Consultant/Senior Consultant/Manager/Senior Manager - Credit Risk Modeling

There is an urgent immediate Opening with one of our esteemed client for Credit Risk Modeling position.

Please find below mentioned Job Description for the same.

Position : Consultant/Sr. Consultant/Manager/Sr. Manager

Experience : 1 to 9 years

Location : Mumbai

Employee Specifications :

- Post-graduate degree (preferably in Statistics or an MBA or Economics degree with a strong quantitative underpinning)

- 1-9 years of professional work experience with a reputed bank, insurance, other financial firm or analytics firm with at least two years of experience in risk management.

- Specific exposure to either credit risk or market risk.

- Quantitative risk management experience is essential.

- Score card Development experience

- Risk Rating Development experience

- must demonstrate both a strong business sense and deep understanding of the quantitative foundations of risk management.

- must also possess the following hallmarks of excellent problem solving skills, team skills, entrepreneurial ability, and strong communication skills

- Excellent analytical and problem solving skills, including the ability to dis aggregate issues, identify root causes and recommend solutions.

- Good written and verbal communication skills. Fluent in both written and spoken English; prior experience in a multi-national environment desirable.

- Energetic, cooperative and pleasant personality. Able to work with and coach effectively a diverse group of team members

- Flexibility, patience, and an understanding of fluid, demanding, and unstructured environments where priorities evolve constantly and methodologies are regularly challenged.

- Ability to work under pressure and deliver on tight deadlines.

- In addition, successful execution of this role will also need high levels of technical expertise. Candidates should have exposure (and some degree of expertise) to some of the following tools and techniques:

should have sound knowledge on topics like Multivariate Statistics, Econometrics Analysis, Decision Tress(like CART, CHAID, etc), Optimization, Machine Learning ( artificial intelligence), stochastic processes etc.

- Tools like SAS, SPSS, Answer Tree, Crystal Ball, @Risk etc. Data mining tools like SAS Eminer, Knowledge Studio, Xeno, Model Builder; etc would be good.

Key Responsibilities :

- Solve analytically complex client problems in the Risk domain like developing Credit Risk Scoring Models for clients in the financial sector.

- Lead modeling work stream in client engagements (such as IFRS9 related modeling as well development of credit rating models) which would include the below:

- Define data requirements for creating a model;

- Clean, aggregate, analyze and interpret data and statistical modeling output;

- Coach junior members of the team working alongside on the model development exercise.

- Provide expert advice to consulting team of modeling related issues

- Support development and maintenance of proprietary Risk management tools and other

- knowledge development projects.

Only genuinely interested candidates should apply.