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.