Model Validation Analyst Job Vacancy in Thomson Reuters Bengaluru, Karnataka – Latest Jobs in Bengaluru, Karnataka

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Company Name : Thomson Reuters
Location : Bengaluru, Karnataka
Position : Model Validation Analyst

Job Description : Model Validation Analyst
At Thomson Reuters, we are recruiting a team of motivated data professionals to transform how we manage and leverage our commercial data assets. It is a unique opportunity to join a diverse and global team with centers of excellence in Bangalore.
This role will be working out of one of our global offices in Bangalore, India.
Within the Data & Model Governance team in Data & Analytics, the Model Validation Analyst will be responsible for developing and implementing policies and standards for models, control procedures, conducting technical model validation activities, providing guidance on a model’s appropriate usage in the business context, evaluating ongoing model performance testing.
About the Role:
Create framework for model validation activities. The objective is to ensure that models are used appropriately in the business context.
Ensuring model validation includes steps to evaluate the conceptual soundness of the model design, reasonableness of assumptions, reliability of data inputs, completeness of testing, adherence to implementation procedures, robustness aspects; suitability and comprehensiveness of performance metrics and risk measures associated with use of model.
Develop and implement enterprise-wide model risk policies and procedures to guide sound development, implementation, and use of quantitative techniques across TR.
Collaborate with model developers and users to streamline and normalize oversight processes.
Communicate model risk validation metrics and policies through impactful training materials and presentation.
Provide oversight in large modeling initiatives for alignment with company policies and industry practices.
Assist Risk team to determine risk ratings of models and level of oversight and documentation required.
Model Risk Management: establish model monitoring processes ie., to oversee remediation efforts/activities when there is skew and drift. Determine model review responsibilities, reporting and frequencies.
About You:
Bachelor’s degree in statistics, math, engineering, finance, economics, computer sciences, or business required with 3 years of experience
Experience in analytics and the application of model validation
Experience creating validation and control programs
Strong communication skills
Ability to coordinate activities across the company with various stakeholders
Ability to work with highly technical individuals
Understanding of model development process and drivers of model risk
Understand model risk management regulatory expectations
Exceptional interpersonal skills with proven experience in relationship building and partnering. Must work well in both team and individual settings and must be able to work with a geographically dispersed team
What’s in it For You?
You will join our inclusive culture of world-class talent, where we are committed to your personal and professional growth through:
COVID-19 Response: Currently working remotely and following local COVID-19 bylaws and guidelines with the majority of our offices being remote until July 2021. Upon return, we will be embracing a hybrid work environment consisting of in-office and remote work
Culture: Globally recognized and award-winning reputation for equality, diversity and inclusion, flexibility, work-life balance, and more
Wellbeing: Comprehensive benefit plans; company-wide Mental Health Day Off; Headspace app subscription; retirement, savings, tuition reimbursement, and employee incentive programs; resources for mental, physical, and financial wellbeing
Learning & Development: LinkedIn Learning access; internal Talent Marketplace with opportunities to work on projects cross-company; Ten Thousand Coffees Thomson Reuters café networking
Social Impact: Eight employee-driven Business Resource Groups; two paid volunteer days annually; Environmental, Social and Governance (ESG) initiatives for local and global impact
Do you want to be part of a team helping re-invent the way knowledge professionals work? How about a team that works every day to create a more transparent, just and inclusive future? At Thomson Reuters, we’ve been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news services – Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing and informing.
We are powered by the talents of 25,000 employees across more than 75 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. At a time when objectivity, accuracy, fairness and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.
Accessibility
As a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.
We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law.
More information about Thomson Reuters can be found on thomsonreuters.com.
Do you want to be part of a team helping re-invent the way knowledge professionals work? How about a team that works every day to create a more transparent, just and inclusive future? At Thomson Reuters, we’ve been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news services – Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing and informing.
We are powered by the talents of 25,000 employees across more than 75 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. At a time when objectivity, accuracy, fairness and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.
Accessibility
As a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.
We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law.
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More information about Thomson Reuters can be found on thomsonreuters.com.

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