Credit Risk Analytics - Gurgaon About OakNorth : - With offices in London, New York, Singapore, Istanbul, Gurgaon, Bangalore and Shenzhen, OakNorth's mission is to enable growth businesses to obtain the debt finance needed by entrepreneurs to pursue their ambitions. - Our fintech platform, which we developed to address this problem, is being used by number of leading banks around the world, and by us in the UK via our own balance sheet lending. - OakNorth was set up in 2015 by Rishi Khosla and Joel Perlman, who previously co-founded Copal Amba and grew it to 3,000 employees over 12 years, before selling it to Moody's (NYSE: MCO) in 2014, returning 125 times capital to seed investors. - Since its inception, the OakNorth Holdings group has secured over $1bn from several investors including Clermont Group, Coltrane, EDBI of Singapore, GIC, Indiabulls, NIBC, Toscafund, and SoftBank Vision Fund. - In the UK, the platform has helped us build a profitable loan book of over $3bn with no credit losses to date. Globally, the platform has been deployed at various banks across North America, Europe, and Asia with $6bn of assets under management. In terms of the impact this has had on the economy, our loans have directly helped with the creation of 9,500 new homes and 11,000 new jobs in the UK, as well as adding several billion pounds to the economy. Job Responsibilities : - Developing/ Maintaining/Validating internal credit risk models - PD/LGD/EAD/IFRS9 - Calculating provisions for the bank, participating in periodic ICAAP and stress testing exercises and submission - Liaising with multiple teams and various business units across the firm for different risk management and stress testing initiatives. - Coding in SAS/R/Python to enhance the current models and automating the processes. - Analyzing, explaining and documenting the models and their results. - Assisting in research, modelling and development for refinement of the current credit risk framework - Communicating with stakeholders, internal audit, model validation, regulatory agencies and responding to their requests on a timely and accurate basis. Desired Skills : - 2-6 years of relevant experience at a financial institution or a consulting firm, preferably on a Quant/ Data Science role in a data-rich environment - Preferably Master's degree in a quantitative field such as Statistics, Mathematics, Operations Research, Economics, or Finance, or equivalent - Experienced in developing/validating credit risk - PD/LGD/EAD/Stress testing models - Experienced in provisioning as per IFRS9 implementation for banks - Proficiency in programming and Advanced Statistical Techniques - R/SAS/Advanced excel - Analytical thinking, quantitative abilities and problem solving skills - Understanding of risk management concepts like Stress-Testing, regulatory frameworks for Risk Management - Attention to detail and ability to prioritize projects and workload - Self-motivated team player who brings a - can-do- approach - Ability to work well under pressure in a fast-paced team-oriented environment - Strong communication skills; ability to present complex and technical issues clearly, both verbally and in writing Additional Qualification : CFA/FRM will be an added advantage

Gurgaon/Gurugram

OakNorth - Credit Risk Analytics Role 

OakNorth - Credit Risk Analytics Role  ,Job Description for OakNorth - Credit Risk Analytics Role  in OakNorth in  Gurgaon/Gurugram for (2-6) years of experience. Apply Now!

Job Description for OakNorth - Credit Risk Analytics Role  in OakNorth in  Gurgaon/Gurugram for (2-6) years of experience. Apply Now!