Manager - Operations Risk (Model Validation) - Mumbai - Lodha (I-Think Techno Campus)

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Main Accountabilities

Perform periodic model validation, capture findings and store evidence of due diligence
Undertake comprehensive model validation exercise basis Tata Capital MRM policy.
Discuss gaps as identified with model developer and agree on remediation of the gaps.
Provide final recommendation to either continue using the model or recalibrate/redevelop the model
Performing data analysis by using relevant tools and present results and recommendation to relevant forums/committees.
Assist in establishing, monitoring, evaluating and interpreting data with risk management focus.
Communicate with internal stake holders and maintain model inventory while updating it at regular intervals.
Supporting the implementation of key regulatory requirements and guidelines.

Competencies

Strong verbal and written communication, presentation and technical skills.
Strong problem-solving skills
Managing relationships with stakeholders across the organization.
Exhibit a strong understanding of complex concepts related to the role. Decisions that align with organizational objectives and priorities.
Understanding of industry wide modelling practices including statistical and expert based modelling and trends with knowledge to relevant languages and tools.
Understanding of ECL related models will be an added advantage
Ability to work in multi projects and environments.
Basic data handling skills and knowledge of MS Excel and Python

Functional Competencies

See also