<p><strong>What role you will play in team:</strong> You will be a vital member of our team, independently validating credit risk models to ensure their accuracy, reliability, and compliance with regulatory requirements.</p><p><strong>What you will do:</strong> You will meticulously review model methodologies, assess data quality, and perform backtesting and stress testing to validate the models.</p><p><strong>Key responsibility:</strong><ul><li>Independently review credit risk model methodologies, documentation, and assumptions.</li><li>Assess the quality, relevance, and completeness of data used in model development.</li><li>Perform backtesting and stress testing of credit risk models to assess their predictive power.</li><li>Prepare comprehensive validation reports summarizing findings and recommendations.</li><li>Communicate findings and recommendations to stakeholders effectively.</li><li>Stay up-to-date with industry best practices and regulatory guidance on model validation.</li></ul></p><p><strong>Required Qualification and Skills:</strong><ul><li>Master's degree in Statistics, Econometrics, Finance, or a related quantitative field.</li><li>3-5 years of experience in credit risk model validation or a related role within the financial industry.</li><li>Strong understanding of statistical modeling techniques and validation methodologies.</li><li>Proficiency in statistical software (e.g., SAS, R).</li><li>Excellent communication and presentation skills.</li></ul></p><p><strong>Benefits Included:</strong><ul><li>Competitive salary and comprehensive benefits.</li><li>Global career opportunities and advancement prospects.</li><li>A collaborative and supportive work environment.</li><li>Continuous learning and development opportunities.</li><li>Comprehensive health insurance and other employee benefits.</li></ul></p><p><strong>A Day in the Life:</strong> Your day will be focused on the detailed review and validation of complex credit risk models, requiring strong analytical skills and attention to detail.</p>