Manager - Model Risk Management

Skill Ventory • Mumbai, Maharashtra, India • Posted June 02, 2026

Location Mumbai, Maharashtra
Job Type Full Time, Permanent
Category Financial Specialists
Posted June 02, 2026

Roles and Responsibilities

Team Leader- Model Risk Management

Experience: + Years with at least 7 years’ experience in Model Risk management in BFSI

Grade: OL

Roles and Responsibilities:

  • Updates and monitors compliance with the Model Governance Policy, the MRM Policies and Procedures, including gap analysis and road map to the target state for each model.

  • Manages the model inventory and the periodic model inventory attestation process including model definition, risk rating and model process rationalization.

  • Define roles and responsibilities for Model Governance; maintain inventory of critical roles (specifically, model risk ownership)

  • Define and monitor key activities related to model validation and monitoring

  • Define the standard and the delivery of model independent testing

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