An AI agent that applies to roles like this on employers' own sites. 25 applications free, no card needed.
Job Description
Lead - Credit Risk Modelling - Consulting
Role:
- The Company provides specialist advisory services across credit risk modelling, model validation, IFRS 9 implementation, portfolio analytics and regulatory risk management to financial institutions and corporate clients.
- Develop and review credit risk models using Excel - based rating agency frameworks, Python and statistical techniques including logistic regression, decision trees and ensemble methods.
- Build and enhance IFRS 9 expected credit loss models, including PD, LGD, EAD and CCF components across both simplified and general approaches.
- Develop roll - rate - based PD models using customer - level receivables data, portfolio - level data and ageing cohort analysis.
- Apply advanced methodologies including TTC - to - PiT conversion, Vasicek modelling, survival PDs and term PD structures.
- Conduct credit risk model validations aligned with OCC 2011 - 12 guidance and Basel requirements.
- Perform parameter - level validation including WoE, IV analysis, backtesting and out - of - time performance testing.
- Evaluate statistical, scorecard and hybrid risk models to ensure analytical integrity and regulatory compliance.
- Serve as a subject matter expert in client discussions, supporting solution design, proposal development and project delivery.
- Translate client requirements into practical modelling approaches and commercially relevant analytical outputs.
- Identify opportunities to expand client engagements through value - added risk advisory solutions.
- Support the development of the wider Advisory team's credit risk modelling and validation capability through mentoring, coaching and knowledge sharing.
- Create reusable modelling templates, validation frameworks and best - practice guidance to improve consistency and efficiency.
- Help colleagues develop expertise in statistical modelling, IFRS 9/ECL methodologies, model validation standards and emerging AI - related risk concepts.
Requirements:
- 7 - 12 yrs of hands - on experience in credit risk model development, model validation, IFRS 9/ECL modelling, credit analytics or related risk advisory functions.
- Strong proficiency in Excel and Python for statistical analysis (logistic regression, decision tree, ensemble methods), model development and validation.
- Deep understanding of credit risk methodologies, scorecard development, rating frameworks, model lifecycle management and regulatory model governance.
- Demonstrated ability to independently manage complex analytical projects and client engagements.
- Strong stakeholder management and communication skills, with the ability to explain complex technical concepts clearly.
- Experience in ECL modeling using both simplified and general approaches as per IFRS guidelines.
- Experience of TTC to PiT conversion using Vasicek models.
- Knowledge of EXCEL and Python libraries for multivariate/ statistical modeling.
- Some exposure to AI models in context of credit risk.
- Additional experience in stress testing, reverse stress testing and scenario - based portfolio analytics will be preferred.
Skills
Credit RiskRisk ManagementRisk AnalyticsModel ValidationPythonRisk ModelingComplianceRegulatory ComplianceRegulatoryRisk ManagementRisk MethodologiesRisk AdvisoryCredit RiskIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
About Company
Similar Jobs
View allNew Risk Management & Compliance roles in Mumbai.
One email a day. Unsubscribe any time.

