Credit Risk Model Development - Wholesale Banking

About Our Client:

Our client is one of the largest global Banks with demonstrated strengths across Corporate Banking, Consumer Banking and Investment Banking. They are significantly ahead of the curve in one of the largest Analytics franchises in India. They are looking at expanding their wholesale banking credit risk practice and keen on hiring strong analytics professionals across levels.

Job Description:

As part of the credit risk analytics practice, you will be responsible to:

- Lead model, policy and systems development projects globally to harmonize and coordinate with regional activities. Engage with credit and businesses to manage model risk

- Provide quality development documentation for all wholesale credit and traded risk models. Active involvement in performance management of team members

- Promote collaboration with Group and Regional teams to achieve business objectives

- Support model development projects: attention to time schedule and resource planning, participate to panel meetings and discussion with business experts, write good quality and comprehensive documentation

- Engage with senior management, model owners and model sponsors as well as model reviewers and approvers

- Liaise with Risk Systems and IT to support model deployment

- Participate in global initiatives as well as cross-risk projects

- Maintain internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators

- Covering the Model Development of all models included in the Wholesale Credit and Traded Risk function

The Successful Applicant:

- Be a Masters Degree holder in Economics/Mathematics/Statistics, or an MS/MBA in Finance; or be a B.Tech with relevant experience

- Have 5+ years prior experience in model development and validation within the wholesale credit and (or) traded risk domain

- Possess strong knowledge of wholesale credit risk and global banking and market products as well as Basel 2 and Basel 3 framework

- Be able to progress on multiple projects across wholesale credit, traded credit and market risk functions at the same time

What's on Offer:

The opportunity to work in a leadership role with one of the largest Global Bankings Powerhouses in an important function with exposure to several international markets