int(13098)
Mumbai, India

IRB Credit Risk Modeler – Wholesale & Mortgage Modeling

We are hiring experienced Credit Risk Modelers with strong expertise in IRB model development and UK/European regulatory frameworks to support critical global banking initiatives.

 

We are looking for hands-on experience in developing IRB models across wholesale or mortgage portfolios under UK PRA and/or ECB regulations. The role requires strong quantitative capability, regulatory understanding and exposure to PD, LGD and EAD model development.

 

Please email your cv directly in word format 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 and enhance IRB credit risk models including PD, LGD and EAD.
  • Perform model calibration, backtesting and performance analysis.
  • Support end-to-end model lifecycle management including governance and documentation.
  • Collaborate with Risk, Credit and Business stakeholders on model implementation and regulatory compliance.
  • Support Basel and IRB regulatory initiatives aligned to PRA/ECB expectations.

Role requirements

  • Minimum 5 years of experience working under UK PRA and/or European ECB regulations.
  • Direct IRB model development experience is mandatory.
  • Candidates with only governance, monitoring or validation experience will not be considered.
  • Mortgage modeling candidates must have UK PRA exposure.
  • Strong analytical and quantitative skills.
  • Python/SQL knowledge is advantageous but not mandatory.