RRP Model Validation

Citi

Location:
India, Mumbai

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

Save Job

Apply Position

Job Description:

The Risk Analytics, Modeling and Validation role involves the development, enhancement, and validation of methods for measuring and analyzing all types of risks, including market, credit, and operational. This role is vital to the company as it provides a scientific and systematic approach to assessing and mitigating risks, thereby ensuring the company's financial stability, protecting its assets, and supporting its overall business strategy.

Job Responsibility:

Perform model validations, annual model reviews, ongoing monitoring reviews
Provide effective challenge to the model development process
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 reports and meeting materials to MRM senior management
Supporting the process of designing, developing, delivering, and maintaining best-in-class qualitative model validation process standards

Requirements:

5-8 years of experience
Experience in Quantitative Finance, Risk management, Analytics, Model Development or Model Validation
Programming skills in Python, MATLAB, C/C++/C#, VBA or other coding language
Knowledge of financial markets and products
Qualitative or quantitative model risk management experience
Extensive experience in data analysis and interpretation and technical writing
Strong technical skills in time series analysis, statistics and econometrics
Strong analytical skills
Excellent communication and diplomacy skills
Ability to evaluate complex and variable issues
Ability to influence decisions and provide expert advice
Strong problem-solving skills
Ability to work effectively in a team and independently
Project management skills
Proficiency in data analysis and interpretation
Ability to identify inconsistencies in data or results
Ability to formulate recommendations on policies, procedures, or practices
Attention to detail
Master's degree

Nice to have:

Excellent partnership and teamwork skills
Good analytic, creative thinking, and problem-solving abilities
Adept and meticulous at analysis and documentation of results
Ability to multi-task, work well under pressure, and deliver results under tight deadlines

Additional Information:

Job Posted:
September 02, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

View All Jobs In This Company

Job Link Share:

RRP Model Validation - AVP