Job Description

Our client is one of the global banking firms which provides industry-focused services for clients across geographies. We are currently looking for a skilled professional to join their IRB Credit Modelling team in Mumbai. Please contact Apoorva Sharma or email your cv directly in word format with Job ID 10238 to . Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days, we regret to inform you that your application for this position was unsuccessful. [HIDDEN TEXT] Key responsibilities Develop PD, LGD, and EAD models and provide support in the development of credit models, resolve any ad hoc model-related issues that may arise. Research, design, and implement best practice methodologies to quantify credit risk in accordance with Basel 3.1 IRB methodology and PRA Supervisory requirements. Scope model requirements, review data, analyze portfolios, engage key stakeholders, and create comprehensive model documentation. Guide models through the internal governance process for approval and support their successful implementation. Conduct annual reviews of models, assess model performance, calibrate and back-test models, and provide analysis on model outcomes. Role requirements Bachelor\'s or Master\'s degree in Statistical, Mathematical, Financial, Economics, or STEM subjects with a strong academic performance. Hands-on experience in model development for PD and LGD models, preferably in the context of IRB in robust regulatory environments. Proficient in model documentation and presentation, with the ability to prepare high-quality analytical papers and present them effectively to stakeholders. Previous experience in using SQL or Python for modelling. Excellent analytical skills, including quantitative problem-solving and judgement abilities.

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