Job Description:  - Opportunity to work in the team that owns the Incremental Risk Charge (IRC) methodology and calculation. The IRC is a regulatory capital charge for credit risk in the trading book. It requires an internally designed calculation that must meet regulatory standards.  - Researching, developing, prototyping and implementing new modelling, calculation and reporting approaches in a continuous improvement cycle. This includes adjusting model parameters, dealing with performance issues, and scheduling a formal IT update cycle.  - Liaising internally with risk managers and Front Office clients, including explaining day-to-day movements, performing ad-hoc analysis and answering technical or background questions on the model and requirements.  - Work closely with the credit Economic Capital team on methodology aspects.  - Work with Risk IT who implements the methodology.  - Produce analyses required for regulatory reporting and analyses requested by regulators.  Qualification, Experience and Skill sets  - Advanced / Master's degree in finance, mathematics, econometrics, engineering or other quantitative subject  - Candidates from other streams who are able to demonstrate solid quantitative understanding to be able to understand the IRC framework in depth are welcome to apply as well  - 5+ years- experience in quantitative risk management in financial services.  - Experience of credit risk portfolio models would be an asset, preferably from within a risk management department. Some experience in bank regulatory capital, Basel II/III would be advantageous. Understanding of bank regulatory credit or trading risk charges, credit portfolio models possibly coming from Economic Capital will be advantageous  - Ability to communicate logically and precisely, including writing extended documentation  - Familiarity with programming (preferably in R) and understanding of IT implementation / infrastructure, as this role needs to liaise with Risk IT  - Previous experience in Team Lead role will be advantageous - role requires the candidate to take full responsibility to IRC team in Mumbai.

Mumbai

AVP/Sr Credit Risk Quantitative Analyst 

AVP/Sr Credit Risk Quantitative Analyst  ,Job Description for AVP/Sr Credit Risk Quantitative Analyst  in Antal International Network in  Mumbai for (5-10) years of experience. Apply Now!

Job Description for AVP/Sr Credit Risk Quantitative Analyst  in Antal International Network in  Mumbai for (5-10) years of experience. Apply Now!