Chief Risk Management Officer

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

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.