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We are currently seeking a Data Scientist to join our team in Pune, Mahārāshtra (IN-MH), India (IN).
Job Responsibility
Model Validation: Conduct independent reviews and testing of quantitative models, including design approach, sampling approach, sensitivity analysis, and robustness checks
Risk Assessment: Assess models for conceptual soundness, data limitations, and quantitative biases (e.g., fairness and ethical AI standards)
Compliance & Governance: Ensure all modeling lifecycles align with internal MRM frameworks and regulatory mandates
Effective Challenge: Provide constructive, actionable feedback and challenges to model developers regarding model design and limitations
Documentation: Author comprehensive validation reports and maintain documentation for audit purposes and senior management review
Requirements
Technical Proficiency: Strong coding skills in languages like Python, and SQL
experience with machine learning libraries (e.g., TensorFlow, PyTorch, scikit-learn)
Statistical Expertise: Deep understanding of statistical modeling, probability, and advanced mathematical concepts
Domain Knowledge: Understanding of financial regulations (e.g., SR 11-7, CECL, CCAR) if working in banking
Soft Skills: Excellent technical writing and stakeholder communication
the ability to explain complex quantitative risks to non-technical business partners and legal/compliance teams
Experience: Typically requires 7+ overall and 3-5+ years of experience in data science, risk management, or quantitative analysis