Model Risk Management

Finance
India
May 14, 2025
Full Time

Job Description

This Model Risk Management role entails validating, monitoring, and governing models used across the enterprise. From credit score chance models and system mastering packages to advertising and operations, you’ll make sure that model use aligns with inner policy and regulatory standards.

🔍 Key Responsibilities

As a Model Risk Management professional at Synchrony, your duties may also encompass:

  • Conduct independent validations of quantitative fashions across hazard, finance, fraud, and advertising and marketing domains
  • Assess version design, performance, assumptions, and implementation consistency
  • Document version validation findings and gift recommendations to model owners and senior management
  • Maintain adherence to regulatory hints together with SR eleven-7 and OCC Model Risk Management requirements
  • Participate in version governance critiques, audits, and regulatory checks
  • Collaborate with cross-purposeful teams to make sure continuous development in version chance practices
  • Monitor model overall performance and song remediation efforts publish-validation
  • Provide concept management on rising modeling techniques including device studying, AI, and alternative data assets

✅ Required Qualifications

🎓 Education:

  • Bachelor’s or Master’s degree in a quantitative discipline along with Statistics, Mathematics, Economics, Engineering, Data Science, or a related area
  • PhD preferred for senior roles

💼 Experience:

  • 2–7+ years of enjoy in version validation, development, or quantitative analytics inside the monetary offerings industry
  • Familiarity with statistical modeling techniques, chance modeling, or AI/ML-based totally models
  • Exposure to regulatory expectancies associated with model governance (SR eleven-7, CCAR, CECL, and so forth.)

🧠 Skills:

  • Strong programming abilties in Python, R, SAS, or SQL
  • Ability to assess and document model common sense, assumptions, and statistics pleasant
  • Excellent written and verbal conversation for technical and non-technical audiences
  • High interest to detail, analytical mind-set, and essential wondering abilities
  • Familiarity with data visualization tools (e.G., Tableau, Power BI) is a plus

🌟 Preferred Experience

  • Model development or validation in credit risk, marketing, or fraud detection
  • Hands-on enjoy with system learning fashions or scorecard improvement
  • Experience working in a regulated surroundings or in response to audits and examinations
  • Knowledge of cloud-based totally model development environments (e.G., AWS, Azure)

💼 Why Join Synchrony?

Joining Synchrony’s Model Risk Management team way being at the vanguard of threat and technology in a supportive, modern environment. You’ll have the risk to persuade key decision-making processes and make contributions to Synchrony’s regulatory compliance and economic soundness.

Employee Benefits:

  • Competitive revenue and performance bonuses
  • Comprehensive medical, dental, and vision insurance
  • 401(ok) with generous company healthy
  • Employee inventory purchase software
  • Generous paid break day, wellbeing days, and parental leave
  • Learning and development applications
  • Hybrid/bendy running options

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