We are hiring for one of the Top MNC in Mumbai Location for Credit Risk Model development profile. Exp : 3-5 yrs. Education : Tier one colleges only &amp; No CA background. Responsibilities: 1. Task : - Complex analysis, evaluation &amp; decision-making - Development/ calibration and maintenance of rating methodologies and credit risk parameters for various wholesale portfolios. - Analytical support of RM clients in the risk assessment and statistical analysis in general - Assurance of Basel III / IV readiness of developed models including responsibility for related processes - Assurance of Model Risk Management requirements, e.g. SR11-07 standards 2. Data processing : - Collecting complex information and processing it ready for decision-making - Extensive use of data analysis and statistical methods (classification, regression) for quantifying credit risk 3. Improvements : - Development of very complex methods, processes or analyses as well as improvements - Recalibration of developed models and continuous improvement of development and calibration methodologies, especially taking into account regulatory developments 4. Relationship management : - Build relationships with Risk colleagues - Relationship with stakeholders and business associates, internal &amp; external - Relationship with Senior Management &amp; with regulators &amp; supervisory authorities - Support for dealing with internal and external audit requests Requirements : Education and Experience : - Relevant university degree (Master) in a quantitative discipline (e.g. Mathematical Finance/ Statistics/ Econometrics) with focus on applications and relevant professional experience necessary or - Relevant university degree (PhD) in a quantitative discipline (e.g. Mathematical Finance/ Statistics/ Econometrics) necessary Competencies : High level of particular specialist know-how/ methodological expertise necessary : - Practical knowledge in the modeling of credit risk parameters (PD, LGD, CCF) - Strong IT / data management skills plus experience with relevant statistical and other software packages (e.g. Excel VBA, Python, SAS, R, Matlab, C++) - Strong analytical skills and ability to efficiently solve problems independently and proactively - Experience in independent project work Personal characteristics : - Ability to work with both a high degree of independence &amp; as part of a team across locations - Flexibility with respect to learning new skills and the ability to work also under stressful circumstances efficiently and diligently is required - Excellent written and verbal skills in English

Mumbai

Credit Risk Modeler - BFS - IIM/ISB/MDI/FMS 

Credit Risk Modeler - BFS - IIM/ISB/MDI/FMS  ,Job Description for Credit Risk Modeler - BFS - IIM/ISB/MDI/FMS  in AGS in  Mumbai for (3-5) years of experience. Apply Now!

Job Description for Credit Risk Modeler - BFS - IIM/ISB/MDI/FMS  in AGS in  Mumbai for (3-5) years of experience. Apply Now!