Credit Risk Model Validation Manager - 12 Month Contract
About The Company: This is an exciting opportunity to join a well-respected financial institution with a strong commitment to innovation and excellence. The position offers a competitive compensation and benefits package, opportunities for professional development, and a collaborative work environment.
About The Role: As a Credit Risk Model Validation Manager, you will play a vital part in assessing and validating the accuracy and effectiveness of a range of credit risk models used across the organization.
Probability of Default (PD) models: Logistic Regression, Survival Analysis, Machine Learning techniques
Loss Given Default (LGD) models: Regression analysis, segmentation models
Exposure at Default (EAD) models: Stress testing, scenario analysis
Scorecards: Application, behavioural, and portfolio management scorecards
Perform back testing, out-of-sample testing, and other relevant validation techniques. Ensure model performance meets internal standards and regulatory requirements. Prepare comprehensive validation reports and present findings to key stakeholders. Collaborate with model developers, business units, and other stakeholders to address model limitations and improve model performance. Stay abreast of evolving regulatory requirements and industry best practices in model validation.
Requirements: Proven experience in credit risk model validation within the financial services industry. Strong understanding of statistical methodologies and their application in credit risk modelling. Proficiency in programming languages such as SAS, Python, R, or SQL. Tertiary qualifications in Mathematics, Statistics, Finance, or a related quantitative field.
For more information, please contact Awais on 0421 901 366 or apply online.
First Line Risk Opportunity Hybrid Working Environment $170K plus super We are recruiting on behalf of a leading financial services group for a skilled Senior Manager, Risk to join their first line...
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