Senior - FS - CRA - BLR

Description Job details Proposed designation Senior Role type Individual Contributor Work with our clients primarily in the US/UK market to assist them in credit risk engagements pertaining to modeldevelopment/validation. Geo to be supported UK Work timings 9:00AM to 5.30PM Responsibilities Roles and Responsibilities Model development/validation/audit/review primarily for one or more credit loss forecasting models in either retail or wholesaledomain primarily for IRB models as well as for IFRS9/CECL/CCAR/DFAST reporting including PD/EAD/LGD componentmodels. Validation process involves understanding of the relevant regulatory requirements, development document, testingand benchmarking using SAS, R or Python and report writing.A strong understanding of UK and EBA regulatory environment and regulations related to IRB models. Knowledge of otherrelevant standards such as IFRS9 is a plusAssist with other model development/validation activities for Underwriting scorecard, Credit Scoring, behavioral models,economic scenario models or automation activities related to validation when requiredModel validation including assessing conceptual soundness, critical assessment of the testing performed by the modeldevelopers to support the integrity and accuracy of the model implementation and its fit-for-purpose, designing to evaluate themodel’s predictive power and its robustness uncertainty through the development and use of alternative benchmark modelsand compliance assessment against the relevant regulatory standardsIndependent model testing and formulation of supporting analysis required to address validation findings and regulatoryfeedback. Qualifications This role is for you if you have the below Educational qualifications Advanced degree in Math, Statistics, Economics or any other Analytical disciplinesAny Graduate + MBA in finance with relevant experience/exposure.Additional certifications: Professional Certification such as FRM, CFA preferred Work experience Prior experience of 2-4 years working in the Risk Management/Analytics division in large banks and/or tier 1 consultingorganizations like Big 4 or captives of top tier banks is preferred Mandatory technical and functional skills Credit loss forecasting models in either retail or wholesale domain primarily for IRB models as well as forIFRS9/CECL/CCAR/DFAST reporting including PD/EAD/LGD component models. Validation process involves understanding of therelevant regulatory requirements, development document, testing and benchmarking using SAS, R or Python and report writing.A strong understanding of UK and EBA regulatory environment and regulations related to IRB models. Knowledge of other relevantstandards such as IFRS9 is a plusStrong understanding of regulatory requirements related to model risk management including but not limited to SR11-7/SR1518/CCAR/DFAST/CECL/IFRS9Strong analytical skills. ).Programming skills: SAS (primary, minimum requirement), Python (secondary) and R (tertiary). Key behavioral attributes/requirements Ability to work independently and motivate team members.Excellent written and verbal communication skills. Other information Interview process: Minimum 3 rounds of Interview . Does the job role invol travelling: No