Manager - Credit Risk Modeling - Big4

About our Client :

- Our client is a leading Big4 firm and they are looking to expand their risk analytics practice. As part of their expansion plans, they are looking for a Manager - Credit Risk Modeling based out of Mumbai supporting global geographies.

Job Description :

Reporting into the Director, you will be responsible for :

- Development, implementation & maintenance of models of Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD) and correlations for the cards/loans/current accounts/mortgage portfolio

- Perform statistical regression analysis in designing, estimating and monitoring model performance.

- Submitting and presenting model annual review and implementation proposals to divisional and group wholesale credit model committees for approval.

- Ensuring that the review, validation, re-calibration and implementation of each model is completed in accordance with the detailed work plan.

- Ensuring that all model related work meets regulatory requirements and internal policy standards.

- Managing relationship with business heads and other international stakeholders to support them in statistical and risk modeling

- Research and develop new model and enhancements of existing model suites to improve accuracy, timeliness, forward looking capability and responsiveness to economic environment

The Successful Candidate :

As a successful applicant you should have :

- Bachelors/Masters/Ph.D. in Economics, Statistics, Financial Engineering

- At least 7 years of relevant experience of credit risk model development

- Hands on experience in development of application scorecards

- Extensive knowledge of credit risk modelling across retail banking or wholesale banking is a must

- Miner Hands-on experience in all stages of model development (development, validation, tracking, monitoring, implementation) of credit risk models for corporate/commercial/wholesale banking is a must

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