Model Development/Validation Role - Credit Risk/CCAR - Investment Bank

We are hiring for a leading Investment bank based at Mumbai

- Experience : 1-3 yrs in Model Development for financial Services with good SAS/SQL & Python programming skills

- Education - Masters / MBA ; in Economics, Mathematics, Statistics, Finance, Computer science From Tier 1 with good knowledge in CCAR / Credit risk Models

Role & Responsibilities :

- Develop credit risk models/CCAR models

- Development of econometric forecasting models for key Balance sheet and income statement line items for capital and business planning purposes

- Manage the model life-cycle from first-line of defense perspective and participate in Segmentation

- Involved Risk Identification, overlay discussions with Businesses and Finance teams.

- Responsible for understanding changes to quantitative requirements published by MRM in Model Testing Guidance and presenting the key changes to senior model development leads

- Contribute to model convergence initiatives as part of firms Transformation journey for different businesses.

- Responsible to explain model results to front-office