Credit Risk Model Development Role - Investment Banking

Our client is a leading global investment banking client looking to hire exceptional talent within their Credit Risk Model Development Team across various levels.

Some of the key responsibilities will include:

- The individual will be responsible to contribute to highly visible enterprise-wide modeling programs, dedicated to a specific area of the business/

- Candidate is accountable for providing reasonable forecasts of delinquencies, losses, and loan loss reserves throughout the year for various purposes like regulatory stress tests (CCAR, ICAAP and quarterly Risk appetite), loss budget for P&A, collections staffing plans etc.

- Analyze the impact of evolving standards such as Basel capital and CECL on forecast needs and business decisions.

- Understand the functioning of forecasting models and be able to challenge the model by conducting independent model assessment. Coordinate closely with model development teams to provide business perspective and insights.

To be eligible for this role you will require:

- Min 4 years plus working experience is required.

- Deep credit risk experience with strong understanding in development of Credit risk models (CCAR, PD, LGD etc.).

- Hands on experience in Programming with R/Python/SAS.