Manager - Model Development - BFSI

Role and Responsibilities:

Core Responsibilities:

- The position will partner with Cards Risk Management policy and provide Model Governance/Validation/Documentation related support for the development, maintenance, validation, and other management of Non Scoring risk models used across all portfolios

- Has knowledge and expertise to ensure proper ongoing management of Non Scoring risk models, including but not limited to documentation and validation of the models

- Provide support in efficient delivery against requirements set forth by internal Risk oversight group as well as external regulators

- Interacts, communicates effectively and builds strong working relationship on an ongoing basis with business partners

Day-to-Day Responsibilities:

- Ensures efficient delivery against requirements set forth by internal Risk oversight group as well as external regulators on non-scoring model validation, documentation and governance

- Driving adoption of best practices to different portfolio risk teams with specific focus on segmentation model validation, governance and documentation

- Work closely with the credit risk policy teams in any of the following areas - authorizations, underwriting, existing customer management, collections and fraud to develop best in class segmentation/non- scoring models and help validate and document the models

- Interact, communicate effectively with business partners on model policy, model approval process and its requirements both during day-to-day interaction and through formal training

- Develop training programs to share modeling best practices with the broader risk management community

- Must have capability to clearly communicate analyses. Presentations to both technical and non-technical personnel are required to be made frequently as part of the job

- Ability to work efficiently in a matrix environment balancing between both business and functional interactions and priorities

Key Deliverables:

- Ongoing validation and documentation of segmentation/non-scoring models across portfolios and credit lifecycle

- Ongoing dialogue with portfolio risk teams to drive adoption of best practices around segmentation models

- Ensure efficient and quality delivery against requirements set forth by risk oversight team and regulators

- Exploring and implementing alternate modeling/segmentation techniques

Qualifications:

Required:

Education:

- Masters or Doctoral degree with a specialization in Statistics, Mathematics, or other quantitative discipline

Experience:

- 5+ years- work experience required

Skills:

- Experienced in developing, implementing and monitoring credit strategies or scoring models across authorizations, underwriting, existing customer management and collections

- Good programming skills in advanced SAS, SQL, Knowledge Studio, SAS E-miner in mainframe, UNIX and PC environments

- Highly proficient in Excel/pivot tables and PowerPoint

Other:

- Exposure to project/process management

- Strong communication and presentation skills targeting a variety of audiences

- A qualified candidate needs to be able to work with cross functional teams

- Flexibility in approach and thought process

- Ability to work effectively across portfolio risk policy teams and functional areas teams

- Strong influencing and facilitation skills

- Analytical mindset

Preferred Skills:

- Knowledge on Credit Scoring Models, Comprehensive Capital Analysis and Review (- CCAR- ) and Dodd-Frank Act Stress Testing (- DFAST- ) regulations