Manager - Operations Risk (Model Validation) - Mumbai - Lodha (I-Think Techno Campus)

Main Accountabilities * Perform periodic model validation, capture findings and store evidence of due diligence * Undertake comprehensive model validation exercise basis Tata Capital MRM policy. * Discuss gaps as identified with model developer and agree on remediation of the gaps. * Provide final recommendation to either continue using the model or recalibrate/redevelop the model * Performing data analysis by using relevant tools and present results and recommendation to relevant forums/committees. * Assist in establishing, monitoring, evaluating and interpreting data with risk management focus. * Communicate with internal stake holders and maintain model inventory while updating it at regular intervals. * Supporting the implementation of key regulatory requirements and guidelines. Competencies * Strong verbal and written communication, presentation and technical skills. * Strong problem-solving skills * Managing relationships with stakeholders across the organization. * Exhibit a strong understanding of complex concepts related to the role. Decisions that align with organizational objectives and priorities. * Understanding of industry wide modelling practices including statistical and expert based modelling and trends with knowledge to relevant languages and tools. * Understanding of ECL related models will be an added advantage * Ability to work in multi projects and environments. * Basic data handling skills and knowledge of MS Excel and Python Functional Competencies * Comprehensive understanding of the lending industry * Knowledge of lending risk models & validation. * Knowledge and experience in lending products/industry.