Industry : Financial Services  Skills : Risk analytics, stress testing, credit risk, ICAAP, LGD, PD, EAD, modelling, modeling, ccar  Job Type : Permanent   Description : Exciting opportunity to be part of a Middle Eastern Bank that has recently established operations in Mumbai  Client Details :  - Our client is a leading Middle Eastern Bank with demonstrated strengths in both Commercial and Retail Banking.   - They are in the process of setting/growing their Retail Risk Analytics function and are looking to hire a seasoned risk analytics professional having solid experience in stress testing and credit risk modeling. You would start as an individual contributor and later build a team around him.  Job Description :  Reporting into the Risk Head, you would be responsible for the following :  External Stress Testing :  - Develop macroeconomic models to define stress scenarios (ICAAP, etc)  - Update macroeconomic models periodically to align with the current economic conditions and the Bank's portfolio  - Understand the stress testing regulatory requirements of the geographies the Bank operates in  - Understand and implement the latest stress testing methodologies to ensure the Bank is prepared for economic downturns and associated events  - Calculate the incremental capital charge required for Pillar 2 disclosures  Internal Stress Testing :  - Identify vulnerable/ risky portfolios to determine the frequency and scale of stress tests to be conducted  - Perform stress tests on different portfolios and assess the impact on, among other things, the Bank's capital adequacy, leverage and profitability  - Report the results of the periodic/ ad-hoc stress testing exercises in a timely and comprehensible manner to the senior management  - Formulate corrective management actions based on the outcome of the stress tests  Credit Risk Modeling :  - Support the development of credit risk models by performing data analysis and statistical methods (regression, decision trees etc.)  - Refinement of analytical framework for risk-based pricing  - Assist in periodic monitoring of model performance parameters  - Assist the HO team in data analysis and developing analytical methods for risk limits, such as industry and country.  Profile :  As a successful applicant you need to possess the following :  - Have a Bachelors/Masters Degree in a Quantitative Discipline from a top Tier Institute like the IITs, ISI and IIMs  - Have 6+ years of demonstrated experience in risk analytics with solid exposure in the credit risk stress testing domain (ICAAP)  - Have expert knowledge of credit risk analytics and Core Banking Systems  - Possess advanced Statistical Skills and be hands on with SAS, SQL etc.  - Be open to working as an individual contributor in a hands-on role  Job Offer :  - Excellent Opportunity to work within a leadership role with one of the largest Global Banks. The organization is known to encourage work life balance and promotes international mobility.  Contact - Karan Madhok  The Apply Button will redirect you to website. Please apply there as well.

Mumbai

Credit Risk Stress Testing & Risk Analytics - Bank - IIT/IIM/ISI 

Credit Risk Stress Testing & Risk Analytics - Bank - IIT/IIM/ISI  ,Job Description for Credit Risk Stress Testing & Risk Analytics - Bank - IIT/IIM/ISI  in Michael Page in  Mumbai for (6-9) years of experience. Apply Now!

Job Description for Credit Risk Stress Testing & Risk Analytics - Bank - IIT/IIM/ISI  in Michael Page in  Mumbai for (6-9) years of experience. Apply Now!