Head - Wholesale Banking Risk Analytics

About Our Client

Our client is a leading corporate and investment bank with rapid expansion of their operations in Indian market. As a part of migration of value added work from the US, UK, Europe and financial centres in APAC they are looking for an experienced professional to setup their Wholesale Banking Credit Risk analytics team from scratch.

Job Description

You would be responsible for managing the wholesale banking credit risk analytics team and your key responsibilities shall be as follows:

- Setting up the wholesale banking risk analytics team from scratch

- Development, implementation & maintenance of models of Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD) and correlations for the Wholesale Banking operations

- Managing relationship with business heads and other stakeholders across investment banking, wholesale and retail bank to support them in statistical and risk modeling

- Research and develop new model and enhancements of existing model suites to improve accuracy, timeliness, forward looking capability and responsiveness to economic environment

- Work closely with business and product management to provide value adding risk analytics solutions for the enhancement of risk-return tradeoff

- Review, monitor and back test credit risk models performance

- Work closely with the technology team to implement models into various risk systems

The Successful Applicant

- Master's degree or Ph.D. in Economics, Statistics, Financial Engineering with an emphasis on quantitative risk or valuation modeling

- At least 12 years of relevant experience of designing, developing, enhancing, and implementing risk models/analytics

- Professional credentials such as FRM, CFA, or PRM are desirable

- Extensive knowledge of credit risk modeling across investment banking or wholesale banking is a must

- Hands-on experience in all stages of model development (development, validation, tracking, monitoring, implementation) of credit risk models for corporate/commercial/wholesale/investment banking is a must

What's On Offer

An opportunity to be a part of a growing setup in an established MNC based in Delhi NCR. Excellent employee friendly work culture and global exposure along with high level of Independence in your work.