Source description
About the role
Share your resume over Aarushi.Shukla@Coforge.Com Responsibilities: - Lead end-to-end model development and independent validation initiatives across credit risk, market risk, operational risk and Fraud risk (PD, LGD, EAD, CECL, Stress Testing, AML, Fraud, Scorecards, ECAP, CCAR etc.). - Own the delivery of MRM engagements, ensuring timely execution, quality assurance, and alignment with regulatory standards (SR 11-7, Basel IRB, CCAR, IFRS9). - Independently validate internal and vendor models for a US bank, applying rigorous conceptual and quantitative assessments to ensure robustness, reliability, and suitability for intended use. - Develop benchmark models using advanced statistical and machine learning techniques to challenge and validate primary models. - Manage client communications, including requirement gathering, progress updates, presentation of validation findings, and strategic recommendations. Qualifications - 5-7 years of hands-on experience in model development, validation, and risk management across different types of risks (credit, market, operational and fraud). - Solid understanding of regulatory guidelines and compliance frameworks (SR 11-7, OCC, CECL, Basel, IFRS9). - Proficiency in Python, R, SAS, SQL, and ETL tools for data manipulation and model development. - Master s degree in a quantitative discipline (Statistics, Economics, Finance, Data Science, etc.) (MUST HAVE). .
More at Coforge