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.