AVP/Lead AVP - Decision Sciences/Analytics - Retail Risk Management

Department Analytics - Decision Sciences

Role Title: AVP/ Lead AVP, Decision Sciences

Reporting To: VP-Analytics

Location: Kolkata

Role Purpose (overall high level summary of the role)

- Modeling is one of the key functional areas within Retail Risk Management. This function owns the development and management of Basel2/ BAU models for within group.

- This role applies to the Decision Science job family and would encompass development/ management of models (BAU/ Basel 2) in accordance to the strategic direction of the Business area

- This role requires the incumbent to plan and execute the assigned projects/ analysis as per the agreed timelines and with accuracy and quality. This position involves direct people management (around 4 member team) responsibility along with project management responsibility

- Exposure/ knowledge of machine learning domain would be preferred

Principal Accountabilities Key activities areas

Projects & Analysis - Good understanding of business domain, functional goals, and the required technical expertise

- In-depth understanding and prior experience in Basel model development for retail business line

- Sees the 'bigger picture' and assesses relationships between recommended analytical solutions / projects and business performance.

- Makes decisions, even with ambiguous /incomplete data at a pace that balances the need for further analysis and the need for timely decision given business pressures / requirements.

Service Delivery - Ensure delivery of high quality analytical solutions for the existing clients / engagements.

- Support to develop a consulting culture within team that seeks out opportunities to expand & deepen relationships with existing clients

- Partner with functional business leaders in developing analytical strategies / decision making to achieve a higher value.

- Ensure customer satisfaction on all deliverables

- Translate key analytical solutions as generic and re-deployable across regions / countries

Operational Effectiveness & Control

- Ensure team's business delivery, system accesses, enforcement of compliance & business policies and people performance

- Support and execute cost improvement strategies

Leadership & Teamwork

- Manage a team of 3- 4 members and work towards enabling their learning, project execution capability, career aspiration and other developmental areas

- Develop and maintain relationships and work well with all levels of management.

- Inspire trust & credibility among team members, business clients and other stakeholders through highest level of personal integrity, and ethical behavior

- Support to develop a culture committed to the delivery of outstanding customer service and healthy, open, transparent, honest team environment.

- Supports diversity and adapts style and language according to the demands of the situation.

- Encourages the sharing of knowledge and information across teams and leverages from experience and learning from others

- Ability to influence and negotiate across all levels for mutually positive outcome

- Provides relevant training, development opportunity to team members

- Collaborates well across different functional areas

Problem Solving & Innovative Thinking - Provides actionable analytical solutions for business problems.

- Leverages external / internal information while providing business solutions.

- Supports innovative analytical thinking & solutions that results into improved business performance

Education / Relevant Experience / Other Qualifications

1. Bachelor's degree in mathematics/ statistics/ economics or equivalent; Masters degree is preferred

2. At least 8 years of relevant experience in banking analytics, preferably in the fields like Modeling, Credit Risk Strategy Development, Loss Forecasting etc.

3. Excellent communication skills with technical (the team) and non-technical (senior entity management in region) counterparts; being able to "translate" between the two worlds is the major thing in the day to day work.

4. Strong analytical skills with an ability to grasp new concepts quickly.

5. Good organizational, analytical, problem-solving and verbal and written communication skills.

6. Prior experience with modeling, strategy analysis and portfolio management would be preferred.

7. Prior experience in managing risk activities in retail lending is essential.