Strategic Model Development Leader
1 week ago
Position: Strategic Model Development Leader
We are seeking an experienced professional to lead our team in developing and maintaining credit risk models. The ideal candidate will have a deep understanding of credit rating methodologies and be able to analyze complex data to inform model development.
About the Role:
This is a senior leadership position that involves intensive interaction with industry leaders, senior bankers, and regulators. As a key member of our team, you will be responsible for leading the development and maintenance of credit risk models, working closely with our analytical team to ensure accurate and reliable results.
Main Responsibilities:
- Closely monitor regulatory policy changes and ensure timely adoption and dissemination of new/revised policies and criteria
- Provide strategic insights to management and work closely with them to prioritize business and rating team information needs
- Liaise with regulators on credit risk rating models and improvements
- Collaborate with the Rating team / Chief Ratings Officer for requirements of the model
- Chair the internal Criteria Committee
- Develop and publish rating transition matrices and default studies per extant regulatory guidelines
- Conduct regular training programs for the analytical team and other stakeholders on all issues relating to model development, scoring templates, and methodologies
Competencies and Skills:
- Strong mathematical ability
- Expertise in statistical techniques and concepts
- Experience using statistical software for analyzing datasets (Excel, SPSS, SAS, etc.) is desirable
- Strong analytical skills with the ability to supervise and guide two separate teams
- Ability to analyze, model, and interpret data with attention to detail and accuracy
- Excellent presentation skills - written and verbal
Salary: ₹1,500,000 - ₹2,000,000 per annum, depending on experience and qualifications.
Benefits:
- Occasional travel across India
- Professional development opportunities
- A dynamic and supportive work environment
Qualification: CA / BTech + MBA from a recognized institute in India.
Experience: 15 – 18 years in similar roles in a Credit Rating Agency / Consulting Firm/ Risk Management in Banks.
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