The qualified candidate will be responsible for a broad range of activities as follows:
Performing in-depth analysis on the Bank’s risk model results using various quantitative tools such as back testing, benchmarking, and sensitivity analysis
Articulating the overall holistic picture of model performance, with clear conclusions regarding accuracy and remediation areas as required
Communicating model results to model stakeholders, including risk management, model development, model risk, senior management, and regulators
Supporting model development by confirming remediation of model issues prior to implementation
Requirements*
Education*
Bachelors/Masters or PhD in a quantitative field such as Mathematics, Physics, Finance/Economics, Computer Science, Statistics, or related field from Top tier institutes such as IITs, NITs, Indian Statistical Institutes etc.
Certifications If AnyFRM, CFA, CQF etc.
Experience Range*: 12+ years
Foundational skills*
Strong Quantitative and Leadership skills
Minimum of 5 years’ experience in leading a team of quantitative analysis and/or risk managers.
Advanced knowledge of statistical and machine learning methods, techniques, formulas, and tests.
Fluency in Python, SAS and SQL.
Knowledge and experience in developing or validating wholesale models. Strong familiarity with the industry practices in the field and knowledge of up-to-date wholesale modeling techniques.
Demonstrated experience in talent management and development.
Experience with leading external regulator interactions and successfully leading regulator examinations.
Excellent written and oral communication skills with stakeholders of varying analytic skill and knowledge levels.
Strong financial services and risk management experience.
Strong analytical & problem-solving skills.
Inquisitive nature, ability to ask right questions and escalate issues.
Ability to follow up with issues and summarize discussions
Attention to details
Willingness to learn
Strong work ethic
Team player
Desired skills*
Speaking / presentation skills in a professional setting
Ability to communicate clearly and effectively, and influence others
Ability to produce high quality technical documentation