Consultant/Senior Consultant - Credit Risk Modeling

One of our leading clients in Bangalore is looking for Consultant / Sr. Consultant role who has good work experience in the Credit Risk Modeling, back-testing, PD, EAD, & LGD.

Designation : Consultant / Sr. Consultant

Experience : 5-12 years of relevant experience

Skill set: CCAR/DFAST hands on modeling exp in retail (credit card or mortgage or real estate) credit risk (PD/EAD/LGD) at least 5 years, SR-11/7 understanding, Basel exp, Documentation

Tool : SAS, R, Office

Location : Bangalore

Major Duties :

- Resolve complex issues in modelling credit risk rating models PD/EAD/LGD used in the calculation of economic and Basel capital, allocation of capital for performance measurement, and other aspects of credit risk management. CCAR credit loss modelling experience for whole sale and retail

- Active participant in the development of credit risk models (PD/EAD/LGD) for Personal, CRE, C&I, Residential Real Estate, OTTI etc. Ensures regular production of analytical work and reports. Acts as an important contact for credit risk models with regulators, Internal Audit Department, and Model Validation Group.

- Works with senior team members to evaluate existing processes in relation to corporate objectives and industry leading practices. Assess development needs and manage process to achieve desired future state.

- Supports internal risk rating system. Ensures that the risk rating system framework meets needs of internal constituents and regulatory requirements. Help in enhancing the process, automation and provide the industry view

- Helps to resolve credit risk issues and enhance overall credit risk framework. Works with Credit Risk Management Group to ensure that risk management policies/processes and quantitative modelling approaches are consistent.

- Contributes to communication and training efforts to promote understanding of credit risk management throughout the company.

- Ensures that risk rating models meet both internal corporate needs and regulatory requirements related to Basel II.

- Participates in developing, implementing and monitoring risk rating models. Perform Back testing when requires

- Responsible for direct interaction with various committees and/or management