Portfolio Models and Alpha Model Validation Specialist, Associate Deutsche Bank

2.0 - 7.0 years

0 Lacs

maharashtra

On-site

The Portfolio Models and Alpha Model Validation Specialist, Associate role based in Mumbai, India is a part of the Model Risk Management (MoRM) team at Deutsche Bank. MoRM is responsible for managing model risk by independently validating internal models and monitoring and controlling model risk. The Portfolio Models and Alpha validation team within MoRM focuses on validating portfolio models developed for Credit Risk, Business Risk, Operational Risk, and Risk Type Diversification. As a Portfolio Models and Alpha Model Validation Specialist, your key responsibilities will include independent validation of models and model changes, performing quantitative analyses, enhancing validation concepts, and ensuring adherence to model risk standards like SR11-07. To be successful in this role, you should have an academic degree in Mathematics, Statistics, Physics, Econometrics, or a similar discipline. You should possess 2-7 years of professional experience in Operational risk and Portfolio Risk model development or validation. Strong mathematical abilities and proficiency in programming languages like Python, Matlab, R, C++, and experience in Machine Learning are essential. Additionally, you should have IT affinity, data analysis skills, and a good understanding of IT processes. The role offers benefits such as a best-in-class leave policy, gender-neutral parental leaves, reimbursement under childcare assistance benefit, sponsorship for industry relevant certifications, Employee Assistance Program, comprehensive insurance coverage, and health screening. Training and development opportunities, coaching, and a culture of continuous learning are provided to support your career growth. Deutsche Bank promotes a culture of empowerment, responsibility, commercial thinking, initiative, and collaboration. They encourage a positive, fair, and inclusive work environment where all individuals are welcome. For more information about Deutsche Bank, please visit their company website at https://www.db.com/company/company.htm.,

Posted 6 days ago

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