EY - IRB Model Development/Validation Role

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who you can become. We believe that it's your career and 'It's yours to build' which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

The opportunity:

EY_ IRB Model Development/ Model Validation Role

- Our FSRM team is a fast-moving, high-growth practice with huge potential. It offers variety, challenge, responsibility and the opportunity to realize your leadership potential.

- The practice focuses on risk management, regulatory, quantitative, and technology backgrounds. The breadth of experiences of FSRM professionals enables the practice to coordinate the delivery of a broad array of risk management services to capital market participants throughout the world in a well-integrated manner.

Your key responsibilities:

Advise clients on a number of credit risk and capital related topics. These areas include:

- Application Scorecards, Behavioral scorecards, rating models, cash flow simulation models

- PD, LGD &EAD models across IFRS9, IRB, IND AS 109

- Application of analytics in loan life cycle in customer analytics, collections, recoveries, retention etc.

- Portfolio loss rate forecasting etc.

- Economic capital modeling, stress testing models development

- IRB/IFRS9 Model Validation and review support on audit assignments

- Development, implementation or review of IFRS 9/IRB frameworks/systems/tools

- Support on credit monitoring and early warning signal systems

- Review & Development of ICAAP documents/framework

- Development of credit and credit risk policies/procedure documents

To qualify for the role you must have:

- A master's/bachelor's degree and approximately 5-12+ years of related work experience;

- A degree in engineering, Statistics or Econometrics or a related discipline; an M.Stat is preferred

- Experience of working in the credit risk/credit/ERM domain

- Broad consulting and project management skills, effective written and oral communication skills

- A willingness to travel to meet client needs

- Strong experience of statistical modeling in atleast one of the following tools/languages is preferable

- SAS Base/EG/E-miner

- R/S-Plus

- Python

- Strong Excel/VBA skills is a must.

- Ability to explain complex frameworks/statistical models to senior management.

Skills and attributes :

In addition to technical competence, what will set you up for success at EY is your ability to:

- Strong communication, documentation, facilitation, relationship-building and negotiation skills

- Be highly flexible, adaptable, and creative

- Ability to quickly grasp new concepts and lead thought process

- Broad consulting and project management skills, effective written and oral communication skills

What we look for :

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful and able to sustain positive energy, while being adaptable and creative in their approach.

What we offer :

With more than 200,000 clients, 300,000 people globally and 33,000 people in India, EY has become the strongest brand and the most attractive employer in our field, with market-leading growth over compete. Our people work side-by-side with market-leading entrepreneurs, game- changers, disruptors and visionaries. As an organisation, we are investing more time, technology and money, than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills and opportunities.

EY is equally committed to being an inclusive employer and we strive to achieve the right balance for our people - enabling us to deliver excellent client service whilst allowing our people to build their career as well as focus on their wellbeing.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in building a better working world. Apply now