Credit Risk-validation
3 weeks ago
**Job Category**:Credit**Experience**:4-10 Years**Salary**:Not Disclosed**Job Type**:Full Time**Location**:Gurugram**Company**:OakNorth IndiaOakNorth India has been at the core of the group’s global operations since its founding in 2015. With over 500 (and growing) colleagues spread across our offices in Bengaluru, Gurugram and Hyderabad we are helping redefine commercial credit. Our team constitutes some of the best credit minds in India, along with world-class engineers, credit professionals and data scientists who integrate into a global team helping drive not just faster lending by OakNorth Bank in the UK, but also developing and honing the next generation ON Credit Intelligence Suite that is transforming commercial lending globally. Over the past seven years in India, we’ve built an incredibly strong culture that empowers, supports and champions ambition. Characterized by collaboration and driven by diversification, we don’t let different time-zones or cultures get in the way of success. Our mantra is ‘one team’, no matter where we are or what we do. This allows us to directly impact and improve business outcomes, professional ambitions and fulfil our vision to support ambitious entrepreneurs globally.
**Job Requirements -**
- 4-10 years of relevant experience at a financial institution or a consulting firm, preferably on a Quant/ Data Science role in a data-rich environment
- Preferably Master’s degree in a quantitative field such as Statistics, Mathematics, Operations Research, Economics, or Finance, or equivalent
- Experienced in developing/validating credit risk - PD/LGD/EAD/Stress testing models
- Experienced in provisioning as per IFRS9 implementation for banks
- Proficiency in programming and Advanced Statistical Techniques
- R/SAS/Advanced excel
- Analytical thinking, quantitative abilities and problem-solving skills
- Understanding of risk management concepts like Stress-Testing, regulatory frameworks for Risk Management
- Attention to detail and ability to prioritize projects and workload
- Self-motivated team player who brings a “can-do” approach
- Ability to work well under pressure in a fast-paced team-oriented environment
- Strong communication skills; ability to present complex and technical issues clearly, both verbally and in writing
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