We are recruiting for Executive in the statistical &amp; quantitative modeling team. Your responsibilities will include: - Work with our clients primarily in the US/UK market to assist them in credit risk engagements pertaining to model development/validation. - Key engagement responsibilities would be: - Model development/validation/audit/review primarily for one or more credit loss forecasting models in either retail or wholesale domain primarily for CECL/CCAR/DFAST reporting including PD/EAD/LGD component models. Validation process involves understanding of development document, testing and benchmarking using SAS, R or Python and report writing. - Assist with other model development/validation activities in Underwriting scorecard, Credit Scoring, behavioral models, economic scenario models or automation activities related to validation when required - Model validation including conceptual soundness, critical assessment of the testing performed by the model developers to support the integrity and accuracy of the model implementation and its fit-for-purpose, designing to evaluate the model's predictive power and its robustness uncertainty through the development and use of alternative benchmark models. - Proactively work with seniors, AM and Managers for key deliverables in line with Project requirement - Responsible for key deliverables and engage with Partners/Directors to understand the project scope, business requirements and work with onshore and offshore teams to do successful delivery Job Requirements Mandatory Skills Qualifications: - Advanced degree in Math, Statistics, Economics or any other Analytical disciplines - Any Graduate + MBA in finance with relevant experience/exposure. - Additional certifications: Professional Certification such as FRM, CFA preferred - Total Experience: Prior experience of 1-3 year (Executive) / 3-5 years (Senior) 5-8 years (Assistant Manager) working in the Risk Management/Analytics division in large banks and/or tier 1 consulting organizations like Big 4 or captives of top tier banks is preferred Preferred Skills - Programming skills: SAS (primary, minimum requirement), Python (secondary) and R (tertiary). - Advanced statistical and quantitative modelling skills (linear regression, logistic regression, ARIMA modelling, Markov Chain, Merton Model, CHAID and other data mining/predictive modelling skills) - Strong understanding of regulatory requirements related to model risk management including but not limited to SR11-7/SR15-18/CCAR/DFAST/CECL - Excellent written and verbal communication skills - Personal drive and positive work ethic to deliver results within tight deadlines and in demanding situations without compromising on quality, and ethical standards and values - Ability to multi-task and handle client conversations - Team player - Self-driven - Ability to work independently and motivate team members

Bangalore

Gurgaon/Gurugram

Executive - Credit Risk - Statistical & Quantitative Modeling Team - BFSI 

Job Description for Executive - Credit Risk - Statistical & Quantitative Modeling Team - BFSI  in Future Domain Services in  Bangalore Gurgaon/Gurugram for (1-8) years of experience. Apply Now!