· Validating, monitoring, and controlling risks in analytical models used by organizations · Responsibilities include testing models, assessing data quality and assumptions, documenting findings in reports, managing the model inventory, and collaborating with developers and auditors to uphold the organization's MRM framework. · Independently testing and validating models to assess their accuracy, conceptual soundness, and robustness under various conditions. · Continuously monitoring model performance and outcomes to detect deterioration and ensure ongoing effectiveness. · Strong statistical, financial, and economic expertise to conduct model validation and analysis. · Familiarity with model risk management regulations and best practices, particularly in the financial industry.
