Lead AVP - CCAR - Secured Model Development - Bank

Discipline - Banking

Subsector - Analytics

Location - Mumbai

About our Client - Our clients is one of the largest global Banks with demonstrated strengths across Corporate Banking, Consumer Banking and Investment Banking. They are looking for a Lead AVP- CCAR Secured Model Development responsible for designing modules for advanced scorecard development and analytical tools.

Job Description - As a Lead AVP, you would be responsible for Developing CCAR/DFAST stress loss models for international unsecured (e.g., credit cards, charge cards, installment loans, check-driven lines of credit, ready credit, overdraft protection lines)

- Obtain and QA/QC all data required for CCAR stress loss model development

- Build international primary CCAR stress loss models (e.g., Interthix, account-level PD models)

- Build international benchmark CCAR stress loss models (e.g. segmented econometric models)

- Perform all required tests and measures of developed models (e.g., sensitivity, accuracy, volatility)

- Recalibrate all models annually to incorporate latest data

The Successful Candidate - As a successful applicant, you need to have:

- Advanced Degree (Bachelors required, Masters preferred) in Statistics, Applied Mathematics, Operations Research, Statistics, Economics

- 0-2+ years experience in performing quantitative analysis, statistical modeling, loss forecasting, loan loss reserve modeling, and particularly econometric modeling of consumer credit risk stress losses (e.g., CCAR/DFAST)

What's on Offer - The role gives the candidate a chance to work in the marketing analytics functions for one of the largest credit card issuer in the world. The individual would form part of the Leadership team and responsible for contributing towards the vision of the organization.

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