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Manager, Model Risk
Location
India
Posted
7 days ago
Salary
0
Seniority
Mid Level
Job Description
Manager, Model Risk
Synchrony
• Conduct full scope model review, annual review, ongoing monitoring model performance etc. for both internally and vendor-developed models, including new and existing, statistical/ML or non-statistical models, particularly in the areas of loss forecast • Evaluate model development data quality, methodology conceptual soundness and accuracy, and conduct model performance testing including back-testing, sensitivity analysis, benchmarking, etc. and timely identify/highlight issues • Perform proper documentation within expected timeframes for effectively highlighting the findings for further review/investigation and facilitate informed discussions on key analytics • Conduct in-depth analysis of large data sets and support the review and maintenance process of relevant models and model validation documentation • Communicate technical information verbally and in writing to both technical and business team effectively • Additionally, the role requires the capability to write detailed validation documents/reports for management • Support in additional book of work or special projects as in when required
Job Requirements
- Bachelor’s/master's degree (or foreign equivalent) in Statistics, Mathematics, or Data Science
- 2+ years' experience in model development or model validation experience in the retail section of a U.S. financial services or banking; in lieu of a Master’s degree, 4+ years’ experience in model development / model validation experience in the retail section of financial services or banking
- Understanding of quantitative analysis methods or approaches in relation to credit loss models
- Strong programing skills with 2+ years’ hands-on and proven experience utilizing Python, Spark, SAS, SQL, AWS, Data Lake to perform statistical analysis and manage complex or large amounts of data and 4+ years of relevant experience in lieu of a degree
- 2+ years of proven experience in Model Risk Management or model development in the financial services industry including both analytic/modeling/quantitative experience and governance or other credit/financial discipline
Benefits
- best-in-class employee benefits and programs that cater to work-life integration and overall well-being
- career advancement and upskilling opportunities
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