The role involves:-

• · Resolving complex issues in building and validating credit risk models (PD/EAD/LGD) used in the calculation of economic and Basel capital for wholesale portfolios
• · Managing end-to-end project delivery with onsite / offshore teams
• · Helping develop newer capabilities and executing trial assignments
• · Working on risk modeling, risk model validation activities as maybe required
• · Managing small team/s of quant analysts
• · Focusing on newer technologies (Big Data) and newer modeling techniques (Machine Learning, Artificial Neural Networks) to ensure models get developed
• · Ensuring knowledge dissemination internally across other teams and participating in training activities
• · Helping create “thought leadership” by writing papers, articles and contributing to external forum presentations

Skills required

• · Should have hands-on work-experience as a Quant Modeler and developed/validated credit risk models (PD/LGD/EAD) for financial institutions, especially for wholesale portfolios
• · Should have very good domain knowledge of wholesale products like Commercial Real Estate, Commercial and Industrial (C&I), Residential Real Estate Loans etc.
• · Should have Strong quantitative and statistical skills (time series analysis, logistic/ linear regression, and segmentation)
• · Should have solid analytical and problem-solving skills; ability to isolate and solve issues using large amounts of data
• · Should have strong Basel, CCAR and DFAST, FRY-14A, SR-11/7 understanding.
• · Should have hands-on experience of statistical software like SAS and R used for modeling purposes
• · Strong verbal and written communication skills and strong interpersonal skills
• · Strong client management skills. Should demonstrate very high client focus
• · Experience of working onsite / offshore in a multi-cultural and global environment
• · Good at Multi-tasking skills. Ability to quickly assimilate & comprehend information and deliver within strict deadlines
• · Capable of working in a dynamic & rapidly changing environment. Should have the ability to manage change. This role requires the individual to be flexible and comfortable in dealing with high pressure.