Job Description
Ameriprise Financial has an exciting opportunity for a Quantitative Model Validator position! This position will be responsible for leading and implementing model validation activities, including validation, annual review, ongoing monitoring, findings management, and model use approvals.
Key Responsibilities
The Quantitative Model Validator position will report directly to Model Validation Leadership for AI/ML and will lead evaluation of the conceptual soundness of low- to moderate-risk models and assess limitations and suitability for use.
May be responsible for coordination of validation projects with 1-2 people.
Will demonstrate knowledge in one or more key model risk areas of Artificial Intelligence/Machine Learning or decision sciences.
Required Qualifications
Has a proven track record with a minimum of four years of experience with Masters (or two years with PhD) in model risk management in banking or insurance.
Has a master's degree in science, data science, math, statistics, or related area.
Previous people or project leadership experience and shown ability to coach and mentor people.
Confirmed ability to apply both strategic and analytic techniques to provide business solutions and recommendations.
Ability to work independently with high initiative and comfortable working optimally in a collaborative team environment.
Proven success in communicating sophisticated information to senior management in a compelling fashion.
Strong written and verbal communication skills.
Leads organizational change with varying audiences, can successfully influence partners.
Preferred Qualifications
PhD in science, data science, math, statistics, or related area.
Familiarity with SR 11-7, OCC 2011-12, or similar regulatory guidance.
About Our Company
Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 125 years. We are a U.S. based financial planning company headquartered in Minneapolis with a global presence. The firm's focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions and work with other talented individuals who share your passion for doing great work. You'll also have plenty of opportunities to make your mark at the office and a difference in your community. So if you're talented, driven and want to work for a strong ethical company that cares, take the next step and create a career at Ameriprise India LLP.
Ameriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
Full-Time/Part-Time
Full time
Timings
(2:00p-10:30p)
India Business Unit
AWMPO AWMP&S President's Office
Job Family Group
Finance