Manager, CIB Model Development
- Bangalore, Karnataka
- Permanent
- Full-time
- Develop credit risk IRB, IFRS9 and Pillar 2 Stress Testing models for the measurement of PD, EAD and LGD for the wholesale portfolio.
- Support continuous improvement efforts through research on techniques, process and domain.
- Execute end to end model development steps. The responsibility will also include efforts on data preparation, documentation, presentation and maintaining minutes of key decisions made during the development lifecycle.
- Adopting best coding standards and automation to help create coding repositories for various methods used across modelling team.
- Ensure that models are fit for purposes not only for regulatory estimates but also for daily business usage, underwriting decisions, risk appetite decisions and strategy design.
- Participate in relevant model implementation and its user acceptance test to ensure models are appropriately implemented not only within the direct system environment but also its relevant downstream environments.
- Lead through example and demonstrate the bank's culture and values.
- Master's degree in Quantitative Discipline (e.g. Mathematics, Statistics, Economics, Financial Engineering, Engineering).
- 3- 5 years of relevant work experience in a (Bank or Big 4 Consulting- preferred)
- Knowledge of Regulatory and Risk management (e.g. Basel, IFRS9, Stress Testing, ECL, etc) Experience of working in Wholesale Lending Risk Analytics will be an advantage.
- Strong communication skills.
- SAS, Python, R
- Statistics
- Proficiency in SAS / R / Python or other statistical package
- Knowledge of Basel / CRR / EBA and IFRS 9 regulations
- Machine learning techniques
- Analytical
- Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
- Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
- Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
- Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
- Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
- Flexible working options based around home and office locations, with flexible working patterns.
- Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
- A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
- Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.