Data Scientist-Model Validation
3 weeks ago
Overview
The Model Validator's primary responsibility is to assess, validate, and ensure the accuracy and compliance of mathematical and statistical models used across the organization. It plays a key role in maintaining the bank's risk management and decision-making processes by reviewing and assessing the reliability of these models.
Responsibilities- Align with the team\'s work plan and ensure that the validation of models is performed according to the rules set forth by the bank and the BSP.
- Conduct validation of bank models, ensuring that models are managed effectively so that they remain accurate.
- Prepare detailed validation reports summarizing findings, documenting validation procedures, and providing recommendations for model improvements.
- Ensure satisfactory and timely validation of models assigned to the validator.
- Align with team timelines to ensure timely and satisfactory output.
- Bachelor's degree in a quantitative field (mathematics, statistics, finance, economics, computer science, etc.) with 3+ years of relevant work experience.
- Master's degree in any relevant field is preferred.
- Strong analytical, statistical, and technical skills.
- Proficiency in programming languages (e.g., Python, R, SQL).
- Knowledge of machine learning, statistics, and modeling techniques.
- Familiarity with regulatory requirements and industry standards is preferred.
- Effective communication and collaboration skills.
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