Model Monitoring - SAS - BFSI

Service Delivery (30%)

- Plan and prioritize projects and resources in discussion with the stakeholders

- Manage the team to deliver performance review of all models as per the monitoring governance calendar. Ensure minimum Dispensation, Breach and Waiver (DWBs) against the Group Model Risk Policy

- Ensure service delivery in line with business expectation and as per the agreed SLAs

- Drive process improvement through model monitoring automation, standardization, centralization and innovative techniques

- Quickly act and resolve issues arising out of the projects and interactions

Team Management and Capability Building (30%)

- Ensure effective allocation and utilisation of resources in order to maximise efficiency

- Create an environment that promotes continuous improvement and high levels of employee engagement

- Measure performance of the team against SLAs

- Recruit top quality talent. Assist in identifying the developmental needs of the team & encourage taking suitable training programs to enhance capabilities and skills

- Engage, motivate and coach the team towards achieving goals. Groom and mentor the team to handle wider span & higher responsibilities

- Communicate strategic developments within the business area. Build effective communication channels to ensure open communication and address issues/concerns raised by the team

Compliance & Controls (20%)

- Ensure complete adherence to various internal and regulatory policies and standards

- Contribute to the design of the Model Monitoring Standards and Governance & Control framework

- Perform GAP analysis with relevant policies and standards; and work on remedial actions. Raise Dispensation-Waiver-Breaches (DWBs) against the policies, in case required

- Drive smooth functioning of Credit Risk Technical Committees by providing support to the end-to-end governance execution and decision making process

- Ensure periodic notification to Group Risk and senior management

- Ensure that the team adheres to compliance policies & requirements (Joiner- Mover- Leaver policy, Risk and Control Assessment etc.)

- Make sure the team is audit ready at all times and effectively manage all internal and external audits

Relationship Management (20%)

- Establish and maintain effective working relationship with the key stakeholders across businesses served

- Ensure regular interaction with all stakeholders and ensure team operates in line with business expectation

- Set up effective formal and informal feedback mechanism and work on the stakeholders- feedback

- Keep the stakeholder and senior management informed about any important developments or issues within the team

- Contribute to the overall level agenda through Cross Functional Trainings, Knowledge Sharing and other talent management initiatives

Technical Knowledge Modelling Techniques Expert:

- MS Office (PPT, Excel) Advanced

- SAS Advanced

- Data Management and Automation Tools Advanced

- Model Performance Review and Decisions Advanced

- Business Knowledge Product and Portfolio Understanding Advanced

- P&L Know How Advanced

- Knowledge Impairment, Capital and Regulatory Requirements Advanced

- Soft Skills Verbal Communication / Presentation Expert

- Written Communication Expert

- Management & Leadership Project Management and Delivery Expert

- Team's Performance Management Expert

- Stakeholder & Relationship Management Expert

- Recruitment & Capability Building Expert

- Influencing and Selling Advanced

Skills and Experience:

Essential:

- Extensive experience in consumer credit risk management and/or analytics across customer lifecycle, Impairment, Basel II etc.

- Knowledge of retail financial services portfolios. Awareness of the economy, market and customer trends affecting the business

- Familiarity with modelling techniques and their value in business (Statistical Techniques, Econometrics, Multivariate Analysis, System Dynamics, Stochastic Processes, Linear and Non Linear Programming etc.)

- Unrivalled attention to detail

- Team, project and stakeholder management experience

- Strong communication and interpersonal skills

Preferred:

- Prior knowledge of model monitoring and related decision making process

- Great leader in talent management, communication and influencing

- Experience is recruitment and capability building

- Experiences in working with regulators and compliance. Knowledge of regulatory and accounting standards

- Experience in effectively delivering in multicultural, cross-functional and offshore environments

- Proficiency in SAS and SQL, or other suitable statistical programming language and automation tools

- Ability and experience in leading a team of senior members

- Senior stakeholder management experience - CROs & business leaders

Preferred:

Masters in Statistics, Mathematics, Economics, Operational Research; CA, Engineer, MBA

Essential:

- Min 8 years of relevant experience in analytics industry

Preferred:

- Strong analytical background, data driven, results orientated

- Team management experience

- Ability to communicate analytical concepts clearly and concisely