Stress Modeller

Job title Enterprise Risk - Stress Modeller Location Mumbai Experience 5-10 years Job Duties The role will require working as part of the Enterprise Risk team to provide support for developing and maintaining economic capital models, undertaking entity-wide stress testing and scenario analysis, and conducting group-wide portfolio risk analysis across business lines. Key responsibilities include: n Support Enterprise Risk Analytics team with modelling expertise in executing the stress testing, analytics, and portfolio management. n Supporting delivery of current stress testing processes including development and maintenance of entity-wide stress testing scenario analysis for market risk, credit risk and counterparty credit risk, and reverse stress testing scenarios n Analysing and documenting current stress testing processes and proposing improvements wherever necessary n Coordinating stress testing requests and instructions and communicating with various stakeholders including leading the coordination of Stress Testing Committees and supporting the delivery of firm’s stress testing programme n Analysing results and producing material for senior management sign-off, internal committees and regulatory submissions n Supporting development and maintenance of economic capital models which feed into the enterprise-wide capital adequacy assessment Qualification Mathematics Engineering, Economics or Quantitative Finance background. Professional qualifications (e.g. CFA, CQF, risk certification - FRM or PRM) and analytical background preferred. Skills Required n Experience working on stress testing execution projects within banking institutions n Experience working on similar projects and strong understanding of and/or experience in stress testing processes, risk management frameworks, economic capital models, capital planning, risk taxonomies and risk appetite calibration n Knowledge of stress testing regulatory requirements (including UK and EU prudential regulatory requirements) and related-industry practices. n Experience in market risk, credit risk, counterparty credit risk or liquidity risk processes, experience in or knowledge of various asset classes, derivatives products and risks involved n Experience in constructing tactical and strategic tools for stress testing execution n Experience with business analytics software (Tableau, PowerBI, etc.) n Effective stakeholder management, experience in facing senior business stakeholders n Excellent documentation skills and self-organizing capabilities n Independent and able to work with little supervision n A team player, comfortable working in a dynamic and evolving environment n Excellent stakeholder communication and presentation skills. n Ability to define and document procedures and training to support adoption of changes and embedding within the business n Strong academic background with a Master’s or Bachelor’s degree in Finance, Economics, Engineering, Science, Financial Engineering, Statistics or Mathematics with professional certifications like CFA, CQF, FRM, PRM About CRISIL GR&RS: Global Research & Risk Solutions is the world's largest and top-ranked provider of high-end research and analytics services. We are the world's largest provider of equity and fixed income research support to banks, and the foremost provider of end-to-end risk and analytics services to trading and risk management functions at world's leading financial institutions. We provide corporate research and analytics solutions to operations, strategy, and sales and marketing teams of corporations globally. Coalition provides analytics and business intelligence to 14 leading global investment banks. We operate from 8 research centers in Argentina, China, India and Poland, working with clients across time zones and languages. Being part of CRISIL enables us to attract and retain top quality talent. We have over 2,300 employees, 75% of whom hold advanced degrees in finance, accounting and management. We employ the largest number of CFAs and CFA aspirants in India. We have won top honours at the World HR Congress on Talent Management and HR Project for the year 2015. We have also won the NASSCOM Exemplary Talent Practices Award (NExT Practices) for skill development for two years in succession in 2011 and 2012. The award recognizes us as a firm that has the vision to proactively invest in its people and get them future-ready. We are committed to delivering cutting-edge analysis, opinions, and solutions. This underscores our proposition of being the best people to work with.