Credit risk modeling - 6 months contract

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Operating in 32 countries | 5,500+ Employees
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Job Title: Credit Risk Modeling, IFRS9, SAS
Location: Remote (India)
Type: 6 months Contract (Payroll from Net2 Source)
Responsibilities:
Responsible for the development, implementation and maintenance of credit scoring models/assessment tools, strategies and capital estimate modeling of PD, LGD and EAD that apply to retail portfolios across life cycle
End-to-end support towards retail ICAAP including climate risk scenarios in line with CB regulations
Maintenance and constitution of underlying risk data required for the risk management activities involving IFRS9/Basel calculations, Risk analytics/Capital management and Portfolio management
Provide required data for Audit queries and Compliance teams
Monitor, Document and communicate the functionality of credit risk methods & models to various stakeholders
Provide recommendations to update the model based on latest data and analysis
Prepare / support Basel team on regulatory reports relating to retail credit portfolio in line with internal & regulatory requirement
Assist in implementation of IFRS 9, development of Basel models for the entire retail portfolio
Deploy the models on rating system and work with IT for effective maintenance of the scoring related information
Identify analytical opportunity across credit life cycle – Acquisition, Portfolio Management and Collection
Mandatory Skills:
Minimum 5 years hands on experience in model building methodologies, implementation and compliance.
Expert knowledge of credit scoring techniques
Deep understanding of banking products and credit management concepts and methodologies
Ability to construct and maintain complex data structures for comprehensive risk management
Degree in Quantitative / Statistics / Actuarial Science / Mathematics (Finance exposure would be a plus);
Strong analytical, numerical, research and problem-solving skills
Advanced statistical software skills (e.g. SAS)
Proficient in MS Office, Experience in SQL
Experience in open source scripting such as Python/R
Experience in working with big data such as Hadoop
About Net2 Source Inc.
Net2 Source offers global staffing solutions and enterprise-scale recruitment support.
Recognized by INC 5000 & SIA
Global offices: UAE | USA | India | UK | Singapore | Canada | ANZ
We support inclusive hiring practices in accordance with UAE labor law.
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