Job Description

Responsible for executing model validation activities, including validation, annual review, ongoing monitoring, findings management, and model use approvals for low-, moderate- or high-risk models. May coordinate a team of 1-2 quantitative model validators to test and evaluate the conceptual soundness of models and assess limitations and suitability for use. Subject matter expertise in a key model area such as Artificial Intelligence/Machine Learnings, Statistical and Stochastic processes, or Insurance and Actuarial Modeling. Key Responsibilities:

• Subject matter authority in the key model risk area of Stress testing and Capital Adequacy Analysis, Financial and Investment Risk, and Market Risk.
• Responsible for managing and executing model validation activities, including validation, annual review, ongoing monitoring, findings management, and model use approvals for low-, moderate-, or high-risk models.
• Test and evaluate the conceptual soundness of models and assess limitations and suitability for use.
• Subject matter expert in a key model risk area such as Artificial Intelligence/Machine Learnings, Statistical and Stochastic processes, Finance/Banking/Econometrics or Insurance and Actuarial Modeling.

Required Qualifications:

• Has a minimum of 7 years of experience in model risk management in banking or insurance.
• Has a masters degree in science, math, statistics, or related area.

Preferred Qualifications:

• PhD
• Familiar with SR 11-7/OCC 2011-12.

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