FICO - Analytics Consulting - Consultant I/II - IFRS

Role

The Analytics team at FICO's Global Delivery Center in Bangalore provides consulting services to leading banks, financial institutions, and telecom providers across Asia-Pacific, EMEA, and Americas. The team works on a wide variety of projects across scorecard and strategy development, optimization, and regulatory compliance using the latest tools & techniques.

The role involves working closely with clients and internal teams to deliver high quality, end-to-end analytical solutions that create strong business impact.

Responsibilities

- Design and develop PD, LGD, and EAD models using appropriate methodologies as per local regulatory requirements

- Perform required analysis of Long Run Average and Downturn Estimates to ensure values are accurate and stable over time

- Identify gaps in existing data, models, policies, and processes between an institution's current state and what is required by IASB's new standard IFRS9

- Execute modifications to modeling & reporting for loss provisions, to be compliant with IFRS9

- Conduct detailed knowledge transfer to ensure clients understand methodologies used to produce estimates and can perform ongoing validation of the models

- Work simultaneously on a number of different projects of varying length and complexity

- Proactively manage effort to increase client satisfaction and maximize revenue

Desired Skills and Experience

- Advanced degree in mathematics, statistics, physics, engineering or similar technical field with relevant course work in probability, statistics and quantitative methods

- 2-7 years of core analytical experience

- Hands-on experience with building models/ scoring algorithms using SAS/SPSS, R, or FICO Model Builder (preferred)

- Should have developed PD/ EAD/ LGD models, run RWA capital calculations, and be fully conversant with the Basel regulatory guidelines

- Direct involvement in Basel model presentations to regulators and working on IAS39 to IFRS9 transitions would be an added plus

- Strong command of language with ability to communicate persuasively and effectively

Personal Characteristics

- Highly-driven and results focused. Willing to stretch to meet tight timelines.

- Cares deeply about quality of output and invests time and energy to ensure deliverables meet/ exceed client expectations

- Strong team player with ability to collaborate effectively across geographies/ time zones

- Willing to travel (up to 50% of time)

About FICO

Headquartered in Silicon Valley USA, FICO- (NYSE:FICO) delivers superior predictive analytics that drive smarter decisions. Our groundbreaking use of mathematics to predict consumer behavior has transformed entire industries and revolutionized the way risk is managed and products are marketed.

FICO's innovative solutions include the FICO(R) Score - the standard measure of consumer credit risk in the United States - along with industry-leading solutions for managing credit accounts, identifying and minimizing the impact of fraud, and customizing consumer offers with pinpoint accuracy.

Most of the world's top banks, as well as leading insurers, retailers, pharma businesses and government agencies rely on FICO solutions to accelerate growth, control risk, boost profits, and meet regulatory and competitive demands.

FICO also helps millions of individuals manage their personal credit health through www.myFICO.com.

Learn more about FICO at www.fico.com