Modelling And Analytics Senior Analyst Job In Commonwealth Bank In Bengaluru / Bangalore, India

At CommBank, we never lose sight of the role we play in other people's financial wellbeingOur focus is to help people and businesses move forward, to progress To make the right financial decisions and achieve their dreams, targets and aspirationsEach of us globally is dedicated to offering outstanding service, excellent advice and intuitive solutions to help our customers manage their finances in the ways they want toRegardless of where you work within our organisation, your initiative, talent, ideas and energy all contribute to the impact that we can make with our work.

Together we can achieve great thingsRisk Management is responsible for developing and deploying the risk frameworks to allow the Group to take conscious exposures to credit, market, operational, compliance and insurance risks within a Board-approved appetiteRisk Management ensures that the Group has appropriate strategies and frameworks in place to assess, manage and report on credit, market, operational, compliance and insurance risksWe do this by:

• Establishing frameworks to manage risks that are consistent with the Group's business objectives
• Identifying, assessing and reporting risks to the Board, Risk and Audit Committees, Executive Committee and Business Units
• Assessing the impact of proposed changes in laws, regulations and industry codes and
• Working collaboratively with the Business Units to achieve the optimal risk and return outcomes for the Group within the risk appetite approved by the Board

We are interested in hearing from people who have

• 5-8 years of experience building or validating models preferably in financial services
• Experience in developing/validating ML models and tools using Random Forests, Gradient Boosted Machines, Deep Neural Networks, etc in financial services is essential
• Advanced knowledge of modern analytics tooling: Hadoop, RStudio, R, Python, RMarkdown and/or Jupyter Notebooks, and Git.
  
  Experience with R's tidyverse package ecosystem is preferable
• Hands-on experience across multiple model types and tools (Fin Crime/AML, Fraud, Acquisition) development/validation is essential
• Tertiary qualifications, in a quantitative discipline such as mathematics, statistics, econometrics, actuarial science, computer science or physics
• Proficient in project management and using Microsoft Office tools and Atlassian products, viz JIRA
• Proven stakeholder management skills
• Excellent written and verbal communication skills

Roles and Responsibilities:

• Model Validation: Conduct validation of models involving
• Artificial Intelligence / Machine Learning risk management
• next-gen technology adoption (analytics toolset and data models)
• Various model types, viz fraud, financial crime, business models
• aligning work to policy, standard and procedure development

• Accountability: Support the presentation of outcomes to modelling forums and committees.
  
  Contribute to the broader validation strategy including clarity with respect to validation methodology, appropriate governance and applicable compliance requirements

• Stakeholder Management: Effectively presenting the results of validation work and business implications to internal working groups, technical forums, governance committees or regulatory meetings Proactively address and respond in a timely manner to developer, audit and regulatory queries and/or issues pertaining to models Maintain sound relationship with development team BU risk teams and other stakeholders Effective interactions with model stakeholders:
  • Model development, owners, and monitors
  • Chief Data and Analytics Office
  • Line 2 risk teams, internal and external audit

• Documentation: Thoroughly documenting the validation report, and appropriately presenting the validation results, to enable stakeholders to have a view of the fitness for purpose for the model(s)/tool(s).
  
  

• Business Impact: Evaluating implementation challenges, including assessment of the business impact of new or updated model(s)/tool(s) on risk measures or processes

If you're already part of the Commonwealth Bank Group (including Bankwest), you'll need to apply through to submit a valid application We're keen to support you with the next step in your careerWe're aware of some accessibility issues on this site, particularly for screen reader users We want to make finding your dream job as easy as possible, so if you require additional support please contact HR Direct on 1800 989 696.

Advertising End Date: 10/04/2023

Commonwealth Bank is looking for .

Commonwealth Bank is looking for Any Graduate / Post Graduate profile candidates.