Risk Analyst

You will be responsible for independently assessing the conceptual framework, methodology, data, and implementation of models. Your role will involve validating models using Statistical and Machine Learning methods. You will be expected to suggest and propose changes in models based on your assessments. Evaluating potential risks associated with model usage and performance, including financial, operational, and reputational risks, will be a key aspect of your duties. Conducting independent performance reviews, back-testing, and benchmarking will also fall under your purview. Ensuring compliance with RBI and other regulatory standards is crucial to this role. Collaboration with the model development team, compliance, audit, and risk teams will be necessary for successful execution of your responsibilities. Additionally, you will need to maintain clear, auditable documentation of validation processes and findings to ensure transparency and accountability.,