AVP - Regulatory & Risk Analytics - Wholesale Banking

AVP Regulatory & Risk Analytics (Wholesale Credit & Market Risk Analytics).

Description of Role:

- Provide support to various business groups and functions and the job involves data analysis, model design, validation and calibration of credit, market and operational risk models. It also feeds into strategy development and implementation, reporting and data management. It forms the information basis for strategic planning by the senior management for businesses and enables effective decision making to satisfy business needs and requirements along with addressing unforeseen challenges.

- Regulatory and Risk Analytics team is a dedicated wing for serving wholesale credit and market risk function for North America region. The overall objective is to improve risk management by providing analytics-based measures of risk for wholesale and trading books.

- This role will be responsible for leading the offshore model development and analysis performed on the Wholesale Credit and Traded Risk models. This will require close co-ordination with the Region Heads of Wholesale Credit and Traded Risk model development.

Role Purpose:

- With the ever increasing demands seen from regulators on model governance and to ensure adherence to best practices it is necessary to have clearly articulated model development guidelines and standards and ensure adherence to the same

- With the increasing intensity of model scrutiny for performance and suitability, the model development team focuses on the methodology and technical aspects of all models. This role is responsible for supporting the development and maintenance of models and methodologies for wholesale credit risk measurement with a team of analysts and managers.

- Lead model, policy and systems development projects globally to harmonize and coordinate with regional activities.

- Engage with credit and businesses to manage model risk.

Qualifications:

- At least Masters in any of the following fields:-

- Economics

- Engineering (or B-tech with relevance experience)

- Stats/Maths

- MS / MBA in Finance

Experience:

- Around 10 years of professional experience in financial services

- Prior experience in Risk Analytics / Model Development and validation in wholesale credit and (or) traded risk domain

- Understanding of regulatory implications and relevance

- Management of project teams, both direct and matrix

Skills:

- Highly focused on project delivery, attention to detail

- Excellent written and verbal communication skills

- Strong collaborative, influencing and team building skills

- Strong analytical and problem solving skills, open minded, flexible, pragmatic

- Good estimating and planning skills

- Able to progress multiple projects across wholesale credit, traded credit and market risk functions at the same time

- Strong financial management and budget control skills

- Enthusiastic, displaying energy, drive and stamina

- Willing to work with colleagues in other areas/timezones where appropriate

- Strong knowledge of wholesale credit business and wholesale credit products as well as Basel 2 and Basel 3 framework

- Open personality and effective communication skills, ability and flexibility to work in an international team

- Ability to write clear and understandable documents.

Interested candidates can call @ 040-40101210/11.