Senior Leader - Model Development - BFSI

Exciting opportunity with one of the leading Investment Bank aggressively looking for a leadership role to manage model development of Financial Models. This is a new team set up hence people coming from strong financial services, technology and with programming, documentation and communication preferred. Complex quantitative modeling, numerical analysis, computational methods using programming languages.

Some of the key responsibilities will include :

- Work across teams in the projection of models with the development/validation/data aggregation teams.

- Work closely with business and the modelling team to develop, assess and challenge the assumptions and approach used in forecasting.

- Role requires significant analytical and technical skills and evaluative judgement in order determine appropriate model methodologies but also to determine the right balance between model sophistication and practical application/understanding by stakeholders.

- Leverage knowledge of financial statement analysis and technical framework to make sound decisions regarding forecasting/overlays, governance, controls, and model framework.

- Supporting risk analytics in the Credit Risk modeling team

- Developing risk analytics tools

- Automating repetitive tasks

- Knowledge of Retail products

To be eligible for this role you will require:

- Master's Degree/PhD in a quantitative discipline, preferably statistics, economics with at least 7+ work experience in banking model development

- A good knowledge of data analysis, theory and multivariate statistical techniques (e.g. Logistic Regression, etc).

- Proficiency in SAS / SQL, or other suitable statistical programming language like Python and R

- An understanding of the fundamental principles of the Basel II Accord and / or of IFRS IAS 39.

- Knowledge of Model Execution Framework (MEF)

- Strong written and Verbal communication

- Strong stakeholder management skills

- Good understanding of model life cycle

- Quick learner and polished style