Senior Scenario Modeling - BFSI

An exciting opportunity to join the Enterprise Risk Management ("ERM") team in Mumbai which handles developing scenario methodologies for computing scenario position losses, macroeconomic scenario modeling, modeling revenues as a function of market conditions, etc

The successful candidate will work closely with the ERM Global Scenarios team in London to develop / enhance scenario modeling methodologies.

We offer:

- Development of statistical and econometric models to forecast risk factors like Equity, Rates, Credit etc required for stress testing purpose

- Test the models on extensive technical and fundamental criteria to ensure models are fit for purpose

- Communicate complex modeling and statistical concepts to senior levels of internal management

- Understanding and interpretation of data including data gathering and cleaning to ensure data is fit for use

- Provide comprehensive documentation of models including analysis on technical aspects of statistical models for model validation purpose

- Generate forecasts for various risk factors for a range of baseline and stress scenarios

- Contribute to the development of forward looking macro-economic scenarios to be used in the overall scenario framework

You Offer:

Interested candidates must be able to demonstrate the following qualifications and competencies:

- Excellent financial/statistical modeling skills with a strong quantitative background - Graduation from a top tier technology or management institute

- Strong knowledge of statistical concepts

- Significant experience across asset class

- Knowledge of statistical packages (such as R) is a plus

- 5+ years of relevant experience

- Excellent communication skills (both verbal and written)