Lead Analyst - Credit Risk Rating Model Location Pune Experience 7+ years of experience in development and validation of risk measurement models for credit risk management with functional knowledge of credit risk assessment Job Duties Responsibilities include - - Model development, validation, and implementation across credit risk quantification purposes (Credit rating / scoring methodologies,PD/LGD/EAD/CECL, etc.) - Identify relevant credit parameters for credit rating/scoring model development leveraging their understanding of credit risk assessment (for Corporate and/or FI and/or Muni and/or CRE sectors) - Understanding of banking regulations, calculation of key credit metrics and capital ratios. Continuously building knowledge of industry best practices in credit risk management - Development of benchmark credit risk models using statistical/ML techniques - Conduct necessary assessments to challenge the model effectively. Assess adequacy of model documentation. - Carry out monitoring, back testing and permanent supervision checks to ensure the sustainability of the internal model and monitoring of proxies. - Working closely with clients and other resources to understand and enhance the modelling process behind existing models Academic Qualification - Master's degree or higher in Finance, Mathematics, Economics, Statistics, Data Science, Econometrics, Risk Management, or equivalent experience. - Profession certifications like CFA or FRM will be an advantage Skills and Traits Required The following traits are mandatory: - Strong skills in programming (C++ / Java), quantitative analysis packages (Python / R / SAS / SPSS / MATLAB), and data management (e.g. SQL) - Prior experience in credit risk, quantitative modelling techniques and analytics - Experience in quantitative and qualitative review and analysis across the credit lifecycle and credit processes/procedures will be an advantage; Good understanding of US CRE industry and market trends - Strong analytical, problem solving, critical thinking and communication skills - Strong process orientation and time management skills; fast thinker and quick actioner to handle ad-hoc tasks - Ability to design and develop a solid statistical model and to explain the strength/weakness and find a solution to overcome model bias if exist - Willingness to learn and continuously expand technical and business skills - Experience in the design and implementation of credit risk model related frameworks (model lifecycle management, development, validation, implementation) - Knowledge of risk management and regulatory areas would be preferred eg. Basel, Stress Testing, Capital Management, ICAAP, Risk Based Supervision

Pune

Lead Analyst - Credit Risk - PD Model Development - Ratings & Analytics Firm 

Job Description for Lead Analyst - Credit Risk - PD Model Development - Ratings & Analytics Firm  in COE Solution in  Pune for (7-12) years of experience. Apply Now!