Vivek Thakkar

About Vivek Thakkar

Model Risk Management professional with over 14 years of experience in quantitative model validation across derivatives pricing, XVA, regulatory capital, and GenAI models. Currently a Senior Model Validator at Mizuho Securities, covering rates, credit, and XVA models within the India risk function.Prior experience includes Associate Director at TIAA, where validation work covered ALM, actuarial, and GenAI models across insurance and retirement portfolios; model validation at FirstRand (Rand Merchant Bank); market risk at Credit Suisse; and prime brokerage technology at Nomura.Domain expertise includes OTC derivatives pricing, FRTB, SA-CCR, XVA frameworks, and GenAI model risk, with validation practice aligned to SR 11-7, OCC 2011-12, and JFSA governance frameworks.

Experience

1. Senior Model Validator

   Mizuho

   Apr 2026 — Present · Mumbai, IN

   Independent model validation across rates, credit, and XVA models within Mizuho Securities\' India risk function. Validation scope spans OTC derivatives, regulatory capital models, and GenAI model risk under SR 11-7 and JFSA frameworks.

Education

• Global Association of Risk Professionals

  FRM

  2014 — 2015

• Fitch Learning

  Certificate in Quantitative Finance (CQF), Research Methodology and Quantitative Methods

• University of Mumbai

  Bachelor of Engineering (B.E.), Electrical, Electronics and Communications Engineering

  2007 — 2011