Job Description
- Critically reviewing the appropriateness of a vendor model development document with respect to modeling objective, model data inputs and model performance metrics like PSI, KS, False Positive Ratios, Fraud Detection rates etc.
- Producing high value model validation and implementation reports, including highlighting risks, limitations and evaluation on each part of the model lifecycle
- Evaluating the Model testing approach and results for individual models in accordance with MRG guidance
- Assessing the ongoing performance monitoring of the models
- Contributing to regulatory and internal audit related responses on risk rating assigned to various Fraud Models
- Collaborating with other teams within Risk and the Business regarding implementation of models to facilitate compliance with the policies, procedures, and guidance
- Supporting the process of delivering and maintaining best-in-class reports in compliance with process standards, guidance, practices, templates and other documentation
- Review and validate new and existing model and framework, provide effective challenge, ensure validation work quality
Job Responsibilities
- Previous experience (2+ years) in model Validation/Modelling/Monitoring, preferably in BFSI.
- Past experience in problem solving roles
- Knowledge of credit cards
- Hands on work experience in SAS
- Prior experience in Fraud analytics would will be a plus.
Location
Ahmedabad, Gujarat, India
Gurgaon, Haryana, India