Associate - Credit Risk Model Development - Wholesale Portfolio - Bank

Discipline : Banking

Subsector : Analytics

Location : Delhi NCR

About our Client: Our client is one of the largest global Banks with demonstrated strengths across Corporate Banking, Consumer Banking and Investment Banking. They are significantly ahead of the curve in one of the largest Analytics franchises in India. They are looking at setting up their wholesale banking credit risk practice and keen on hiring strong analytics professionals.

Job Description : Reporting into the Head of Modeling and working as an individual contributor, you will be responsible to:

- Lead model, policy and systems development projects globally to harmonize and coordinate with regional activities. Engage with credit and businesses to manage model risk

- Provide quality development documentation for all wholesale credit and traded risk models.

- Promote collaboration with Group and Regional teams to achieve business objectives

Support model development projects:

- attention to time schedule and resource planning, participate to panel meetings and discussion with business experts, write good quality and comprehensive documentation

- Engage with senior management, model owners and model sponsors as well as model reviewers and approvers

- Liaise with Risk Systems and IT to support model deployment

- Participate in global initiatives as well as cross-risk projects

- Maintain internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators

The Successful Candidate:

- Bachelors/Masters/PHD degree in a quantitative subject such as Mathematics, Operations Research, Statistics, Economics or Finance from a tier one institution with at least 4+ years of experience in developing statistical risk models for a banking/financial institution.

- In-depth knowledge in applying Segmentation, classification/decision tree, Regression (Logistic, Linear) sequencing/association tools for credit risk modeling with exposure to developing models for the wholesale portfolio

- Strong data handling, interpretive, and problem solving skills with the ability to process large volume of transaction level data and efficiently derive actionable results taking into consideration operational aspects and risk impacts

- Strong programming skills in SAS, Databases (Teradata, Oracle), MS Office (Power Point, Excel, Word)

What's on Offer: This is an excellent opportunity to develop your career within one of the prestigious financial services firms and head their fast growing analytics business.

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