validation for financial Services with good Python,SAS & SQL programming skills

Education : B.Tech/ Masters / MBA ; in Economics, Mathematics, Statistics, Finance, Computer science with good knowledge in of financial mathematics including stochastic calculus, Statistical

Modeling/ Non-Linear Modeling/ Regression Models/ IRBB models /

IFRS 9 models and time-series modeling

Role & Responsibilities :

• Validate/ Develop Fraud risk/ credit risk models/Regulatory Models/ Loan Models across life cycle of various portfolio (PD/LGD/EAD/Scorecard) etc
• This includes regulatory models (capital/impairment), credit decisioning and stress testing models
• Delivering robust, predictive models and tools that are compliant with both internal and external regulations.
• Identify and use cutting edge techniques to develop best in class models
• Deliver high levels of accuracy and internal consistency/validation within own project
• Provide business with insights and recommendations in order to improve strategy and process.
• Develop high-standard SAS/Python code and model documentation.
• Ensure accurate implementation of models and support their use, interpretation and monitoring.