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29/03 Pranavi
Director at Enrich & Enlight Business consulting Pvt Ltd

Views:1910 Applications:35 Rec. Actions:Recruiter Actions:1

AVP - Credit Model Development - BFS (10-15 yrs)

Hyderabad Job Code: 680700

Role Summary/Purpose:

A critical new role AVP, Credit Model Development, will be responsible for providing the thought leadership and analytical/quantitative input to develop, document, implement and monitor the build of complex consumer credit risk loss forecasting, reserve and capital models in adherence to SR11- 7 guidelines. This successful candidate will use their business analysis, process, and quantitative knowledge to mentor the junior analysts while managing multiple initiatives and deliver results within deadlines and with a focus on accuracy and attention to detail. In addition to responsibilities on individual modeling projects this role will be expected to work on ad- hoc projects as needed. Communicating these to leadership is essential.

This is a great opportunity for a modeler/statistician/data analyst/programmer with experience in consumer credit analysis. We offer a dynamic, collaborative team environment with a strong credit risk management culture.

Essential Functions / Responsibilities:

- Lead the development of ALLL, Loss Forecasting, Stress Testing, Capital Planning and CECL models using SAS/Python or R in collaboration with the on-shore team

- Perform in depth analysis on large data sets, and prepare analysis and reports to support discussions on key analytics and model risks

- Support building and enhancing procedures and model documentation in compliance with regulatory guidance as well as the Bank's model risk policy

- Support implementation and monitoring of ALLL and capital stress testing models

- Develop alternative predictive methodologies / tools to better identify credit dynamics in portfolio performance

- Proactively manage strong working relationships to maintain on-shore stakeholder satisfaction

- Assist in analyzing the current and future model landscape, technologies, data frameworks and implementation platforms in line with internal as well as industry best practices

- Develop and execute initiatives such as conducting applicable research and implementing industry best practices in modeling methodologies and management of model risk

- Maintain current/develop new analytical reports and presentations for senior management, executive committees and regulatory exams

- Perform other duties and/or special projects as assigned

Qualifications / Requirements :


- M.S. / PhD degree with quantitative underpinning (i.e., Risk, Economics, Finance, Mathematics, Statistics, Engineering)

- 10+ years of experience in Risk, Credit, Finance or other relevant professional experience

- 5+ years- experience in an analytical/quantitative role related to consumer lending

- 3-5 years- experience developing ALLL, loss forecasting, stress testing or credit models

Technical Skills

- Credit card modeling/analytics experience

- Proven hands-on experience utilizing SAS or SQL data mining skills as well as open-source tools such as R and Python.

- Advanced analytics using Excel/VBA, strong PowerPoint and documentation skills

Desired Qualifications :


- Problem solving skills: Strong ability to rapidly learn the intricacies of an unfamiliar process, structure and scope complex problems, apply a range of analytical tools, gain and synthesize insights, and develop actionable recommendations

- Experience building/reviewing champion/challenger credit and risk models for consumer loss forecasting

- Comfort with Data and Technology: Prior experience functioning in roles and functions that are highly data-driven and require understanding of data models, process flows, and technology architecture as related to business requirements, including comfort interacting with internal technology teams

- Knowledge of external environment, industry/competitor profiles, and common macro-economic indicators and correlations

Soft skills

- Ability to manage multiple competing initiatives and deliver results within deadlines and with a focus on accuracy and attention to detail

- Client management and teamwork skills: Strong partnership skills and experience (at least 3-5 years) managing relationships across multiple teams of people

- Communication and influence skills: Excellent communication and influencing skills to coordinate with multiple functional areas

- Documentation skills: Demonstrated ability in documenting controls and procedures

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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