Senior Lead - BFSI Risk Solutions & Analytics - Credit Rating Agency

We have been mandated by a leading credit rating agency in India for the below mentioned position.

Position: Senior Lead - BFS Risk Solution & Analytics

Location: Mumbai

Experience: 12+ Years

Education: MBA/PGDM, FRM (optional)

The company provides solutions, analytical tools and consulting in risk management for financial institutions. It has designed and implemented risk management strategy and policies for multiple scheduled commercial banks including both PSU and private sector banks, NBFCs, and HFCs. The frameworks, solutions and tools in Credit Risk, Market Risk, Operational Risk and Risk Based Internal Audit help make clients compliant with existing regulatory guidelines.

The key responsibilities will include the following:

1. Banking and Risk Management:

- Lead and execute projects along with cross functional team to implement our solutions in BFSI segment.

- The candidate would play a leading role in spearheading client engagements for execution of Risk Management assignments, ensuring strong project management and high-quality delivery to client.

- He/ She would be handling client engagements, growing the business in Banking and Risk Management by engaging with bankers, regulators, and other stakeholders to ensure that IAL has a leadership position in the Risk Management domain.

- He/ She would also be responsible for ensuring that IAL has an edge on knowledge and technology which are necessary for establishing its presence in this sector..

- Lead and collaborate on market research for new product identification aligned with changes in regulatory landscape and technological advancement.

- He/ she should be able to develop and implement risk-based frameworks for diverse business needs.

2. Managing Integration of Acquisitions in Risk and Analytics domain:

Managing and contributing towards creating a structured plan to scale up the business post integration to ensure that emerging areas of risk management are covered by IALs offerings. He/She would be responsible for fostering a culture of excellence in line with Group ICRA Values.

Preferred Skills:

- Minimum 12 +years of experience in Risk Management Consulting for Banks, NBFC and HFCs. - Should have successfully led teams handling Risk Management Consulting assignments in PSU and Private sector Banks as well as in NBFCs and HFCs for minimum of 5+years

- Strong understanding of regulatory guidelines on Risk Management of Banks, NBFCs and HFCs in India and internationally.

- Strong Project management skills , ability to collaborate effectively with cross functional teams, and delivering on complex projects.

- Understanding of emerging Technologies is desirable.

- Excellent client management skills

- Fitment would be done based on internal parity and candidates interview performance.

- Excellent verbal and written communication skills

Preferred Technical Skills:

a) Drafting Credit Risk policy

b) Risk Management framework as per Basel.

c) Regulatory Risk

d) Model Validation & development.

e) Credit Risk Modelling including Analytics models and PD, LGD models.

f) ICAAP Compliance

g) Stress Testing

h) Certification in project management is desirable.