Assistant Director/Director

3 weeks ago


Bengaluru, Karnataka, India Aniaaz Consulting Full time

We are seeking an experienced Lead Model Developer with exceptional expertise in credit risk modeling, especially the wholesale portfolio (banks, corporate, specialized lending, real estate, non-banking). The ideal candidate will bring deep domain knowledge and advanced technical skills to drive sophisticated credit risk modeling initiatives across wholesale portfolios.

Position Details:

Location: Bangalore, India

Experience Level: 10+ Years

Employment Type: Full-time

Key Responsibilities:

- Lead end-to-end development of advanced credit risk models, including PD, EAD, LGD models compliant to IRB Standards

- Conduct comprehensive data preparation, preprocessing using tools including SAS, Python, R, and SQL

- Design, build, calibrate and implement robust credit risk models across wholesale portfolios with rigorous User Acceptance Testing (UAT)

- Collaborate with cross-functional stakeholders to analyze, interpret, and communicate complex model results and insights

Develop comprehensive technical documentation including:

- Model documentation

- Business Requirements Documents (BRD)

- Validation reports

- Regulatory compliance documentation

Drive continuous model improvement through:

- Identifying optimization opportunities; Implementing advanced modeling techniques; Enhancing model performance and predictive accuracy

- Provide mentorship and technical guidance to junior team members, fostering a culture of knowledge sharing and professional development

Required Qualifications:

- 3 to 8 years of hands-on experience in credit risk model development

- Proven expertise in modeling across wholesale/LDP credit portfolios

- Advanced proficiency in: SAS, Python, R, SQL

- Strong knowledge of capital models (IRB approach)

- Exceptional analytical and problem-solving skills

- Excellent written and verbal communication abilities

Preferred Qualifications:

- Advanced degree in Statistics, Mathematics, Economics, or related field

- Professional certifications in risk management or financial modeling

- Experience with machine learning and advanced statistical modeling techniques

- Knowledge of Basel regulatory requirements

(ref:iimjobs.com)

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