Risk Validation Manager
hace 5 días
At ScotiaGBS, we're seeking a highly skilled Risk Validation Manager to join our team in Bogota. As a key member of our Global Model Risk Management area, you'll be responsible for providing independent and consistent model validation and approval across various risk types.
Job DescriptionThe successful candidate will have a strong understanding of various modelling techniques and be comfortable conducting various testing independently. They will also possess excellent verbal and written communication skills, as well as hands-on programming skills in statistical and database modeling tools.
Main Responsibilities:
- Validate retail scoring (adjudication/behaviour/collection) models and non-retail adjudication Models.
- Validate retail credit strategy models (including adjudication, behaviour, collection).
- Validate AML models across the enterprise, including the vertical functions of (but not limited to), transaction monitoring, client risk rating, screening, etc.
- Review the methodology implemented for reasonableness and applicability, analyze the quality of the model's input data, assess soundness of model methodology, review the architecture of the software application implementing the model, perform quantitative tests and qualitative assessments of the model, execute independent calculations, and analyze/interpret model output.
- Based on the results of model validation, recommend improvements to the model or the model development process and identify material improvement opportunities in the models being validated.
Requirements:
- 1+ year of experience in data management or data architecture, with familiarity and comfort in handling large data.
- 1+ year of experience in the development and/or validation of credit risk or AML models is desirable.
- Exposure or experience in other risk functions such as credit risk, AML, market risk, or operational risk management is also desirable.
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