Credit & Market Risk Analytics - Investment Bank

About Our Client

Our client is a leading corporate and investment bank with rapid expansion of their operations in Indian market. As a part of migration of value added work from the US, UK, Europe and financial centres in APAC they are looking for experienced professionals to setup their Wholesale Banking Credit Risk & Market Risk analytics team from scratch. They are looking at recruiting seasoned professionals across levels.

Job Description

You would be part of the launch team responsible for setting up the wholesale banking credit risk & market risk analytics team. This function would deal with the measurement of risk and exposure for their entire portfolio. This includes credit risk for banking book, trading book and market risk. Your key responsibilities shall be as follows:

- Wholesale credit risk and traded risk model developments This would involve development, implementation & maintenance of models of Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD) their wholesale book and VaR models for the trading book

- Model validation and monitoring for credit risk and market risk.

- Managing relationship with business heads and other stakeholders across investment banking, 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

The Successful Applicant

- B.Tech/ M.Tech/ Ph.D. in Economics, Statistics, Mathematics, Financial Engineering with an emphasis on quantitative risk or valuation modeling

- At least 5+ years of relevant experience of designing, developing, enhancing, and implementing risk models across investment banking or wholesale banking is a must

- Good knowledge of Forecasting and Statistical Modeling Techniques, Market Research/ Multivariate Analysis & Tools (e.g., Factor and Cluster Analysis, Conjoint Analysis etc.) along with hands on experience across SAS & SQL.

- Professional credentials such as FRM, CFA, or PRM are desirable

- Extensive knowledge of credit risk modeling across

- 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

An opportunity to be a part of a growing setup in an established MNC based in Delhi NCR. Excellent employee friendly work culture and global exposure along with high level of Independence in your work.

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