Crisil - Business Analyst - Risk/Quant - IIM/IISc/ISI

Business Analyst

Job title : Risk/ Quant Business analyst- Scenarios / Stress testing/ERC Methodology / ECL

Location: Mumbai/Pune

Experience: 5 - 10 Years

Job Duties:

- Understand how the Credit Economic Capital model is used in a leading financial institution.

- Understanding of Expected Credit Loss (ECL) Model

- Good understanding Credit Risk Methodologies, Private banking spread models

- Identifying and documenting business requirements/BRD from key business stakeholders.

- Conducting deep dive analyses, gap analyses and proposing responses

- Work in partnership with key stakeholders and programs to define business solutions that deliver requirements.

- Work with Market Risk analyst to explain outcomes of internal models and sensitivity analysis (Greeks)

- Worked on strategic implementation and UAT support

- Deliver analysis and explanations of VaR, IRC, and ERC.

- Collaborate with IT analysts and developers to implement changes to the model

- Assist in preparing presentations for senior management covering change impacts, methodology features, and capital implications

- Work with a wide range of stakeholders including trading, IT, and group risk management.

Qualification

- Master degree or Ph.D. qualification from a top tier institution in Mathematics, Financial Mathematics, MBA or Financial Engineering

Skills Required

- Experience in Credit/ market risk measurement within an investment bank or other financial institution; previous VaR or Economic Capital experience is required.

- Experience in market risk implementations, experience in similar regulatory capital calculation implementations preferred.

- Good understanding and experience in ERC calculation and market risk measure, models & methodologies.

- Good understanding of other Market Risk measurement techniques e.g. VaR, Economic Capital, IRC, Marginal ERC and Market data

- Worked on, Market/ Credit risk management and CRO Change

- Strong Communication and Interpersonal Skills and Analytical Skills

- Knowledge of SQL \ VBA and other scripts would be an added advantage.

- Curious, proactive and attentive to detail

About CRISIL GR&A: CRISIL Global Research & Analytics (GR&A) is the largest and top-ranked provider of high-end research and analytics services to the world's leading commercial and investment banks, insurance companies, corporations, consulting firms, private equity firms and asset management firms. CRISIL GR&A operates from research centers in Argentina, China, India, and Poland, providing research support across several time zones and in multiple languages to global organizations. It has deep expertise in the areas of equity and fixed income research (covering global economies, 150 global sectors, and over 3000 global companies), credit analysis, exotic derivatives valuation, structured finance, risk modeling and management, actuarial analysis and business intelligence.

CRISIL GR&A includes Irevna, Pipal Research, and Coalition, firms which were acquired by CRISIL. For more information, please visit www.irevna.com, www.pipalresearch.com, and www.coalition.com