<p><strong>What role you will play in team:</strong>  You will be responsible for assessing and mitigating the risks associated with quantitative models used in the bank’s operations.</p><p><strong>What you will do:</strong> Evaluate model performance, identify weaknesses and develop recommendations for improvement.</p><p><strong>Key responsibility:</strong><ul><li>Evaluating the performance of quantitative models used in financial decision-making.</li><li>Identifying and assessing model risks.</li><li>Developing and implementing model risk mitigation strategies.</li><li>Preparing reports on model performance and risks.</li><li>Collaborating with model developers and users to improve model accuracy and reliability.</li><li>Keeping abreast of industry best practices and regulatory developments.</li></ul></p><p><strong>Required Qualification and Skills:</strong><ul><li>Master’s degree in a quantitative field (e.g., mathematics, statistics, finance).</li><li>3-5 years of experience in model risk management.</li><li>Strong understanding of statistical modeling techniques.</li><li>Experience with model validation and risk assessment methodologies.</li><li>Excellent communication and collaboration skills.</li></ul></p><p><strong>Benefits Included:</strong><ul><li>Competitive salary and benefits package.</li><li>Opportunities for career growth and development.</li><li>A dynamic and challenging work environment.</li><li>Work-life balance initiatives.</li></ul></p><p><strong>A Day in the Life:</strong> Your day involves model review, risk assessment, report writing, collaboration with model developers and users, and attending meetings.</p>