Consultant - Credit Risk Modelling

Job Title: Credit Risk Modelling Consultant

Location: Bangalore / Mumbai (Hybrid)

Employment Type: Contract

Industry: Banking & Financial Services

Experience Required: 8+ Years

About the Role :

We are looking for a highly skilled Credit Risk Modelling Consultant to join our banking client on a contract basis. The ideal candidate will be a subject matter expert in credit risk with strong experience in model development, validation, and regulatory frameworks such as Basel and IFRS 9.

Key Responsibilities :

- Develop, validate, and maintain PD, LGD, and EAD models

- Build and enhance internal rating models and scorecards (A-Card/B-Card)

- Conduct stress testing, back testing, benchmarking, and sensitivity analysis

- Design and implement Early Warning Systems (EWS)

- Monitor and manage credit portfolio risk and concentration risk

- Define and track credit risk limits

- Support ICAAP processes and regulatory reporting

- Ensure adherence to risk governance, audit, and compliance standards

- Collaborate with stakeholders across risk, finance, and business teams

Core Skills & Expertise :

Credit Risk Modelling : PD, LGD, EAD, Scorecards, Internal Ratings

Risk Frameworks : Stress Testing, ICAAP, Model Validation

- Portfolio Risk Management & Credit Analytics

- Regulatory Knowledge

Strong understanding of:

- Basel II / III / IV

- IFRS 9

- Risk Governance & Compliance

- Analytical & Technical Skills

Statistical Techniques:

- Logistic Regression

- Survival Analysis

- Decision Trees

- Machine Learning

- Time Series Analysis

- Model Calibration

- Programming & Tools:

- Python, SQL, Excel/VBA

- Platforms & Tools Experience

- OFSAA

- SAS Credit Risk

- Moody's Analytics

- FIS Risk Solutions

- Experian

- Banking Domain Experience

- Corporate Banking

- Retail Banking

- SME Banking

Eligibility Criteria :

- 7+ years of experience in Risk Modelling

- 5+ years of hands-on experience with Python

- Minimum 1+ year in Credit Risk Management

Ideal Candidate Profile :

- Strong quantitative and analytical mindset

- Proven experience in model development, validation, and implementation

- Deep understanding of Basel & IFRS 9 frameworks

- Excellent stakeholder management and communication skills

- Ability to work in a fast-paced, consulting-driven environment