Validating Basel II related and/or quantitative models in the area of Retail Credit Risk (aka Consumer Credit Risk). recruitment
This includes assessing model risk by reviewing model assumptions, verifying the mathematical formulation, conducting business analyses, and developing similar models to perform statistical testing, and writing validation reports. Job description:Interacting with model developers, risk managers, other staff members, and internal, external, and government auditors. Validations are done in 2 steps: Interim (or Level 1) validations involve assessing the adequacy of model documentation, conducting minimum statistical testing and re-deriving any formulae, and opining on whether this model seems plausible. Read more […]
May 1, 2009
• Tags: or quantitative models in the area of Retail Credit Risk (aka Consumer Credit Risk). recruitment, Risk Management careers in the USA, Validating Basel II related and • Posted in: Financial • Comments Off on Validating Basel II related and/or quantitative models in the area of Retail Credit Risk (aka Consumer Credit Risk). recruitment