Rating Model Manager - Financial Institution

Job Title: Rating Model Manager

Years of Experience: 2-4 years of relevant experience in banks or large financial institutions

Location: Mumbai

Qualifications:

- MBA in Finance, preferably with a graduation in a quantitative background or Chartered Accountant

- Should have studied Statistics at the undergraduate/graduate level

Essential Skills:

a) Experience in developing and implementing rating model hosting solutions, with preference given to those with prior experience in CRISIL RAM/ICON

b) Proficiency in Rating Model Documentation

c) Ability to manage models/scorecards used for credit origination

d) Strong Project Management and Report Writing skills

Desirable/Good to Have:

- Professional certifications such as FRM (Financial Risk Manager)

- Hands-on experience in developing rating models/scorecards

- Proficiency in data analytics tools such as Python or R

- Quality Assurance and Validation: Ensuring the accuracy and reliability of rating models through rigorous quality assurance and validation processes.

- Risk Assessment and Mitigation: Identifying potential risks associated with rating models and implementing strategies to mitigate these risks effectively.

- Collaborative Team Player: Working collaboratively with cross-functional teams to integrate rating models seamlessly into credit origination processes and achieve organizational objectives.