Director - Credit Risk - Big4

Have an urgent opportunity for Director-Credit Risk with one of the BIG 4 for Gurgaon/ Mumbai location.

Key Responsibilities Areas:

- Engage with clients to understand specific problem areas and deficiencies, if any, pertaining to credit risk management

- Conduct reviews of credit risk management framework, including qualitative elements such as policies, limit management, MIS & reporting frameworks etc.

- Assist clients in strengthening credit risk management framework to comply with regulatory requirements and industry leading practices

- Recommend remedial action steps to address gaps identified

- Develop policies, procedures and associated documents for credit risk management framework

- Develop capital computation methodologies under Basel II standardized and IRB approaches and facilitate the transition of banks from Standardized to IRB approach

- Develop / validate risk measurement models for credit risk management, incl. models for credit rating, retail scorecards, PD, LGD, EAD, M etc.

- Assist in implementing credit risk models developed in credit risk management systems like SAS, OFSAA etc.

- Undertake IFRS 9 impairment testing activities and develop models required for the same. Assist in validation of models where required to confirm adherence to IFRS 9 requirements.

- Assist in development of new solutions for the firm, based on market requirements and business line strategy

- Develop Thought Leadership articles around solutions to create market awareness and visibility

- Participate in organizing symposiums, conferences etc. to create better brand and solution visibility

General requirements:

- Candidates should have at least 14+ years of experience for Director. Experience may be in a consulting firm or financial institution.

- Candidate should have sound knowledge and understanding of the credit products in the Indian markets, including trade finance products.

- Knowledge of IFRS 9 impairment testing norms, experience of developing impairment testing models and market conventions around the same would be highly desirable.

- Understanding of credit risk quantification methodologies (credit rating, IRB models etc.) is essential, including knowledge of capital calculation methodologies under Basel II / III

- Should have hands-on experience of using statistical tools such as SAS, R, MATLAB, FINCAD etc. Knowledge of programming on VBA, C++/Java, etc. and experience of credit risk systems (CRISIL, SAS, Numerix, Oracle OFSAA etc.)would be a strong advantage.

Academic qualifications

- MBA or equivalent Master's degree in Finance, Statistics, Economics or Mathematics from premier institutes required. Graduates (B.Tech / B.E) with relevant experience can also be considered.

- Professional Certifications like the CFA and FRM will be an added plus

- Quantitative training and strong problem solving as well computer skills (C++, Java, and MATLAB) are necessary.

Soft skills and desired characteristics:

- Ability to work comfortably at the highest levels of client organizations and interacting closely with high level executives in a range of environments

- Comfortable functioning in a broadly positioned role in a highly diverse service lines working across industry verticals. Must possess an impressive executive demeanor, a team oriented and collaborative approach, and excellent presentation skills, including strong oral and writing capabilities

- Committed, hardworking individuals willing to spend hours on research

- The individual must possess and demonstrate high integrity and credibility as perceived by all those with whom s/he will work

- Strong intellect coupled with proficient commercial instincts

- Diplomatic, flexible and have a good team approach.

If interested, kindly contact below:

Priyanka Khippal
Team Leader,
Contact No : 9540488666