HDFC Bank
Location
Delhi | India
Job description
Functional Business Analyst-
Model Validation Unit Job Summary Current job opening is for BA role for implementation of systems and production support for automation requirements of our Model Validation Unit (MVU) user group. Responsible to prepare Requirement Document, explain the requirements to software application provider / company, review FSD/UD, prepare UAT test cases, carry-out UAT Job Purpose Analyse, translate, and articulate Business concepts into system/process requirements with the objective to implement IT enabled solutions that meet Business user requirements within the regulatory guidelines and organizations priorities at any point of time with the objective to comply to the same. Support post go-live queries / issues for these requirements as well as BAU production support. Control & Oversight : Implement a centralized platform to manage the entire lifecycle of Models, from development to retirement. Enable comprehensive monitoring and management of all models used across various banking functions Risk Assessment & Mitigation : Implement system functionalities to ensure the accuracy and reliability of models by evaluating and mitigating potential risks associated with various issues identified during validation & monitoring. Regulatory Compliance : Implement system functionalities that aligns with evolving compliance requirement with regulatory standards and internal policies throughout the model lifecycle. Efficiency Improvement : Streamline model development, deployment, and maintenance processes to improve operational efficiency and reduce redundancy. Auditability : Establish comprehensive logging and tracking systems to enable thorough model auditing and version control. Business Analyst Responsibilities: Requirement analysis and design Functional Solution creation Production Support Interaction with Vendor, Business, BSG project resources for day to day operations Progress Reporting Requirements: 5+ years experience which could be a combination of Technical domain understanding across Banking Applications, especially Model Validation / Model Validation workflows / Credit or Market Risk Models testing / Workflow based Applications / Datalake applications. -System functional knowledge, related banking/process knowledge and relate skills viz: Analytical, Workflow, Documentation, Communication -Exposure to Various product lines mentioned “Credit Risk’, “Market Risk”, “Rating Models”, etc. -Experience in “IBM’s Cloud Pack for Data”, “Solytics Partners – Nimbus”, etc will be preferred / added advantage.Job tags
Salary
