Associate - Wholesale Stress Testing Model Development - Investment Banking - IIT/IIM/ISI

Discipline: Banking

Sub sector: Analytics

Location: Delhi NCR

About our Client :

Our client is a leading financial services organization across the globe. With 60+ offices in more than 20 countries they are a world leader in providing risk based solution to leading organizations across the globe.

As their business in India is expanding, and are looking for a professional to help achieve their expansion plans.

Job Description:

- Reporting into the Head of Stress Testing Model Development, you shall be part of a newly created team and your key responsibilities shall include:

- Implementing the development of stress testing models framework for the Banks lending portfolio

- Implementing sector and industry risk assessment methodologies and quantitative measurement techniques for banking book exposures.

- Implement actions to align stress testing model development plans with the overall plan for effective architecture inline with regulatory framework enhancements.

- Support the design, implementation and training of Quantitative Data, forecasting models and calculation engines integrated in a consistent manner

- Ensuring models are consistently applied and used for planning and forecasting at both business and Enterprise-wide Delivering the stress testing model policy and standards, documentation and training.

- Work in close collaboration with the Stress Testing Execution team to implement stress test model requirements and standards to meet prescribed methodologies from regulators.

- Delivering Stress Testing Model Development across all functions and disciplines as required, across Retail, CCR, PBIL, Securitization, with primary focus on Wholesale

The Successful Candidate:

- You are a Master's in Statistics / Economics/ B. Tech from a Tier 1 institution (IIT's, IIM's, ISI) with minimum 5 years of relevant experience

- Excellent knowledge of wholesale stress testing and cross-risk disciplines (Market Risk, Operational Risk, etc.) along with significant knowledge of stress testing methodologies

- Deep understanding of external regulations and their impact on Regulatory Capital methodologies and business portfolios of the bank

- Detailed understanding of Basel concepts of PD, LGD and EAD and methods of forecasting these using Basel models

- Proven ability to create working prototypes of models in environments such as Excel VBA, Matlab, SAS or equivalent

What's on Offer: Excellent work life balance in a very meritocratic culture with leading MNC. This role would offer you variation, stability and career progression in addition to a highly competitive compensation

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