Mumbai, India

IRB Credit Modelling

Our client is one of the leading global banking firms which provides industry-focused services for clients across geographies. We are currently looking for a skilled professional to join their Credit Risk team in Mumbai.

An Exciting opportunity to work with a South African Bank who is building their captive in Mumbai. They are looking for a keen professional who will be working directly with the Front office team and is excited about their hands-on role into Model Development.

Please contact Malavika or email your cv directly in word format with Job ID: 10238 to riskandquants-in@theedgepartnership.com

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 7 business days, we regret to inform you that your application for this position was unsuccessful.

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Key responsibilities

Develop PD, LGD, EAD Models, and support other team members in the development of Credit Models as per IRB Regulatory Requirements.
Scope model requirements, review data, analyse portfolios, develop models, engage key stakeholders, and create model documentation.
Conduct annual reviews of models, review model performance, calibrate models, back-test models, and create supporting analysis on models.
Research, design and implement best practice methodologies for quantifying credit risk in line with Basel 3.1 IRB methodology and PRA Supervisory requirements.
Proactively engage with Credit and the Business unit to support understanding of Credit Models by providing model training and support.
Support model implementation within the bank’s credit risk framework.
Resolve ad hoc model-related issues.

Role requirements

8+ Years of relevant experience and Bachelor’s/Master’s degree in Statistical, Mathematical, Financial, Economics, or STEM subjects with strong academic performance.
Hands-on modelling experience in model development for PD and LGD models, ideally in the context of IRB in strong regulatory environments.
Previous hands-on modelling experience, ideally in SQL or Python (or willingness to learn).

Mumbai, India

IRB Credit Modelling

Key responsibilities

Role requirements

Apply for this Job

IRB Credit Modelling

Mumbai, India

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