Consultant - Credit Risk Modelling

Job Title: Credit Risk Modelling Consultant
Location: Bangalore / Mumbai (Hybrid)
Employment Type: Contract
Industry: Banking & Financial Services
Experience Required: 8+ Years

About the Role :

We are looking for a highly skilled Credit Risk Modelling Consultant to join our banking client on a contract basis. The ideal candidate will be a subject matter expert in credit risk with strong experience in model development, validation, and regulatory frameworks such as Basel and IFRS 9.
Key Responsibilities :
- Develop, validate, and maintain PD, LGD, and EAD models
- Build and enhance internal rating models and scorecards (A-Card/B-Card)
- Conduct stress testing, back testing, benchmarking, and sensitivity analysis
- Design and implement Early Warning Systems (EWS)
- Monitor and manage credit portfolio risk and concentration risk
- Define and track credit risk limits
- Support ICAAP processes and regulatory reporting
- Ensure adherence to risk governance, audit, and compliance standards
- Collaborate with stakeholders across risk, finance, and business teams
Core Skills & Expertise :
Credit Risk Modelling : PD, LGD, EAD, Scorecards, Internal Ratings

Risk Frameworks : Stress Testing, ICAAP, Model Validation
- Portfolio Risk Management & Credit Analytics
- Regulatory Knowledge
Strong understanding of:
- Basel II / III / IV
- IFRS 9
- Risk Governance & Compliance
- Analytical & Technical Skills
Statistical Techniques:
- Logistic Regression
- Survival Analysis
- Decision Trees
- Machine Learning
- Time Series Analysis
- Model Calibration
- Programming & Tools:
- Python, SQL, Excel/VBA
- Platforms & Tools Experience
- OFSAA
- SAS Credit Risk
- Moody's Analytics
- FIS Risk Solutions
- Experian
- Banking Domain Experience
- Corporate Banking
- Retail Banking
- SME Banking
Eligibility Criteria :

- 7+ years of experience in Risk Modelling
- 5+ years of hands-on experience with Python
- Minimum 1+ year in Credit Risk Management
Ideal Candidate Profile :

- Strong quantitative and analytical mindset
- Proven experience in model development, validation, and implementation
- Deep understanding of Basel & IFRS 9 frameworks
- Excellent stakeholder management and communication skills
- Ability to work in a fast-paced, consulting-driven environment