Model Risk – Model Risk Specialist, AS

Job Title: Model Risk – Model Risk Specialist

Corporate Title: Associate

Location: Mumbai, India

Role Description

• Model Risk continues to evolve in importance and demand, and it is vital that we enhance our Model Risk Framework across the Bank. The Model Risk Governance team is focused on transforming the processes and framework implementation ensuring early and proactive identification of Model risks to support business strategy..
• The successful candidate will take responsibility producing, analysing, and documenting model risk information in line with the bank's internal policies and the designated products of the Insights & Analytics Team services. The role adapts Agile working approaches and delivers tasks in an efficient and timely manner.

What we’ll offer you:

As part of our flexible scheme, here are some of the benefits that you will enjoy.

• Best in class leave policy.
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities:

• Create requirements documents for Model Risk Governance request from new or current state methods to target automated state.
• Produce comprehensive, quality assured model risk/ model scorecard reports (in Excel / Tableau / PowerPoint) which present global view of the bank’s model risk.
• Provide decision support information for focused end-user remediation on current model risk issues with actionable insights through advanced data analysis.
• Establish new ways of looking at model risk reports/managements KPIs/information by utilising different concepts e.g., scenario planning, trade-off assessments, and analytical thinking for data science and visualization.
• Achieve competency in using DB’s proprietary systems for data extraction, checking and validation of report accuracy.
• Perform UAT testing on any new model risk tool/report being implemented.
• Identify opportunities to leverage synergies within different Model Risk Management teams to automate tasks.
• Maintain a log of all Tableau develop efforts, both in-flight and in the pipeline for consideration, to be presented at various decision making forums.
• Be able to undertake development work within an Agile work environment. 
• Positive “solution based” work ethic.
• Communicate effectively with audiences in a clear & logical manner

Your skills and experience:

• 7+ years of industry experience
• Experience working with Senior Stakeholders within a high-pressure dynamic environment.
• Business Intelligence solution design, development, and process documentation to produce required reporting and analytics deliverables, experience in using Tableau is a distinct advantage.
• Strong analytical skillsets in being able to evaluate patterns and draw meaningful insights from data via quantitative & qualitative analyses.
• Experience in a quantitative risk management role is a distinct advantage.
• Strong aptitude and experience in automating manual tasks.
• Experience working with stakeholders to understand Reporting needs and translate to Business Requirements would be an additional plus.
• Excellent communication skills – both written and oral.
• A minimum of a bachelor’s qualification (or equivalent qualification / work experience) preferably in computer science context.
• Proficiency in Microsoft 365 including Office Suite with in-depth knowledge of advanced analysis techniques (e.g., Pivot Tables, Lookup-Functions), experience with Microsoft Power-Platform is a distinct advantage.

Candidate should adopt the Teams Operating Principles

Be constructively disruptive.  You're either defending the status quo or challenging it.  Don’t’ stop at the problem - take ownership.  Be creative through ideation, design and iterate solutions to manifest innovation.  It doesn’t matter if we’re not always right – it matters that keep moving forward. Be credible, intentional, and purposeful.  Avoid soft language like “I will try”, “I hope”, “It may happen”, “It won’t work”.  Be deliberate. Do as we say will do and commit to delivering on-time and in-full.  See success as small incremental gains. Be rigorous, supportive adopt the Principle of Charity.  Suspend your assumptions.  Be willing to engage in topics outside of your immediate mandate.  Adopt rigorous methods to make data-driven decisions – a bad outcome is not the same as a bad decision.

How we’ll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.htm

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.