CRISIL - Quant Analyst - Credit Risk/Market Risk - Model Development & Validation

Job Duties :

- Role will require closely working with the Model Development/Model Validation/Risk

- Management team at one of the largest US/European financial firms.

Key responsibilities include helping the bank with various aspects of the model risk management (first line or second line) and regulations :

- The candidate would be working on CECL/IFRS9, CCAR/DFAST, EBA/PRA/BoE, Basel related projects across risk types and products

- Understanding advanced modelling and validation methodologies and documentation

- Developing and executing test plans to make sure the compliance with regulatory guidelines, analyzing model weaknesses, benchmarking to external vendor models, documenting and reporting the results.

Candidate Requirement :

- Good understanding of SR11-7, different regulations, Financial Markets and Banking in the area of Risk Management; familiarity with multiple asset classes will be a plus.

- Experience in model development, model validation or stress-testing

- Should have good understanding of regulations such as BASEL 2/2.5/3, EBA, Dodd-Frank Act. CCAR etc and its implication for banks

- Good Analytical/Numerical experience demonstrated by cutting edge quantitative/statistical analysis projects and experience with statistical packages such as Python/SAS/R/Rshiny/MATLAB will be a plus

- Excellent communication skills, both written and oral