Description
Job description for the role of Risk Modeler
- Model development/validation/audit/review primarily for one or more credit loss forecasting models in either retail or wholesale domain primarily for CECL/CCAR/DFAST reporting including PD/EAD/LGD component models.
- Validation process involves understanding of development document, testing, and benchmarking using SAS, and report writing.
- The following accountability apply to the most roles and decision science at this level but there may be some variation depending on specific role in the team:
- Very good knowledge of statistical techniques such as clustering, segmentation, ranking, correlation, or regression etc.
- Use sophisticated statistical techniques to develop scorecards, customer segmentation schemes, profiles, and other analytically based tools in day-to-day operations.
- Ability to recognizing information and patterns in data that are not obvious, and focusing analytical efforts in pursuit of explanations, isolations of cause and effect.
Accountabilities:
- Provide analytical support for different types of modelling tasks and projects, including model developments.
- Work independently on variety of analytical tasks and projects during the production of model monitoring report, validations, and collaborations.
- Work on projects to support initiative across decision science.
- Work and build wrap rapport with business contacts, communicating analysis clearly and delivering out to agreed plans and time scales.
- Take ownership and provides technical leadership to more Junior Analysts in the team.
- Support model implementation and testing.
- Comply with policies and apply best practises to all aspects of work.
- Deputise for manager when required.
- Act in line with the groups value and behaviours, Skills, knowledge, and experience
- Degree with quantitative content or equal skills derived from experience.
- Experience extracting, manipulating, and drawing insight from the data
- Experience of working on design, development, and validation of credit risk models
- excel SAS, SQL, or similar experience
- demonstrates initiative and problem-solving skills
- good organisational and project management skills and ability to deliver tasks and project to deadlines
- good written and verbal communication and presentation skills and ability to build report with the stakeholders to suggest the solution and communicate the impacts
- good knowledge of the fundamental principles of banking credit Risk management and economics
- technical leadership and coaching
- practical application of statistical modelling techniques and technical methods
- Experience of building and maintaining stakeholder relationships
Employer details:
The prospective employer is the Large Global IT Services giant. Provides opportunity for better performance, Reliability, Security, and Flexibility with good Bonus and Benefits Structure and have a good work Culture that everyone loves to work with.
We (Avance Consulting Services) are one amongst the UK's fastest growing talent acquisition companies. Head quartered in London, we are a global reach agency with a large presence in India (Gurgaon and Hyderabad) and United Arab Emirates (Dubai).
Risk Modeler opportunity is urgent and immediate please apply before it gets closed!