Credit Modeller

5 months ago

Mumbai, India Investec Full time

Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.
- Job Description

**Team description**
The IFRS9 Modelling Team is responsible for the development and implementation of credit models used for IFRS9 expected credit loss (ECL) estimation for Investec. The team is responsible for taking credit models through the full end-to-end process of model development: from scoping models to model development, model governance, model implementation and model maintenance according to the bank's risk framework.

**Description of role and key responsibilities**
- Responsible for hands-on development, maintenance and implementation of PD, LGD, and EAD for IFRS9 purposes. Minimum 5+ years of hands-on IFRS9/Credit model development experience in both retail and wholesale banking. Experience across multiple asset types or banks is desirable.
- Core responsibility is focused on leading/supporting Model developments (PD, LGD, and EAD) include the development of models as an end-to-end process: Scope model requirements, data reviews, portfolio analysis, model developments, engaging with key stakeholders, creating model documentation, taking models through internal governance process for approval, and supporting the implementation of models.

This role description accurately reflects the key responsibilities and associated skills, knowledge and attributes required for to perform this role at this time. It is the responsibility of the employee and manager, to update this profile, (and store against the employee's record), as responsibilities, required skills and knowledge changes.- As an experienced member of the team, you are expected to proactively contribute to the model development strategy and modelling methodologies to improve Investec's credit risk models.
- Proactively engage with Credit and the Business units to support understanding of Credit Models by providing model training and model support.
- Provide guidance and support for junior members of the team in the development of Credit Models.
- Engage with the internal validation team and external auditors, as part of the model validation and review process.
- Other responsibilities also include: producing annual reviews of models, reviewing the model performance, model calibration, model backtesting, creating supporting analysis on models, and supporting model implementation within the bank's credit risk framework.
- Core skills and knowledge
- Technical Skills:
- Degree / Masters in Statistical, mathematical, financial or economics / STEM Subjects or equivalent
- Strong technical, commercial, and practical understanding of PD, LGD, and EAD Models and how these models are used for provisioning and capital estimation purposes.
- Extensive practical experience with predictive modelling / advanced modelling experience in Python & R. Experience in alternative languages such as SQL, SAS or Matlab will be considered.
- Strong Analytical Skills: Quantitative Problem Solving and Judgements. Ability to analyse, interpret and present complex analytical data, both verbally and in writing. Strong experience in developing practical technical solutions with limited data.
- Experience working with Low Default Portfolios (LDPs) is desirable.
- Model Development and Presentation skills: prepare high-quality analytical papers and present these papers in an effective manner appropriate to the technical audience/stakeholders.
- Ability to communicate complex concepts to non-technical audiences and the ability to build strong client relationships.
- Leadership experience - Some experience in managing/leading small teams/ providing mentorship for Junior modellers (a plus)
- Hands-on experience in programming/coding
- strong programming skills ( Primarily Python, R) and other programming languages are a plus

Soft Skills:
- Significant experience in communicating complex modelling techniques to non-technical key stakeholders, such as senior executives, group credit and heads of business areas.
- Strong teamwork ethics
- Willingness to learn, adapt to change quickly and work proactively
- Self-motivated. Capable of working independently as well as within a team
- Strong Communication Skills (Written, Verbal & Presentation skills)

**Any other attributes that would be helpful, but not essential for the role.**
- Good understanding of Git (GitHub/GitLab) is a plus
- Proficient in Excel, databases/ SQL, and Microsoft Office
- Stakeholder management experience/skills;

Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves

  • Credit Risk Modeller

    2 weeks ago

    Mumbai, Maharashtra, India Acies Full time

    Credit Risk SpecialistEngagement OpportunityWe are seeking a Credit Risk Specialist to join our team at Acies, a leading consulting firm. The successful candidate will have the opportunity to work on credit risk and IFRS 9 modelling engagements with leading banks, financial institutions, NBFCs, insurance companies, and corporates.Key Responsibilities*...

  • Credit Risk Modeller

    4 weeks ago

    Mumbai, Maharashtra, India Investec Full time

    Job Title: IRB Credit ModellerInvestec is a leading Specialist Bank serving clients in the UK and South Africa. Our culture is built on a flat structure with a focus on internal mobility, allowing employees to flourish in their roles. We are seeking a talented IRB Credit Modeller to join our team.Key Responsibilities:Develop and refine IRB credit risk...

  • Associate Credit Risk Modelling

    5 months ago

    Mumbai, India The Edge Asia Full time

    Our client is one of the global reputed MNC’s which provides industry-focused services for clients across geographies. We are currently looking for a skilled professional to join their Credit Risk Modelling team in Mumbai or NCR. **Key responsibilities**: - Conducting specialist reviews and audits of IFRS 9 credit risk models for banking clients in the...

  • IRB Credit Modelling Specialist

    1 week ago

    Mumbai, Maharashtra, India Investec Full time

    At Investec, we're looking for a skilled IRB Credit Modeller to join our team. This role is perfect for someone with a strong background in highly quantitative subjects and hands-on experience in developing PD and LGD models. You'll be responsible for refining IRB credit risk parameters, collaborating with team members to develop credit risk models, and...

  • IRB Credit Risk Modeller

    4 weeks ago

    Mumbai, Maharashtra, India Investec Full time

    Investec's IRB Credit Risk Modeller OpportunityInvestec is a specialist bank serving clients in the UK and South Africa. Our culture fosters innovation and collaboration, making it an ideal environment for professionals who think outside the ordinary.Key Responsibilities:Develop and refine IRB credit risk parameters, collaborating with team members to create...

  • Credit Risk Modelling Expert

    3 weeks ago

    Mumbai, Maharashtra, India Acies Consulting Full time

    Key Responsibilities:We are seeking a highly skilled Credit Risk Modelling Expert to join our team at Acies Consulting. As a Senior Credit Risk Specialist, you will have the opportunity to work on credit risk and IFRS 9 modelling engagements with leading banks, financial institutions, NBFCs, insurance companies, and corporates.Key Responsibilities:Develop...

  • Credit Risk Model Developer

    1 week ago

    Mumbai, Maharashtra, India KPMG India Full time

    About KPMG IndiaKPMG entities in India are professional services firms. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in various locations.Credit Risk RoleKey Responsibilities:Develop and validate credit risk models to predict risk estimates such...

  • IRB Credit Risk Modeller

    3 weeks ago

    Mumbai, Maharashtra, India Investec Full time

    Investec is a specialist bank serving clients in the UK and South Africa. Our culture gives us an edge: we work hard to find colleagues who think out of the ordinary and put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and...

  • IRB Credit Risk Modeller

    3 weeks ago

    Mumbai, Maharashtra, India Investec Full time

    Investec is a specialist bank serving clients in the UK and South Africa. Our culture gives us an edge: we work hard to find colleagues who think out of the ordinary and put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and...

  • Credit Risk Modeling

    5 months ago

    Mumbai, India JPMorgan Chase & Co Full time

    **JOB DESCRIPTION** In this role you will be responsible development of stress test models as part of the annual CCAR (Comprehensive Capital Analysis and Review) / CECL(Current Expected Credit Losses) exercise. You will also have an opportunity to use your experience with econometric/statistical modeling, data manipulation, query efficiency techniques,...

  • Credit Risk Modeling

    5 months ago

    Mumbai, India JPMorgan Chase & Co Full time

    **JOB DESCRIPTION** In this role you will be responsible development of stress test models as part of the annual CCAR (Comprehensive Capital Analysis and Review) / CECL(Current Expected Credit Losses) exercise. You will also have an opportunity to use your experience with econometric/statistical modeling, data manipulation, query efficiency techniques,...

  • Leadership Role in Ibr Credit Modelling

    5 months ago

    Mumbai, India The Edge Asia Full time

    Our client is one of the global banking firms which provides industry-focused services for clients across geographies. We are currently looking for a skilled professional to join their IRB Credit Modelling team in Mumbai. **Key responsibilities**: - Develop PD, LGD, and EAD models and provide support in the development of credit models, resolve any ad hoc...

  • Senior Quantitative Analyst

    3 weeks ago

    Mumbai, Maharashtra, India Riverforest Connections Private Limited Full time

    Lead Credit Risk Modelling TeamRiverforest Connections Private Limited seeks a highly skilled Senior Quantitative Analyst to lead our credit risk modelling team.Key ResponsibilitiesDevelop advanced credit risk models for provisioning and capital requirements using statistical econometric and machine learning techniques.Apply machine learning algorithms and...

  • Department Head

    1 week ago

    Mumbai, Maharashtra, India AEON Credit Service India Private Limited Full time

    About AEON Credit Service India Private LimitedA leading Japanese non-banking financial company based in Mumbai, AEON Credit Service India offers a diverse range of financial products, including personal loans, two-wheeler loans, e-bike loans, and used car loans.We are seeking an experienced leader to head our Credit Control & FCU team in our Mumbai...

  • Department Head

    2 weeks ago

    Mumbai, Maharashtra, India AEON Credit Service India Private Limited Full time

    About AEON Credit Service India:A leading Japanese non-banking financial company, AEON Credit Service India, offers a diverse range of financial products including Personal Loans, Two-Wheeler Loans, E-Bike Loans, and Used Car Loans. We are seeking a dynamic and experienced leader to join our growing team in the role of Department Head - Credit Control &...

  • Department Head

    3 weeks ago

    Mumbai, Maharashtra, India AEON Credit Service India Private Limited Full time

    About AEON Credit Service India Private LimitedA leading Japanese non-banking financial company based in Mumbai, we offer a diverse range of financial products including Personal Loans, Two-Wheeler Loans, E-Bike Loans, and Used Car Loans.We are seeking a dynamic and experienced leader to join our growing team in the role of Department Head - Credit Control &...

  • Financial Manager

    2 weeks ago

    Mumbai, Maharashtra, India Credit Saison India Full time

    About UsCredit Saison India is a leading non-bank financial company (NBFC) in India, established in 2019. We provide innovative financial solutions for individuals, households, and MSMEs, leveraging our tech-enabled model and underwriting capabilities.We are committed to growth and long-term evolution, registered with the RBI and holding an AAA rating from...

  • Irb Credit Modeller

    5 months ago

    Mumbai, India Investec Full time

    Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and...

  • Credit Risk Modeling

    5 months ago

    Mumbai, India JPMorgan Chase & Co Full time

    **JOB DESCRIPTION** If you are intellectually curious and have a passion for driving solutions across organizational boundaries, you may be the perfect fit for our team. **Responsibilities**: - Perform testing and document vendor models as per JP Morgan Chase Firmwide Governance guidelines - Work closely with the senior management team to justify modeling...

  • Senior Quantitative Analyst

    3 weeks ago

    Mumbai, Maharashtra, India Riverforest Connections Private Limited Full time

    Retail Credit Risk Modelling ExpertiseAt Riverforest Connections Private Limited, we are seeking a highly skilled Senior Quantitative Analyst to lead our retail credit risk modelling efforts. The ideal candidate will have a deep understanding of credit risk modelling and the ability to develop advanced models that meet regulatory and risk management...