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Associate Vice President - Stress Testing & Risk Modeling - Credit Risk in Mumbai at Crescendo Global

Date Posted: 6/23/2018

Job Snapshot

Job Description

A exciting leadership role with one of the world's leading Asset Management and Financial services Multinational firm for a professional holding at least 4 years' experience in Stress Testing and Credit Risk - Model development and Validation. Our distinguished client is looking for a smart, dynamic individual willing to grow their career in a pivotal position leading multiple projects across multiple teams of Analytics professionals maintaining and optimizing the firm's Stress Testing framework and methodology in accordance with regulatory requirements. This role demands a blend of skills ranging from strong stakeholder management, team management skills to excellent Data Analysis and Model Development knowledge.

LOCATION: Mumbai 

YOUR FUTURE EMPLOYER: 

A leading, global firm with an illustrious range of financial and asset management services serving different market regions across the globe. 

YOU WILL BE RESPONSIBLE FOR: 

  • Working on developing & enhancing current stress testing framework and methodology and ensure they are compliant with regulators and appropriate for internal risk management in accordance with relevant regulatory requirements & frameworks 
  • Improving current stress testing methodology in particular Scenario RWA & designing methodology to calculate scenario exposure in the context of LPA, ICAAP, and IWST. 
  • Leading multiple projects and have extensive experience in Model Development, Validation, and Calibration, LDP Modeling, Scorecard Development, Economic capital modelling, BASEL III /CCAR norms. 
  • Managing the key stakeholders a strong communication and by explaining at suitable level movement and drivers of the various models and approaches used within Counterparty Credit Risk. 
  • Extensive tactical data analysis and model development for client engagements using a variety of programming languages 
  • Serving as subject matter authority on financial and statistical markets model development and validation expertise

Job Requirements

ARE YOU SOMEONE WITH?

  • An advanced degree in Finance, Mathematics, Econometrics, Engineering or other Quantitative subjects with over 4 -8 years of experience in Stress Testing & Credit Risk model development & validation. 
  • Strong knowledge of regulatory requirements such as SR 11-7, Basel III and CCAR guidelines with experience in various model validation tests like stress testing. 
  • Hands on experience and thorough knowledge of credit risk and derivative products (credit derivatives, OTC products, Swaps, Securitization, CDO's) with relevant banking/financial products experience with strong technical skills. 
  • Knowledge of database and mainstream programs (Access/Excel) and some programming skills (VBA, C++, etc.) is an advantage 
  • Excellent communication skills with strong quantitative and analytical background 

WHAT IS IN FOR YOU?

  • A meritocratic culture with great career progression 
  • Fast track career growth.

DISCLAIMER:

We are an equal opportunity recruitment firm and value diversity in the talent we identify for our clients. We do not discriminate on the basis of race, religion, colour, origin, gender, sexual orientation, age, marital status, veteran status or disability status.

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