Model Risk Validation Manager

• Global MNC
• Rewarding Benefits

About Our Client

A Leading Global Bank.

Job Description

* Subject-matter-expert concerning all aspects of climate risk modelling (both physical risk and transition risk) and the use of climate risk models for credit risk and financial stress testing.
* Perform an independent validation of the climate risk models used in risk management, capital calculation, stress testing, etc.
* Qualitative review of model development process including underlying assumptions and theoretical basis.
* Quantitative assessment of model performance via data evaluation and statistical testing.
* Documentation of validation findings and communication of results to senior management and presentation to relevant committees.
* Maintenance of Climate Risk model family standards (with focus on model validation process and criteria) to ensure that the validation standards remain appr...