Vice President - Credit Analytics - Investment Bank

Vice President - Credit Risk Management

We have an Urgent requirement with a leading Investment Bank.

Credit Scenarios and Stress Testing (CSST) team in Mumbai is part of the global CRM- Credit Analytics team. The primary role of the team is to measure and verify counterparty credit risk in several market shocks including primary single-factor, multi-factor and supervisory stress scenarios.

The objective of the role is to lead the CSST- Mumbai and as a subject matter expert provide necessary direction and support to ensure the deliverables are met timely while maintaining the Company standards. This would require working closely with the colleagues in London and NY to support changes/enhancements to the CSST framework and additionally support credit stress testing reports for regulators as well as credit officers.

Key Deliverables :

Book of Work :

- Ensure delivery of high quality quant analysis and business support to CRM and FO at transaction and portfolio level

- Collaborate with stake-holders in rolling out the changes/enhancements in line with Credit Analytics roadmap and key change initiatives.

- Ensure that the external audit and regulatory commitments are met within agreed timelines.

- Ensure appropriate stakeholder management by pro-active communication of upcoming changes

- Timely response to all business requests from CRM and other stakeholders

Developing conceptual and operational understanding :

- Understand the existing processes and systems (and interdependencies)

- Ability to map these to existing infrastructure (people & processes) in Credit Analytics and various strategic initiatives / projects taken within the group

- Take initiatives to share knowledge with the team and promote cross team KTs

- Using this knowledge to improve existing systems/processes

Managing and Mentoring Team :

- Pro-active team management and development

- Ensure resources - systems/processes/people are organized effectively and efficiently

- Develop and inculcate healthy and collaborative work environment

- Team is properly trained, knowledge sharing established and working together productively

Qualifications/ competencies :

Should have experience with the following :

- OTC Derivatives (At least one asset class), Secured Financing Transactions

- Pricing models

- Computation of risk metrics (e.g VaR, EPE, PFE, RWA, Greeks)

- Prior exposure to stress testing methodology and reports

- Good MS Access skills

- Good VBA & SQL knowledge

- MBA/Analytical/Numerical degree

- Should have knowledge of basic programming, algorithm.

- Knowledge of risk mitigation practices and experience with Basel II/III initiatives would be considered advantageous.

- Being responsible for deliverables.

- Good Communication skills.

- Highly Detail Oriented.

- Team management experience.

Exposure to the latest in credit risk and regulatory requirements across all major global regulators

Collaboration with credit risk methodology teams in London, Zurich and New York