Director - Credit Risk Modeling - BFS

Currently hiring for a client for Mumbai/Bangalore

Summary : This position focuses on quantitative analysis as it relates to the company's lending activity and mortgage servicing portfolio. The nature of the analytics varies, but includes risk profile/ management, pricing/ hedging, forecasting, return profiles, and performance analytics

Looking for People with Strong experience in Model Development and Analytics for Mortgage Products.

Responsibilities :

- To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

- Develop robust and comprehensive models using advanced statistics and algorithmic programming

- Provide model validation and monitoring support across capital markets

- Aggregate and analyze large data sets to be used in assumption and model validation

- Develop streamlined model performance and tracking reports

- Develop and maintain models related to the portfolio's prepayments, self-cure, re-defaults and customer complaints metrics

- Support ongoing back-testing of existing models, as well as identify any strengths and weaknesses

- Support the documentation of model methodology, inputs, and outputs for the purpose of audit and review

- Support risk management through development and maintenance of statistical analyses that measure and model the behavior of mortgage assets

- Leverage macro-economic fundamentals to explain behavior under changing economic conditions for the purpose of scenario analysis and stress testing