AVP - Risk Analytics - Loss Forecasting - Banking Domain

Looking for people with good Modeling Analytics experience into Banking domain.

JD:

- The Analytics Centre provides support to various business groups and functions and the job involves data analysis, model design, validation and calibration of credit, market and operational risk models. It also feeds into strategy development and implementation, reporting and data management. It forms the information basis for strategic planning by the senior management for businesses and enables effective decision making to satisfy business needs and requirements along with addressing unforeseen challenges.

- The Loss Forecasting team in has been set up to support the Retail portfolios in the area of Loss Forecasting, LIC tracking, monitoring and Reserves analysis. This job position will work as an AVP within the MENA LF team. The job will entail leading the AOP & ROP process, coordinating the monthly, quarterly and half-yearly LIC monitoring exercise, Reserves analysis as well as various 4C related activities

- The jobholder will be required to work closely with the MENA Regional LF lead, MENA CRO, as well as senior stakeholders in the regional risk, Finance and CVM teams

- The person will also be required to work in close collaboration with Group Risk on IAS39 remediation as well as IFRS9 rollout related activities

- The role requires the incumbent to work in the Loss Forecasting function at, reporting into the Head of Loss Forecasting team in

We are currently seeking an ambitious individual to join this team in the role of " Asst. Vice President - Business Consulting- Technology and Services", In this role, you will:

Projects & Analysis

- Manage the MENA LF team at (includes resource allocation, manage project pipeline, prioritisation and update management on progress)

- Responsible for end-to-end project management, should ensure productivity and output from the team fall in line with the stated SLAs for all projects

- Manage relationship with key stakeholders in the Business (Onshore and Offshore) to build confidence in team

- Responsible for conceptualizing, designing and implementing QA/QC framework for identified processes and ensures adherence and constant improvement.

Service Delivery

- Work with various stakeholders in Retail Risk Analytics as well as Risk, CVM and Finance counterparts

Required educational qualification:

- Master's degree in mathematics/ statistics/ economics/Finance or equivalent streams

- Around 9 or more years of relevant analytics experience in statistical analysis or equivalent

- Prior experience in credit risk analytics, risk management and statistical model development

- Understanding of regulatory implications and relevance

- Good theoretical and practical knowledge of tools [SAS, MS Office, VBA etc] & statistics