Manager - Model Risk

About the Opportunity

Job Type: Permanent

Application Deadline: 19 July 2026

Title Manager - Model Risk

Department Model Risk, which is part of larger Enterprise Risk team

Location Gurugram/Bengaluru

Reports To Associate Director, Model Risk

Level 5

We’re proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join our team and feel like you’re part of something bigger.

Global Risk:

The risk team in Fidelity covers the management oversight of Fidelity’s risk profile including key risk frameworks, policies and procedures and oversight and challenge processes. The team partner with the businesses to ensure Fidelity manages its risk profile within defined risk appetite.

The team is circa 120-strong, and growing, covering all facets of risk management including investment, operational, enterprise, and technology risk.

Enterprise Risk Management (ERM) Function:

The ERM function is lead from Singapore and the primary purpose of the ERM team is to ensure that the business is managing risk within its agreed risk appetite, and in accordance with ERM Framework in place. The ERM function is also responsible for capital management, key risk regulatory reporting, policy governance and the ERM framework. It also acts as the oversight function for model risk, strategic risk, financial risk, ESG risk and strategic ventures. The ERM team size is currently 35, and the Model Risk team size is 12.

About the role

A model validation professional for conducting validation of investment management models and other financial models including AI and ML models and advanced language models like GPT and broader Generative AI (GAI) systems.

Your role will lead or support model validations. You'll undertake theoretical analysis and review of material models across asset classes, understanding the mathematical models and AI/ML models used and their implementation methods. You will also help with the continual development and maintenance of the model inventory and a model risk assessment process. Naturally, you'll actively engage and manage relationships with various stakeholders.