Assistant Vice President - Model Development - BFSI

Job description:

- 4 years+

- Hands on coding experience (as a full-stack developer / agile developer etc.

- Preferable language is Python, C/C++ etc

- Expertise in Model Development in CCR models/Treasury models/Market risk

Role & responsibilities:

- To design, develop, implement, and support mathematical, statistical, and machine learning models and analytics used in business decision-making

Accountabilities:

- Design analytics and modelling solutions to complex business problems using domain expertise.

- Collaboration with technology to specify any dependencies required for analytical solutions, such as data, development environments and tools.

- Development of high performing, comprehensively documented analytics and modelling solutions, demonstrating their efficacy to business users and independent validation teams.

- Implementation of analytics and models in accurate, stable, well-tested software and work with technology to operationalise them.

- Provision of ongoing support for the continued effectiveness of analytics and modelling solutions to users.

- Demonstrate conformance to all Enterprise Risk Management Policies, particularly Model Risk Policy.

- Ensure all development activities are undertaken within the defined control environment.

Assistant Vice President Expectations:

- To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.

- Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes

- Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.

- Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.

- Take ownership for managing risk and strengthening controls in relation to the work done.

- Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.

- Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.

- Influence or convince stakeholders to achieve outcomes.