Model Validation Intern-Integrated Risk ManagementNgân hàng TMCP Việt Nam Thịnh Vượng - VPBank

Job Description of Model Validation officer
Validate credit risk model based on qualitative method (model development methodology, model design, suitability of model in actual business of the Bank...) and quantitative method (model performance) as an independent model validator.
Identify reasons, factors impacting models (if any) and propose proper recommendations to address the issues.
Evaluate model's compliance with international standards such as Basel II, IFRS9...
Re-execute model development process (if necessary) based on development documentation to ensure the consistency between development procedure and details in development documentation, detect errors (if any)
Evaluate periodically or extraordinarily (if required)
Main tasks of Model Validation intern:
Validation interns will be trained on knowledge, skills to develop and validate credit risk model during the internship period to ensure ability to validate model.