Job Description : Designation : Exec/ Senior/Asst. Manager/Manager Dept : Statistical &amp; Quantitative Modeling team Location : Bangalore Education / professional qualifications : - Advanced degree in Math, Statistics, Economics or any other Analytical disciplines from IIT/ISI OR any other tier1 institute or B.Tech + MBA in finance. - Professional Certification such as FRM, CFA preferred Job Summary : Work with clients in the US, UK, Australian and South-East Asian market to assist them in credit and market risk engagements pertaining to model development/validation, credit policy review, credit origination process review. Key engagement responsibilities would be : - Model development of one or more of CCAR /DFAST/ IFRS 9 modelling and PPNR including Stress Testing, Balance Sheet forecasting, Deposit Modelling /PD/EAD/LGD, Loss Forecasting, Underwriting scorecard, Credit Scoring and other behavioral models - Model validation including conceptual soundness, critical assessment of the testing performed by the model developers to support the integrity and accuracy of the model implementation and its fit-for-purpose, designing to evaluate the model's predictive power and its robustness uncertainty through the development and use of alternative benchmark models. - Responsible for key deliverable and engage with Partners/Directors to understand the project scope, business requirements and work with onshore and offshore teams to do successful delivery Relevant Experience required : - Advanced statistical and quantitative modelling skills (linear regression, logistic regression, ARIMA modelling, Markov Chain, Merton Model, CHAID and other data mining/predictive modelling skills) - Experience in validation of pricing models across various classes viz., Equities, Credit, IR, FX, Commodities etc. - Strong understanding of regulations and guidelines like IAS 39, IFRS9, SR 11-7 or other equivalent guidelines for model risk management. - Excellence in probability theory, stochastic processes, partial differential equations, numerical analysis, option pricing theory (quant models for pricing and hedging derivatives). - Sound knowledge of various simulation techniques like Monte Carlo Simulation etc. Programming skills : - SAS, R, Python. Expertise is one of these programming language is a must. - Programming ability in C++ is preferred. Prior Experience : - Prior experience of working in the Risk Management/Analytics division in large banks and/or tier 1 consulting organizations like Big 4 or captives of top tier banks is preferred Salary Package : As per market &amp; industry standard Zahid +91 22 40960194

Bangalore

Statistical Modelling Role - Credit Risk/CCAR - Bank/Consulting Firm 

Statistical Modelling Role - Credit Risk/CCAR - Bank/Consulting Firm  ,Job Description for Statistical Modelling Role - Credit Risk/CCAR - Bank/Consulting Firm  in Grey Faalcons Search Pvt Ltd in  Bangalore for (5-10) years of experience. Apply Now!

Job Description for Statistical Modelling Role - Credit Risk/CCAR - Bank/Consulting Firm  in Grey Faalcons Search Pvt Ltd in  Bangalore for (5-10) years of experience. Apply Now!