- To improve risk return dynamics of a major credit card portfolio. This position within the forecasting / scoring team will develop, validate and manage CCAR/DFAST stress loss models for different Retail Services cards portfolios.

- The candidate will have experience in a large, sophisticated credit granting or risk management organization within a major consumer card, financial services, retailing or consulting business. This individual will bring a strong analytical orientation, an appreciation for broad-based risk issues, understanding of data mining techniques, and a familiarity with operations

- The role will require successfully performing the different analytical components of an econometric modeling-driven stress test process

- Must have the knowledge and expertise to deliver innovative modeling techniques and data strategies to deliver best in class stress testing and / or credit scoring models

- Must be updated with the latest CCAR modeling techniques through ongoing review and synthesis of research papers and journals. Must have the ability to apply the techniques for more accurate forecasting

- Provide support in the management and efficient delivery against requirements set forth by internal Risk oversight group as well as external regulators

- Interacts, communicates effectively and builds strong working relationship on an ongoing basis with business partners.

- Leads the CCAR modeling group consisting of high performing associates based out of the Mumbai/Noida center

Specification:

- The role will require developing econometric PD, EAD and LGD stress test models for annual CCAR / DFAST exercise. Prior experience in developing loan level models is preferred using one or more of the following modeling constructs: Survival Models, Proportional Hazard Models, State Transition Models, Logistic Regression and Age-Period-Cohort (APC) models

- Perform complex risk policy analytics in terms of sizing the impact of credit/business/regulatory policies on loss performance and figure out a way of incorporating them into the stress testing process

- Perform econometric based analytics to estimate and explain the impacts of changing macro econometric trends on the portfolio loss and delinquency performance

- Develop, validate and manage credit scoring models

- Perform all required tests and measures of developed models (e.g., sensitivity, accuracy, volatility), deliver comprehensive model documentation, Validate and Recalibrate models on periodic basis as in line with group policies

- Presentations to both technical and non-technical personnel are required to be made frequently as part of the job. Must have capability to clearly communicate analyses.

- Lead a team of high performing associates in the CCAR modeling group based out of Mumbai center; work closely with team members for review, guidance and career progression

- Work efficiently in a matrix environment balancing between both business and functional interactions and priorities

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