Client: A strong player in the financial risk management arena, and related spheres of regulatory compliance and strategy among others. They offer comprehensive analytical solutions for clients in banking, insurance and other financial services. Position: Consultant/Sr. Consultant/Manager/Sr. Manager - Statistical Credit Risk Model Development Relevant Experience: 2y - 7y Location: Riyadh (Saudi Arabia) Joining: Immediate Detailed JD Looking out for candidates with past experience in the risk management space for their Risk Consulting group. The individual would be expected to work most of his/her time working with client service teams across the globe on risk management (more specifically modeling) issues, including credit risk as well as other risk types such as market and operational risk. Key Responsibilities: 1) Solve analytically complex client problems in the Risk domain like developing Credit Risk Scoring Models for clients in the financial sector. 2) Lead modeling workstream in client engagements (such as the development of a rating model) which would include the below: a) Defining data requirements for creating a model; b) Clean, aggregate, analyze and interpret data and statistical modeling output; c) Coach junior members of the team working alongside on the model development exercise. 3) Provide expert advice to consulting team of modeling related issues 4) Support development and maintenance of proprietary Risk management tools and other knowledge development projects. Requirements: 1) Post-graduate degree (preferably in Statistics or an MBA or Economics degree with a strong quantitative underpinning) from a respected institution with an outstanding academic record. 2) 2-7 years of professional work experience with a reputed bank, insurance, other financial firm or analytics firm in risk modeling/quantitative risk management. 3) Specific exposure to either credit risk or market risk. 4) Score card Development experience is a must have 5) Risk Rating Development experience is a must have 6) Candidates must demonstrate both a strong business sense and deep understanding of the quantitative foundations of risk management. 7) Candidates must also possess the following hallmarks of excellent problem solving skills, team skills, entrepreneurial ability, and strong communication skills: a) Excellent analytical and problem solving skills, including the ability to disaggregate issues, identify root causes and recommend solutions. b) Good written and verbal communication skills. Fluent in both written and spoken English; prior experience in a multi-national environment desirable. c) Energetic, cooperative and pleasant personality. Able to work with and coach effectively a diverse group of team members d) Flexibility, patience, and an understanding of fluid, demanding, and unstructured environments where priorities evolve constantly and methodologies are regularly challenged. e) Ability to work under pressure and deliver on tight deadlines 8) 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: a) Sound knowledge on topics like Multivariate Statistics, Econometrics Analysis, Decision Trees (like CART, CHAID, etc), Optimization, Machine Learning (artificial intelligence), stochastic processes etc. b) Tools like SAS, SPSS, Answer Tree, Crystal Ball, @Risk etc. c) Data mining tools like SAS E-miner, Knowledge Studio, Xeno, Model Builder etc. would be good. On offer: 1) Interesting work on international projects 2) High growth work environment 3) Competitive salaries and benefit package 4) Ability to develop career in fast growing consulting firm

Riyadh

Saudi Arabia

Overseas/International

Consultant/Senior Consultant/Manager/Senior Manager - Statistical Credit Risk Model Development 

Consultant/Senior Consultant/Manager/Senior Manager - Statistical Credit Risk Model Development  ,Job Description for Consultant/Senior Consultant/Manager/Senior Manager - Statistical Credit Risk Model Development  in Hexaconcepts in  Riyadh Saudi Arabia Overseas/International for (2-7) years of experience. Apply Now!

Job Description for Consultant/Senior Consultant/Manager/Senior Manager - Statistical Credit Risk Model Development  in Hexaconcepts in  Riyadh Saudi Arabia Overseas/International for (2-7) years of experience. Apply Now!