* Leading consultancy are seeking an experienced market risk model validation Quant for a key client project focusing on FRTB IMA Model Validation
* * Reviewing model documentation: Ensuring that models are well-documented and that the assumptions and methodologies are clearly explained
* Performing backtesting: Comparing the model's predictions with actual market outcomes
* Conducting P&L attribution tests: Assessing the accuracy of the model's P&L attribution.
* Evaluating model performance under stress scenarios: Assessing the model's ability to withstand extreme market conditions.
* Monitoring model performance over time: Identifying any potential issues or areas for improvement.