Credit Risk Model Development

Key responsibilities

• The individual will be responsible to contribute to highly visible enterprise-wide modeling programs, dedicated to a specific area of the business/
• Candidate is accountable for providing reasonable forecasts of delinquencies, losses, and loan loss reserves throughout the year for various purposes like regulatory stress tests (CCAR, ICAAP and quarterly Risk appetite), loss budget for P&A, collections staffing plans etc.
• Analyze the impact of evolving standards such as Basel capital and CECL on forecast needs and business decisions.
• Understand the functioning of forecasting models and be able to challenge the model by conducting independent model assessment. Coordinate closely with model development teams to provide business perspective and insights.