Associate - Risk Modeling - BFSI

Job opportunity with reputed MNC in Core modeling for an Associate level at Bangalore

- Designing, developing, implementing, and validating statistical models/ segmentations/strategies for CCB risk, providing analytic support and developing new criteria and/or strategies for CCB credit risk management.

- The responsibilities include compiling appropriate data, applying multidimensional data aggregation, performing profile analysis and evaluating impacts using optimization and/or classification algorithms.

- Analyze and interpret financial data using SAS and other statistical software in UNIX environment.

- Partner with internal teams to implement models/segments/tools into the system and to support business execution and/or analytics on revenue growth and loss control will be responsible.

- Provide and present model results, insights and recommendations to senior management and partners using MS Office (i.e. PowerPoint, Word, and Excel).

Required Qualifications:

- Minimum of 7+ years of relevant analytics/modeling experience. Financial industry experience in credit card / debit card.

- Advanced degree (master's or above) in a quantitative subject, such as Mathematics, Operations Research, Statistics, Economics or Finance.

- Must have in-depth knowledge in applying regression methods, classification/decision tree algorithms, sequencing/association tools, pattern recognition and/or other fraud detection techniques for credit risk management decisions.

- Strong data handling, interpretive, and problem-solving skills with the ability to process large volume of data and efficiently derive actionable results taking into consideration operational aspects and risk impacts

- Experience in SAS and SQL in UNIX environment, database such as ORACLE/TERADATA

- Excellent interpersonal and communication skills (both written and oral) are required, as the candidate will collaborate in a project-oriented environment in a matrix set up and present results to internal business clients and senior management.

- The candidate should possess an understanding of the risk management practices of consumer lenders

- The candidate should be able to handle projects with a minimum of oversight and supervision and should be able to make contributions to the group's knowledge base by proposing new and valuable ways for approaching problems and projects.