Job Description
SN Required Information Details
1 Role Senior Risk Modeller
2 Required Technical Skill Set Programming skills: SAS (primary, minimum requirement), Python (secondary) and R (tertiary). Advanced statistical and quantitative modelling skills (linear regression, logistic regression, ARIMA modelling, Markov Chain, Merton Model, CHAID and other data mining/predictive modelling skills)
3 No of Requirements
4 Desired Experience Range
5 Location of Requirement Pan India - Metros
6 IOU-Detail BFSI – Cluster – CRO Strategic Initiative
Desired Competencies (Technical/Behavioral Competency)
Must-Have Model development/validation/audit/review primarily for one or more credit loss forecasting models in either retail or wholesale domain primarily for CECL/CCAR/DFAST reporting including PD/EAD/LGD component models. Validation process involves understanding of development document, testing, and benchmarking using SAS, and report writing. Role description Provide analytical support and manage projects to deliver retail and commercial credit risk and decision models to support risk management and decision making in LBG. The following accountability apply to the most roles and decision science at this level but there may be some variation depending on specific role in the team:
Good-to-Have Expertise in PD, LGD, EAD and BAU models Certified CQF and CIF
SN Responsibility of / Expectations from the Role
1 Very good knowledge of statistical techniques such as clustering, segmentation, ranking, correlation, or regression etc. Use sophisticated statistical techniques to develop scorecards, customer segmentation schemes, profiles, and other analytically based tools in day-to-day operations. Ability to recognizing information and patterns in data that are not obvious, and focusing analytical efforts in pursuit of explanations, isolations of cause and effect. Accountabilities: · Provide analytical support for different types of modelling tasks and projects, including model developments. · Work independently on variety of analytical tasks and projects during the production of model monitoring report, validations, and collaborations. · Work on projects to support initiative across decision science. · Work and build wrap rapport with business contacts, communicating analysis clearly and delivering out to
agreed plans and time scales. · Take ownership and provides technical leadership to more junior analysts in the team. · Support model implementation and testing. · Comply with policies and apply best practises to all aspects of work. · Deputise for manager when required. · Act in line with the groups value and behaviours. Skills, knowledge, and experience · Degree with quantitative content or equal skills derived from experience. · Experience extracting, manipulating, and drawing insight from the data · Experience of working on design, development, and validation of credit risk models · excel SAS, SQL, or similar experience · demonstrates initiative and problem-solving skills · good organisational and project management skills and ability to deliver tasks and project to deadlines · good written and verbal communication and presentation skills and ability to build report with the stakeholders to suggest the solution and communicate the impacts · good knowledge of the fundamental principles of banking credit Risk management and economics · technical leadership and coaching · practical application of statistical modelling techniques and technical methods Experience of building and maintaining stakeholder relationships
Type Details of The Role (For Candidate Briefing)
Reporting To Which Role Delivery Lead
Size of the Team , if any
Reporting to this Role 2-4 Business Analysts
On-site Opportunity Yes
Unique Selling Proposition
(USP) of The Role Work with Global Tier 1 Banks’ CRO/CCO Organizations
Details of The Project (A
short Briefing on the Project
may be attached with this
document for candidate-
briefing). It may be shared
with external stakeholders like
job-agencies etc. CRO Strategic Initiatives is a new initiative to tap in to BFSI’s non CIO Business Groups focusing on Chief Risk Officer and Chief Compliance Officers organization in providing Business Consulting, Solutions and Advsory services.
