AVP - CCAR Model Development - Bank - IIT/ISI/IIM/MDI/XLRI

AVP - CCAR Model Development

Discipline - Banking

Subsector - Analytics

Location - Mumbai

About our Client - Our client is a leading bank with a vast global footprint and strong presence in the Americas, Asia Pacific and Europe. They are known for their excellent work culture and environment. They have a strong competence in Risk Analytics, Risk Strategy and Scorecards

Job Description - Directly reporting to the VP, you will be involved in developing CCAR/ DFAST stress loss models for international unsecured portfolios and hold the following major responsibilities :

- Collect and perform the QA/ QC check on the data to be used for CCAR stress loss model development

- Develop international primary and benchmark CCAR stress loss models

- Basic model validation by performing standard tests like sensitivity, volatility and accuracy etcetera

- Interact with the regulatory constituents and deliver presentations

The Successful Candidate - As a Successful Candidate, you will:

- Have a Masters Degree in Statistics/ Economics/ Management from a top tier institution like the IITs/ISI/ IIMs/ MDI/ XLRI etcetera

- 7+ years of experience in developing loss forecasting models of credit risk stress losses, preferably for unstructured products within the credit card and loans sector

- Previous experience in econometric modeling-driven stress loss analytics

- Experience in LookAhead - Dual Time Dynamics (Interthinx) will be a strong plus

What's on Offer :

- This is an excellent opportunity to work in a senior role with a worldwide leader in the Risk Analytics and Strategy space. The organization consistently features as one of the best places to work for globally. The chance to grow and develop is immense and international mobility is also encouraged for the right candidate.

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