Vice President/Senior Vice President - CCAR Model Development - Banking

Currently hiring for a client based in Mumbai

Co Name: Leading Banking MNC

Designation: VP/SVP

Exp: 10-18 years

Profile :

The responsibilities include:

- Development of econometric forecasting models for all significant balance sheet assets and liabilities for capital and business planning purposes. This includes the calculation of Net Interest Income ( NII), which is also referred to as Net Interest Revenue ( NIR ), Interest Rate Exposure ( IRE ), Economic Value Sensitivity (EVS), and other associated interest rate risk metrics.

- Development, documentation and testing of product models needed as input to Financial Planning and Risk Management forecasts.

- Evaluate the impact on the product models of various scenarios used for Comprehensive Capital Analysis & Review (CCAR) submissions

- Create a culture of accountability and strict quality control of the data integrity and modeling process

- Develop and maintain a comprehensive modeling system that maintains consistent approach to data quality and modeling methods, audit, back test, tracking, annual validation.

- This is critical in reducing the model operating risk

- Coordinate COE FP&A activities for CCAR, including liaising with business units, risk and treasury