Solytics Partners - Credit Risk & Portfolio Analyst

About Us:

Solytics Partners provides Consulting and Solutions to Banking, Capital Markets, Asset Management, and Insurance firms.

We leverage combination of deep domain knowledge, advanced analytics, and technology to provide accelerated and efficient services and next generation solutions. Our team of senior consultants comes with significant global experience in key markets and advanced degrees in STEM. Our regulatory compliant solutions and services enable leading financial institutions and corporations to create and sustain competitive advantage

About the Role:

This team is responsible for functional ownership and execution for risk projects and coordinating the overall group risk changes. Also coordinates with IT, risk teams and other business and control function stakeholders, external vendors on the formulation and delivery of strategic vision for the risk infrastructure. Senior risk management professional with risk modelling and implementation experience.

Responsibilities:

- Help risk management team in risk capabilities around credit risk Modelling, Data analysis and Controls and change initiatives.

- Function as workstream lead and manage initiatives executed within the Risk infrastructure unit and Escalate Product Risks and issues to product owners.

- Understanding of Credit Risk RWA calculations and PD and LGD modelling.

- Implement risk initiatives with Risk Management groups and senior business stakeholders from Credit team, Finance,IT and Data Governance teams.

- Conceptualize and design system-based solutions to resolve process, data requirements, issue and ensure they comply with regulatory requirements.

- Document requirement gathering from the key user groups and ensure that relevant data is for the reporting.

- Ensure risk infrastructure capabilities to capture data as per requirements of regulators / internal / external auditors / management and design framework to monitor the data quality.

- Analysis of new data sourcing, fixing of data quality issues and validate all downstream data ext.

- Review and streamline systems for tracking portfolio performance like excesses, past due, early alert, and data dashboard.

- Take ownership of data to provide process and system solutions to resolve issues in data quality for credit rating process and data modeling for PD, LGD risk measures.

- Play an active role in the working group meetings to seek consensus from Business stakeholders. Actively participate as a stakeholder from Risk on data governance initiatives and other regulatory initiatives impacting Risk division

- Bring in expertise in Enterprise Data Warehouse development and maintenance encompassing various internal and external sources across various functions of the bank.

- Good understanding on topics related to Climate/model risk and associated data requirements for measurement, monitoring and reporting on the same.

- Having experience in using data tools such as Python, R, SAS, and reporting tools such as Cognos, Power BI etc.

Experience Required:

- 10+ years in financial Risk Management function or Risk Consulting

- Experience with using Risk systems.

- Experience in taking risk infrastructure, initiatives, Credit Control, and systems.

- Knowledge of latest banking regulations like Basel and accounting regulations like IFRS9

- Good knowledge of the Wholesale and retail Banking products