Credit Risk Analyst

7 days ago


Delhi, Delhi, India Straive Full time
Job Title: Analytics Consultant
Location: Remote
Job Type: Fulltime
  • Job Overview: We are in search of an adept and analytical professional to join our Analytics team as a Credit Risk Analyst. The ideal candidate should possess a solid foundation in data analytics and risk evaluation. The Credit Risk Analyst will play a crucial role in determining the creditworthiness of potential clients, monitoring the credit risk associated with current clients, and devising strategies to minimize potential credit losses.
Roles and Responsibilities:
  • Utilize statistical models and data analytics tools to foresee credit risk and evaluate the effects of economic variations on credit risk.
  • Enhance credit risk and underwriting models and scorecards.
  • Maintain constant surveillance on the credit risk linked with existing clients and formulate plans to handle exposure.
  • Create model documentation, collaborating with model risk management to put in place credit risk models and scorecards.
  • Analyze financial statements, credit reports, and other pertinent data meticulously to judge the creditworthiness of potential clients.
  • Produce reports and presentations detailing credit risk and strategies for risk mitigation for management assessment.
  • Work closely with cross-functional teams, such as risk management, model risk management, operations, and compliance.
  • Stay abreast of industry trends, changes in regulations, and best practices to consistently improve fraud prevention strategies.

Skills Required:
  • Bachelor's degree in engineering, technology, computer science, or a related field. A Master's degree or certifications in fraud examination or risk management would be advantageous.
  • At least 3 years of proven experience in data analytics in Model development, risk management, or a related area.
  • Proficiency in Python/Pyspark, SQL, and visualization tools like Power BI, Tableau, and Qlikview.
  • Familiarity with risk models, risk assessment techniques, and regulatory adherence.
  • Outstanding communication and presentation abilities to articulate complex information clearly and succinctly.
  • Detail-oriented with a proactive approach to problem-solving and risk alleviation.
  • Capability to collaborate effectively in a team comprising various functions.

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