Manager/AVP/VP - Core Modelling - Investment Bank

We Have job opening with one of the leading Investment bank

Designation : Manager

Experience : 4 to 6 - Mumbai/Bangalore Core Modeling (Cards/Auto/Fraud/Capital Modeling)

Designation : AVP

Experience: 6 to 10 - Bangalore Core Modeling (Cards/Capital Modeling)

Designation : VP

Experience: 10 to 16 - Bangalore/Mumbai Core Modeling (Auto/BB/Capital Modeling)

Job Details

The Core Modeling Associate will develop consumer credit risk models in support of a portfolio of consumer financial service businesses, including consumer banking, business banking, mortgage banking, auto finance, student lending. The candidate will provide thought leadership and the needed technical expertise to deliver sophisticated stochastic and statistical models needed for loss and revenue forecasting, acquisition, collections, and financial crimes prevention and detection.

Main duties for the core modeler are:

- Developing new risk models to help the Bank to improve risk management and to satisfy regulatory requirements

- Continuously improving risk modeling tools and methods by enhancing data, including new risk characteristics and developing new algorithms.

- Documenting and communicating modeling processes and model results to business, senior management, and internal/external independent review staff.

- PhD./ Master's degree in Mathematics, Statistics, Economics, Computer Science, or related fields

- Expert in generalized linear models, unsupervised and supervised machine learning algorithms

- Demonstrated experience with Big Data tools like Hadoop & Spark

- Demonstrated proficiency in advanced analytical languages such as R, Python, Scala, SAS

- Experience with traditional database/system languages (e.g. SAS, SQL, etc.) to collaborate with other data analysts/systems

- Experience with implementing scalable machine learning/data mining algorithms making use of distributed/parallel processing

- Good years of experience in Model development for Financial Services.