Assistant Manager/Manager - Risk Modeling - SAS/R/Python

Business/ Dept.

Objectives: Positions within Global Consumer Risk Management for model development for the secured portfolio

Core Responsibilities: This position within Global Consumer Banking will develop models for secured portfolios (e.g., Home Equity, Mortgage etc.). The responsibility includes but not limited to the following activities:

- Obtain and conduct QA/QC on all data required for model development

- Develop custom credit risk models and oversee vendor credit risk models

- Maintain Model Inventory

- Ensure all model limitations have compensating controls

- Review model inputs/outputs for accuracy

- Monitor ongoing model performance (MIS)

- Ensure compliance of modeling activities with applicable Policies and Regulatory Guidance

- Revalidate/redevelop all models as needed

- Deliver comprehensive model documentation

- Work closely with cross functional teams, including country/region's business stakeholders, model validation and governance teams, and model implementation team

- Prepare responses/presentations for independent validators

Education: Advanced Degree (Masters required or PhD preferred) in Statistics, Mathematics, Operations Research, Economics, Quantitative Finance etc. MBA s should apply only if they are interested in career in specialized quantitative risk management discipline.

Skillset - Role involves strong programming (SAS, SQL, R, Matlab etc)

- Proficient in MS Excel , PowerPoint

- Quantitative analytical skills (regression, time series, decision tree, linear/nonlinear optimization etc)

- 2 - 9 years analytic experience

- Strong understanding of Mortgage products with exposure to the US market.

- In depth understanding of Risk Management across customer life cycle. Understanding of credit Risk Policy for secured products

- Experience in performing quantitative analysis, statistical modeling - Traditional and Machine Learning

- Experience in end-to-end modeling process (data collection, data integrity QA/QC/reconcilements, pre-processing, segmentation, variable transformation, variable selection, model estimation, performance testing, model documentation, & model production implementation)

- At least 2 years' experience in credit scorecard development

- At least 1 years' Experience in working for developed markets (US/international)

- Manage projects independently

- Ability to manage work in cross functional teams, including country/region's business stakeholders, model validation and governance teams, and model implementation team

- Present model results with over-sight for approvals

- Good communication skill to communicate technical information verbally and in writing to both technical, non-technical and senior audiences