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17/01 HR
HR at Michael Page

Views:2737 Applications:48 Rec. Actions:Recruiter Actions:0

AVP - Wholesale Risk Modeling - Bank - IIT/ISI/DSE (6-11 yrs)

Bangalore Job Code: 188396

Discipline : Banking

Subsector : Analytics

Location :- Bangalore

About our Client: Our client is one of the largest Global Banks with demonstrated strengths in both Commercial and Retail Banking. They are in the process of growing their Wholesale Risk Analytics function in Bangalore and are looking to hire specialists in the Wholesale Risk Modeling with demonstrated leadership capabilities

Job Description : Reporting into the Vice President, your key responsibilities shall be:

- Development & maintenance of models of Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD) and correlations for the Wholesale Banking portfolio

- Develop model code and support model testing prior to deployment in the group's strategic risk model system

- Perform statistical regression analysis in designing, estimating and monitoring model performance

- Submitting and presenting model annual review and implementation proposals to divisional and group wholesale credit model committees for approval

- Ensuring that the review, validation, recalibration and implementation of each model is completed in accordance with the team's detailed work plan

- Ensuring that all model related work meets regulatory requirements and internal policy standards

- Manage a team of Specialist Risk Modelers while working on Projects

- Managing relationship with business heads and other stakeholders across the wholesale and retail bank to support them in statistical and risk modeling

- Research and develop new model and enhancements of existing model suites to improve accuracy, timeliness, forward looking capability and responsiveness to economic environment

- Work closely with business and product management to provide value adding risk analytics solutions for the enhancement of risk-return tradeoff

- Review, monitor and back test credit risk models performance

The Successful Candidate:

- Bachelors/Masters/Ph.D. in Economics, Statistics, Financial Engineering from a Tier 1 Institute like IITs, ISI, DSE etcetera

- At least 6 years of relevant experience of designing, developing, enhancing, and implementing credit risk models/analytics

- Extensive knowledge of credit risk modelling across investment banking or wholesale banking is a must along with excellent knowledge of SAS

- Hands-on experience in all stages of model development (development, validation, tracking, monitoring, implementation) of credit risk models for corporate/commercial/wholesale/investment banking is a must

What's on Offer: Excellent Opportunity to work in Advanced Analytics in a Risk Modeling role with one of the largest Global Banks. The organization is known to encourage Work Life Balance and promotes International Mobility

The Apply Button will redirect you to Michael Page's website. Please apply there as well.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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