American Express Hiring Assistant Manager

Company Name : American Express

Job Designation: Assistant Manager

Qualification : Master’s Degree

Location : Gurgaon/Haryana

Experience Required : 0 – 2 Years

CTC Offered : Best in Market
Job Description


Enterprise Model Validation Group (EMVG) within Global Risk Oversight Group is responsible for the independent validation of all AXP models. It manages and control model risk in order to elevate model excellence, strengthen long term Shareholder value and satisfy Regulatory expectations. The successful candidate will work with EMVG and will be based out of Gurgaon, India. Incumbent will be responsible for independently validating a suite of Basel and Economic Capital models for the Company's institutional, consumer and small businesses portfolios across the globe. Individuals will closely work with geographically diverse business units, regulators and external consultants, amongst others. The position offers the individual a unique opportunity in terms of
• Diversity across business units and geography
• Exposure to existing risk management practices across the entire customer life cycle
• Broadening of one's skill set by exposure to a broad range of risk management tools and techniques
Responsibilities: • Independently validating Basel and Economic Capital models, which includes evaluating conceptual soundness, data, methodology, performance and on-going monitoring.
• Documenting detailed model validation report and preparing for the regular regulatory and internal audit reviews.
• Tracking the validation findings and reviewing the resolution of these findings.
• Communicating the validation results to business partners and modeling committees.
• Conducting in-depth research to enhance model validation process and techniques.
Qualifications• Masters degree in Statistics from IIT or ISI.
• 0-2 Year Experience in Financial Services, preferably in credit cards domain.
• Hands-on experience in Basel modeling or validation will be preferred.
• Strong Analytical, Relationship and project management skills for driving validation initiatives.
• Experience in applying advanced statistical and/or quantitative techniques to solve business problems is preferred.
• Strong Verbal, Written, Interpersonal skills and ability to work effectively in a team environment.
• Willingness to Collaborate with Cross-Functional teams to drive validation and Project Execution.
• Flexibility and Adaptability to work within tight deadlines and changing priorities.
• Experience with data manipulation tools such as SAS, SQL, R and JAVA is a must have.

Apply Here