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Urgent! Associate Director Job Opening In Bengaluru – Now Hiring Acuity Knowledge Partners
Position Title: Assistant Director/ Associate Director
Experience Level: 10- 15 Years
Location: Bengaluru/Gurugram/Pune
Job Purpose
- Provide strategic vision and leadership for the Model Risk Management (MRM) team, ensuring robust model risk oversight and a best-in-class validation function across the organization.
- Oversee and execute comprehensive model validation and review processes in accordance with client’s model risk management policy to assess model usage, documentation, conceptual soundness, data integrity and the control environment.
- Lead the effective implementation, maintenance, and continuous improvement of Model Risk Governance frameworks, policies, standards, and procedures in strict alignment with regulatory standards and internal risk appetite
- Oversee and execute comprehensive model validation and review processes for all key model types, including Credit Risk (PD, EAD, LGD), Market Risk, CCR, Interest Rate Risk, Fraud Risk, Stress Testing, AML transaction screening, Pricing, Prepayment models etc.
- Perform ad hoc (generally statistical) analysis of back-tests or simulated performance information.
- The Credit Valuation Adjustment (CVA) accounts for measures of counterparty non-performance risk and is an adjustment made to the value of a financial instrument to reflect the possibility that a counterparty might default when the instrument is an asset for the sponsor.
- The Pricing and Potential Future Exposure model (PFE) produces distributions of rate or valuation outcomes based on expectations of future interest rates.
It is used for pricing new customer trades for interest rate swaps before taking to market and in credit underwriting.
Desired Skills and experience
- Master’s degree in mathematics, statistics, data science, finance, Quantitative Finance, or a relevant field.
- Experience in model development, model validation or model governance in the fields of Credit Risk, Market Risk, Operational Risk, Fraud Risk.
- Programming experience with demonstrated exposure to multiple languages such as Python, SAS, R, MATLAB, SQL, VBA, C++ or similar languages.
- Deep understanding of financial products, risk measurement, and model validation practices, including regulatory expectations for financial institutions.
- Experience required in building and pricing trades including Mark to Market Valuations, CVA models, Pricing and potential future exposure models
- Familiarity with vendor investment analytic applications: QRM, Moody’s Analytics, Aladdin, Axioma, Barra Portfolio Manager, Barra One, RiskMetrics etc.
- Experience with vendor financial data vendors: Bloomberg, Refinitiv, CRSP, MSCI, Markit, S&P Capital IQ, etc.
- Solid understanding of financial predictive modeling, such as multi-factor risk models, time series forecasting, Value-At-Risk (VaR), optimization theory, and machine learning.
- Attainment or progress toward at least one of the following: Graduate degree in business or quantitative discipline, FRM or PRM risk management certifications, Chartered Financial Analyst (CFA) charter
- Demonstrated history of strong analytical skills and attention to detail.
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Unlock Your Associate Director Potential: Insight & Career Growth Guide
Real-time Associate Director Jobs Trends in Bengaluru, India (Graphical Representation)
Explore profound insights with Expertini's real-time, in-depth analysis, showcased through the graph below. This graph displays the job market trends for Associate Director in Bengaluru, India using a bar chart to represent the number of jobs available and a trend line to illustrate the trend over time. Specifically, the graph shows 105616 jobs in India and 9794 jobs in Bengaluru. This comprehensive analysis highlights market share and opportunities for professionals in Associate Director roles. These dynamic trends provide a better understanding of the job market landscape in these regions.
Great news! Acuity Knowledge Partners is currently hiring and seeking a Associate Director to join their team. Feel free to download the job details.
Wait no longer! Are you also interested in exploring similar jobs? Search now: Associate Director Jobs Bengaluru.
An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at Acuity Knowledge Partners adheres to the cultural norms as outlined by Expertini.
The fundamental ethical values are:The average salary range for a Associate Director Jobs India varies, but the pay scale is rated "Standard" in Bengaluru. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.
Key qualifications for Associate Director typically include Top Executives and a list of qualifications and expertise as mentioned in the job specification. Be sure to check the specific job listing for detailed requirements and qualifications.
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Here are some tips to help you prepare for and ace your job interview:
Before the Interview:To prepare for your Associate Director interview at Acuity Knowledge Partners, research the company, understand the job requirements, and practice common interview questions.
Highlight your leadership skills, achievements, and strategic thinking abilities. Be prepared to discuss your experience with HR, including your approach to meeting targets as a team player. Additionally, review the Acuity Knowledge Partners's products or services and be prepared to discuss how you can contribute to their success.
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