Chief Risk Modeling Officer

1 day ago


Vellore, Tamil Nadu, India beBeeLeadership Full time ₹ 2,50,00,000 - ₹ 3,50,00,000

The role involves overseeing a team responsible for developing and implementing risk management models.

Key Responsibilities:
  • Establish and scale a Centre of Excellence for Wholesale Rating Models from scratch.
  • Contribute to best practices in model development and validation, staying updated on latest regulatory and industry updates.
  • Develop innovative solutions to improve model design considerations.
  • Communicate effectively with Senior Management and Board-level committees through presentations.
  • Engage with multiple stakeholders across the credit lifecycle: Limit Management, Collateral Management, RAROC, Customer Rating.
  • Design and implement an end-to-end process for development, validation, and lifecycle management of Wholesale Rating Models.
  • Develop and validate Corporate/Wholesale Rating Models, exploring new approaches for rating model development for low default portfolios.
  • Calibrate Master Rating Scale (MRS).
  • Lead a team of modelers and consultants, driving capability building and continuous learning.
  • Determine expected performance of respective models on historical data, outlining goals of model monitoring.
  • Implement monitoring tools to assess model performance continuously, communicating results to stakeholders.
  • Develop statistical climate risk models integrating economic and social data to understand climate risks' impact.
  • Develop different climate scenarios and assess potential impact on identified financial risk.
  • Develop adaptation strategies to mitigate relevant risks based on statistical models.
Requirements:
  • Possess strong leadership skills, including ability to mentor and lead a team.
  • Demonstrate expertise in risk management and quantitative modeling.
  • Show proficiency in communication and presentation skills.
  • Display ability to work independently and collaboratively as part of a team.
Benefits:

The successful candidate will have opportunities for career growth and professional development.

Other Opportunities:

The organization offers a dynamic and supportive work environment, fostering innovation and collaboration among employees.


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