Arpit Saxena

I’m a risk management professional with 10+ years across credit risk, quantitative analytics, and finance, focused on model risk governance and independent model validation. I bring a strong technical foundation in financial products and analytics to help translate risk insights for senior stakeholders.

At Bank of America (Apr 2021–Present), I lead independent validation for economic scenario, climate risk, and capital models across the enterprise model inventory. I strengthen model risk oversight through independent benchmarking, sensitivity analysis, and validation documentation, while mentoring junior team members on regulatory frameworks and validation methodologies.

I also execute deep-dive validation for capital models supporting ICAAP and firmwide capital adequacy assessments, evaluating methodology, assumptions, conceptual soundness, performance, and limitations against regulatory expectations. My work includes validated climate risk models for the ECB Climate Risk Exercise (including NGFS scenarios and ECB climate methodologies), plus stress and sensitivity testing across baseline, hypothetical, CCAR, and CECL/IFRS9 exercises.

Previously at UBS Business Solutions India Pvt Ltd (Jul 2019–Apr 2021), I validated retail credit risk (credit cards and mortgage stress loss portfolios) for CCAR/CECL requirements and performed liquidity risk validation for LCR and NSFR, including behavioral assumptions, scenario design, and model implementation controls. Earlier, as a Sr. Business Analyst at Credit Suisse, I worked with the OTC Derivatives team on trade lifecycle and data quality root-cause resolution, and supported IFRS and BCBS 239 implementation for risk and finance data feeding—backed by FRM Level 2 and CFA Level 2 (passed Level 1).