Credit Risk Modeling Role - Financial Services/Banking

Credit Risk Modeling - Financial Services/Banking - 2+ years - Mumbai

Hiring for a professional with 2+ years of experience in financial and credit risk modeling exposure. An incumbent coming with a statistical background and excellent modeling skills along with high knowledge of the credit risk domain. You will be a part of a larger rating quality team.

Location - Mumbai

Your future employer - India's leading research, analytics and credit rating firm

Roles & Responsibilities:

- Support in planning and driving the quality agenda in ratings

- Large data analytics using statistical and advanced Excel tools.

- Prepare various reports, including default and transition rates using data analytics, statistics for various regulatory disclosures

- Prepare/update model validation reports as and when required.

- Initiate post-event reviews of credits that have witnessed sharp rating actions and present findings to an internal committee

- Identify issues/areas in analytics or process in credit opinions that can be avoided or improved periodically and enable its implementation

- Interact and co-ordinate with various teams (including IT) on specific projects or deliverables periodically

- Independently work and deliver ad hoc project tasks as and when required

Requirements:

- Excellent advanced Excel (including macros), statistical, and data analytics skills. The ability to work with open-source language such as R-code would be an added advantage

- Ability to work with large sets of data and spot trends

- Excellent modeling and analytical mindset

- Strong understanding of financial concepts and business analysis

- Strong understanding of Indian corporate/ BFSI sectors and the general economic & business environment

- BTech/Engineering graduate/Diploma in Statistics

- MBA(Finance)/CA/CFA equivalent with 2-8 years of experience

- Work experience in credit risk, and risk management will be an advantage