Vice President - Retail Risk Model Validation - Bank

- Excellent opportunity to lead the risk model validation portfolio of a leading global bank

- Opportunity to lead a team of 5-10 people

About the Client:

Our client is a leading global bank with offering products and services across personal, corporate and investment banking, credit cards and wealth management. They have operations in over 45 countries across the globe and employs over a lac of employees globally.

Role :

Your key responsibilities shall be :

- Validation, implementation & maintenance of models of Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD) and correlations for the cards/loans/current accounts/mortgage portfolio

- Perform statistical regression analysis in designing, estimating and monitoring model performance.

- Submitting and presenting model annual review and implementation proposals to divisional and group retail model committees for approval.

- Ensuring that the review, validation, re-calibration and implementation of each model is completed in accordance with the detailed work plan.

- Ensuring that all model related work meets regulatory requirements and internal policy standards.

- Managing relationship with business heads and other international stakeholders to support them in statistical and risk modeling

- Research and develop new model and enhancements of existing model suites to improve accuracy, timeliness, forward looking capability and responsiveness to economic environment

The Successful Applicant :

As a successful applicant you should have :

- Bachelors/Masters/Ph.D. in Economics, Statistics, Financial Engineering

- At least 10 years of relevant experience of credit risk model development or validation

- Extensive knowledge of credit risk modelling across retail banking or wholesale banking is a must

- Exposure to regulatory frameworks is a must

- Miner Hands-on experience in all stages of model development (development, validation, tracking, monitoring, implementation) of credit risk models for corporate/commercial/wholesale banking is a must

What's on Offer :

- An opportunity to be a part of an established global bank in Delhi NCR. Excellent employee friendly work culture and global exposure along with high level of Independence in your work.