Education Qualification: Ph.D./Masters in (Mathematics, Statistics, Financial Engineering, Economics or other Quantitative discipline). Job Description : Solytics is seeking a strong Credit rating/risk or PPNR/CCAR models professional with experience in development, validation, implementation, monitoring and maintenance of credit rating/risk or PPNR/CCAR models for use throughout the wholesale portfolios of Banking Group. Candidate must also support credit risk teams, actively participating in quarterly CECL/IFRS 9 runs, managing historical portfolio data snapshots, supporting regulatory reporting for wholesale portfolios, and assisting the stress testing teams by providing relevant data and model execution results. Candidate must have relevant experience in rating models, statistical modelling, loss forecasting, loan loss reserve modeling, and econometric modeling for various wholesale and retail portfolios. Responsibilities : - Key responsibilities include helping the bank with various aspects of the model risk management (first line or second line) and regulations. - The candidate would be working on Credit Rating, PPNR/CCAR, CECL/IFRS9, CCAR/DFAST, Basel-related projects Credit risk portfolios. - Develop or validate credit rating, PPNR, PD, EAD, and LGD models compliant to global regulatory requirements (i.e., Basel, IFRS 9) as well as satisfying business needs, complying to internal model development and validation standards. - The scope to include portfolios various wholesale and retails portfolios - Interact with model governance team on model build and model monitoring. - Perform all required tests (e.g., sensitivity, and back-testing). Deliver comprehensive model documentation and perform implementation tests. - Work closely with cross functional teams, including business stakeholders, model validation and governance teams, and model implementation team. - Deliver high quality client services, including work products, within expected timeframe and budget. - Develop and maintain effective relationships with clients and team members. - Participate in large scale client engagements/projects, meetings, PoC- s, RFP's etc., Key Skills : - Minimum 2+ year experience in executing end-to-end validation/development of Credit Rating PPNR/CCAR or PD/LGD/EAD models - Strong understanding of credit risk (CECL/IFRS 9) and MRM regulatory regime (SR 11-7) - 4+ years- experience in performing quantitative analysis, statistical modeling, ML modelling, loss forecasting, loan loss reserve modeling, and econometric modeling for various wholesale and retail portfolios. - Prior experience of Credit risk/rating model development/validation procedures and concepts and ability to manage own assignment independently. - Strong understanding of various banking retails and wholesale portfolios - Ability to work effectively in cross functional teams, including country/region's business stakeholders, model validation and governance teams, and model implementation team. - Ability to communicate technical information verbally and in writing to both technical and non-technical audiences. - Experience in developing/validating methodology for quantitative analysis. - Strong expertise in Python, SAS, R, Excel-VBA, SQL etc.,

Bangalore

Pune

Solytics Partners - Quantitative Analyst - Credit Rating/Risk/PPNR/CCAR Models - PhD 

Solytics Partners - Quantitative Analyst - Credit Rating/Risk/PPNR/CCAR Models - PhD  ,Job Description for Solytics Partners - Quantitative Analyst - Credit Rating/Risk/PPNR/CCAR Models - PhD  in Solytics Partners in  Bangalore Pune for (4-8) years of experience. Apply Now!

Job Description for Solytics Partners - Quantitative Analyst - Credit Rating/Risk/PPNR/CCAR Models - PhD  in Solytics Partners in  Bangalore Pune for (4-8) years of experience. Apply Now!