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

Job description

**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 - Comprehensive understanding of the lending industry - Knowledge of lending risk models & validation. - Knowledge and experience in lending products/industry.