IRB Modeler - Risk Analytics

Job Description:

We are looking for experienced professionals with strong expertise in IRB (Internal Ratings-Based) Credit Risk Modeling to join our Risk Analytics team. The ideal candidate should have 5-10 years of total experience, including a minimum of 3 years in Credit Risk Modeling and at least 1 year of hands-on IRB model development/validation experience. Candidates should have strong programming skills in SAS and/or Python.

Key Responsibilities:

- Develop, enhance, and maintain IRB (PD/LGD/EAD) models in line with Basel regulations.

- Perform credit risk model development, calibration, validation, monitoring, and performance analysis.

- Analyze large datasets to identify risk drivers and improve model performance.

- Prepare model documentation, technical reports, and regulatory submissions.

- Work closely with Model Validation, Risk, Business, and Regulatory teams.

- Support model governance, audit, and regulatory review activities.

- Automate model development and reporting using SAS/Python.

Mandatory Requirements:

- 5-10 years of overall experience.

- Minimum 3 years of hands-on experience in Credit Risk Modeling.

- Minimum 1 year of experience in IRB Modeling (PD, LGD, EAD).

- Strong programming experience in SAS and/or Python.

- Good understanding of Basel II/III/IV regulations.

- Experience in statistical modeling techniques such as Logistic Regression, Scorecards, and Model Validation.

- Strong analytical, problem-solving, and communication skills.

Preferred Skills:

- Experience with IFRS 9, Stress Testing, or CCAR is an added advantage.

- Knowledge of SQL, R, or data visualization tools is desirable.

- Experience working with global banking or financial institutions.