Crisil - Quant Analyst/Senior Quant Analyst - Credit Risk

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

Job title Quant Analyst/Sr Quant Analyst, Credit risk

Location-Mumbai/Pune/Bangalore

Experience 2-6 years

Job Duties

This role is a critical and challenging role which requires a dynamic, bright and hands-on Quant.

The role involves:-

- Resolving complex issues in building and validating credit risk models (PD/EAD/LGD) used in the calculation of economic and Basel capital for wholesale portfolios

- Managing end-to-end project delivery with onsite / offshore teams

- Helping develop newer capabilities and executing trial assignments

- Working on risk modeling, risk model validation activities as maybe required

- Managing small team/s of quant analysts

- Focusing on newer technologies (Big Data) and newer modeling techniques (Machine Learning, Artificial Neural Networks) to ensure models get developed

- Ensuring knowledge dissemination internally across other teams and participating in training activities

- Helping create "thought leadership" by writing papers, articles and contributing to external forum presentations\

Qualification

- Ph.D. or Master in Statistics/ Economics/Mathematics/advanced degree in quant area

Required Mandatory Skills

- Should have hands-on work-experience as a Quant Modeler and developed/validated credit risk models (PD/LGD/EAD) for financial institutions, especially for wholesale portfolios.

- Should have very good domain knowledge of wholesale products like Commercial Real Estate, Commercial and Industrial (C&I), Residential Real Estate Loans etc.

- Should have worked on retail portfolios like card, personal loans and developer/validated scorecard models

- Should have Strong quantitative and statistical skills (time series analysis, logistic/ linear regression, and segmentation)

- Should have solid analytical and problem-solving skills; ability to isolate and solve issues using large amounts of data

- Should have strong Basel, CCAR and DFAST, FRY-14A, SR-11/7 understanding.

- Should have hands-on experience of statistical software like SAS and R used for modelling purposes

Preferred Skills

- Strong client management skills. Should demonstrate very high client focus

- Experience of working onsite / offshore in a multi-cultural and global environment

- Good at Multi-tasking skills. Ability to quickly assimilate & comprehend information and deliver within strict deadlines

- Capable of working in a dynamic & rapidly changing environment. Should have the ability to manage change. This role requires the individual to be flexible and comfortable in dealing with high pressure.

Required Soft Skills

- Strong communication skills - ability to articulate, present ideas and engage with an international audience

- Self-motivated and problem-solving skills