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    Model Risk Management Specialist - Kanpur, India - Outsized India Private Limited

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    Description


    At Outsized, we match clients in financial services and management consulting to high-quality independent consultants and boutique/specialist firms for the execution of their key projects.

    Our client is a leading Consulting firm.

    We are thrilled to announce a client-facing role within our Client's Financial Services - Risk Management practice in the MENA region.

    This position offers a unique opportunity for a skilled professional to advise clients on financial risk analytics, providing expertise across a spectrum of risk management areas.


    The ideal candidate will bring a wealth of experience in model development, model validation, model governance frameworks, stress testing, and portfolio analytics and reporting.

    This role is not only about applying existing skills but also about pushing the boundaries of financial risk management to protect and enhance client value.

    What You Will Be Doing:


    • Model Development: Creating and refining datadriven and expert judgmentbased models for both retail and wholesale portfolios. This includes credit risk models, scorecards, collection models, and more.
    • Model Validation: Utilizing statistical and qualitative methods to validate various models within the risk domain, including familiarity with BIS working paper 14 and conducting model validation reports.

    Model Governance Framework:
    Implementing model governance frameworks for financial institutions, encompassing policy and procedures, model inventory, lifecycle, and control frameworks.

    • Stress Testing: Conducting both regulatory and internal stress tests to evaluate financial institutions' resilience against capital adequacy and earnings volatility.
    • Portfolio Analytics and Reporting: Engaging in deepdive analytics, segment performance reviews, and the development of AI/ML models to support client business decisions.

    Your Background:
    Experience Required:

    • 6 to 10 years in financial services advisory or in credit risk/ERM departments within banks, preferably with leading consulting firms.
    • Education: A Bachelor's or Master's in quantitative disciplines or an MBA (Finance) from a leading business school. Professional qualifications like Chartered Accountancy, FRM, SCR, or CFA are advantageous.
    • Skills: Expertise in MS Excel, PowerPoint, Word, and data modelling software (R, SAS, Python). Strong analytical, interpersonal, communication, and presentation skills are essential.
    • Personal Attributes: Creative thinker with rigorous analytical skills, high energy, meticulous attention to detail, and the ability to multitask. Willingness to travel and second language skills are beneficial.
    This is a 6-month contractual opportunity with a high probability of conversion to a permanent role based on performance. The selected candidate would be required to be based in Riyadh, KSA for the duration of this contract.
    )


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