AVP - Risk Modeler - BFSI

- Development of statistical and econometric models to forecast risk factors like Equity, Rates, Credit etc required for stress testing purpose

- Development of macro & financial models using a variety of quantitative techniques ranging from statistics, econometrics and time series analysis utilized for Group Wide stress testing

- The model development, documentation and validation should adhere to SR 11-7 standards

- Communicate complex modeling and statistical concepts to senior levels of internal management

- Understanding and interpretation of data including data gathering and cleaning to ensure data is fit for use

- To contribute in the design and calibration of forward looking internal and regulatory stress testing scenarios

- Test the models on extensive technical and fundamental criteria to ensure models are fit for purpose

- Communicate complex modeling and statistical concepts to senior levels of internal management

- Understanding and interpretation of data including data gathering and cleaning to ensure data is fit for use

- Provide comprehensive documentation of models including analysis on technical aspects of statistical models for model validation purpose

- Generate forecasts for various risk factors for a range of baseline and stress scenarios

- Excellent financial/statistical modeling skills with a strong quantitative background - Graduation from a top tier technology or management institute

- Strong knowledge of statistical concepts

- Knowledge of statistical packages (such as R) is a plus

- Excellent communication skills