Model Validation AVP Job at Barclays (New York)

MRM Qualitative Models Validation Senior Analyst AVP

This position is within the Qualitative Model Validation team, which is part of ...

Location

Canada , Mississauga

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

Minimum Bachelor’ degree in Finance or Economics, or quantitative discipline (statistics, quantitative finance, econometrics)
Masters’ degree is preferable
Ideally 5 years of experience / knowledge of Banking, Treasury, Finance / Risk management preferred
Demonstrate excellent partnership and teamwork skills
Ability to clearly and concisely formulate findings in a written form and good verbal communication skills
Good analytic, creative thinking and problem solving abilities
Adept and meticulous at analysis and documentation
Ability to multi-task, work well under pressure and committed to deliver under tight deadlines
Knowledge of financial markets and products
Qualitative or quantitative model risk management experience is a plus

Job Responsibility

Performing independent validation of qualitative models across the firm
Critically reviewing the appropriateness of a Qualitative Model versus alternative quantitative approach
Producing high value models validation reports
Evaluating testing approach and results for individual models
Assessing the ongoing performance monitoring of the models
Contributing to regulatory and internal audit related responses
Collaborating with other teams within Risk and the Business
Assisting with preparing the reports and other meeting materials to MRM senior management
Supporting the process of designing, developing, delivering and maintaining best-in-class qualitative model validation process standards

What we offer

Global Benefits
Best-in-class benefits
Work life balance

Fulltime

Avp ml and genai model validation

Embark on a transformative journey as an AVP ML and GenAI Model Validation at Ba...

Location

India , Noida

Salary:

Not provided

Barclays

Expiration Date

Until further notice

Requirements

Highly numerate, evidenced by an Honours degree, master’s, or PhD (or equivalent) in a quantitative discipline such as Computer Science, Mathematics, Physics, Operational Research, Economics, Engineering, or Finance
Experience developing, validating, or independently reviewing best‑in‑class tools and AI/ML models for large financial institutions or comparable regulated environments, with the ability to effectively challenge and improve model methodologies and model management processes
Strong analytical and technical expertise in AI/ML modelling, including experience with ML algorithms (e.g., XGBoost, LightGBM, Random Forest), NLP models, and deep learning frameworks (e.g., TensorFlow, PyTorch, Keras)
Experience developing or validating AI/ML models on large datasets in Hadoop/AWS environments
Designed, fine‑tuned, and shipped Generative AI models - transformer‑based LLMs, RAG systems for grounded retrieval, and GANs-using PyTorch/TensorFlow and Hugging Face, including prompt engineering, RLHF, and rigorous evaluation of GenAI models
Hands‑on experience with Generative AI technologies, including Large Language Models, Transformers, retrieval‑augmented generation (RAG), and prompt‑based systems
familiarity with LangChain and LangGraph
Experience designing, developing, validating, or reviewing agent‑based AI architectures, including multi‑agent orchestration, task planning, memory management, and safeguard mechanisms
Sound understanding of financial services regulatory expectations and model risk guidance (e.g., SR 11‑7, SS1/23, IFRS 9, EU AI Act etc.)
Strong communication and influencing skills, with the ability to produce high‑quality written material for both technical and senior non‑technical audiences

Job Responsibility

Validation of models for their intended use and scope, commensurate with the complexity and materiality of the models
Approval or rejection of a model or usage based on assessment of the model’s conceptual soundness, performance under intended use and the clarity of the documentation of the model’s inherent risks, limitations and weaknesses
Assessment of any compensating controls used to mitigate Model risk
Documentation of validation findings and recommendations in clear and concise reports, providing actionable insights for model improvement
Evaluation of the coherence of model interactions and quality of Large Model Framework aggregate results that generate output for regulatory submissions or management decision making and planning
Design of the framework and methodology to measure and, where possible, quantify model risk, including the assessment of framework level uncertainty

What we offer

Hybrid working
Modern workspaces, collaborative areas, and state-of-the-art meeting rooms
Facilities include wellness rooms, on-site cafeterias, fitness centers, and tech-equipped workstations

Fulltime

AVP- Model Oversight & Model Maintenance

This role involves overseeing model maintenance and governance to ensure complia...

Location

India , Mumbai

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

5+ years of experience with good understanding of FP&A processes and management reporting
professional degree equivalent to CA/MBA
proficient in Microsoft Office with an emphasis on MS Excel
knowledge with financial forecasting systems
knowledge of Tableau, Knime and Python would be preferred
experience of working with financial data and knowledge of financial reporting tools
consistently demonstrates clear and concise written and verbal communication skills
self-motivated and detail oriented
demonstrated project management and organizational skills and capability to handle multiple projects at one time
willing to work afternoon shifts, 1 pm to 10 pm

Job Responsibility

Oversee model maintenance activities to ensure compliance with Model Risk Management (MRM) guidelines and deadlines
track model inventory
coordinate across corporate teams, model risk management teams, transformation teams, and FP&A teams to provide status updates and respond to model related requests
maintain model documentation throughout the model lifecycle
update inventory tracker for new models and changes in existing models
monitor due dates and ensure alignment with model sponsors and MRM teams
partner with FP&A teams to conduct Annual Model review and Ongoing Performance Assessments
review the Ongoing monitoring results to identify potential model fatigue
prepare and submit model documentation in approved MRM templates within iMRMS
respond to MRM queries to ensure documentation approval by deadlines

Fulltime

Balance Sheet Management Modeling – AVP

The Balance Sheet Management Sr. Analyst is a seasoned professional role respons...

Location

India , Mumbai

Salary:

Not provided

Citi

Expiration Date

Until further notice

Requirements

6-8 years of relevant statistical modeling /econometrics experience in financial domain
PG / Masters / PhD in quantitative discipline such as Statistics, Economics, Mathematics, or related discipline is preferred
Experience in developing econometric models and deep understanding of statistical techniques such as Linear Regression, Logistic Regression, Time Series, Panel Regression, Error Correction Models, Seemingly Unrelated regression and Cointegration and Machine Learning Techniques
Working experience with Artificial Intelligence/Machine Learning techniques and packages (ChatGPT, Copilot)
Hands-on experience in programming and modeling using Python and related packages (GitHub, DataFlame) is must
Experience with SQL and databases
Domain knowledge and experience in PPNR, Fixed Income Securities, Mortgage Modeling, Deposit Modeling, Asset Liability Management, Interest Rate Risk, Capital Planning
Broad understanding of financial products, accounting principles, investment, accrual products and corporate finance concepts
Excellent presentation skills
Ability to build key cross functional and cross business relationships

Job Responsibility

End-to-end development and governance and support of models in treasury/IRRBB space
End-to-End model development includes econometric forecasting models for key Balance sheet and income statement line items for capital and business planning purposes
Calculation of Net Interest Income (NII), Non-Interest Revenue (NIR), Interest Rate Exposure (IRE), Economic Value Sensitivity (EVS), and other associated interest rate risk metrics
Model governance and support includes reviewing and timely submission of model documentations such as Model development document (MDDs), Annual Model Review (AMRs), Ongoing Performance Assessment (OPAs), Model Change Addendum (MCAs), Limitation Record Change (LRCs) to Model Risk Management
Develop and maintain a comprehensive modeling system that maintains consistent approach to data quality and modeling methods, audit, back test, tracking, annual validation
Present technical matters in a way that is meaningful to the audience and align with Model Risk Management on modeling and validation practices
Build key relationships with finance and business teams
Create a culture of accountability and strict quality control of the data integrity and modeling processes

Fulltime