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.