Chief Risk Model Developer

1 day ago


Vellore, Tamil Nadu, India beBeeRiskManagement Full time ₹ 1,50,00,000 - ₹ 2,00,00,000

The Wholesale Rating Models Development Lead will oversee the creation and validation of wholesale risk models, collaborating with the Head of Risk Analytics and Capital Management to establish best practices in model development.

Key Responsibilities:
  • Leadership: Establish a Centre of Excellence for wholesale rating models, contribute to thought leadership, and ensure adherence to model development best practices.
  • Stakeholder Engagement: Develop presentations, engage with senior management, board-level committees, and stakeholders across the credit lifecycle, and review financial spreading logic.
  • Technical Delivery: Design end-to-end processes for development, validation, and lifecycle management of wholesale rating models, develop and validate various models, and explore new approaches for rating model development.
  • Team Leadership: Mentor and lead a team of modelers and consultants, drive capability building, and facilitate continuous learning within the team.
  • Model Monitoring: Determine monitoring goals, implement monitoring tools, and regularly review and improve model performance processes.
  • Climate Risk Analysis: Develop statistical climate risk models, integrate economic and social data, and assess potential impacts on identified financial risks.
Requirements:
  • Strong foundation in Statistics and Mathematics, hands-on experience in developing and validating wholesale rating models, and deep understanding of model lifecycle best practices.
  • Proficiency in programming languages R and Python, data analysis, and visualization using Excel and PowerPoint, and knowledge of other relevant tools or platforms.
  • Hold a degree in Statistics, Mathematics, Computer Science, Quantitative Finance, Economics, Engineering, or a related field.
  • Passionate about risk management, excellent communication skills, and ability to convey complex technical concepts clearly to both technical and non-technical stakeholders.


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