Website Crescendo Global Leadership Hiring India Pvt Ltd
Role Overview:
Are you an experienced Credit Risk Model Developer with expertise in IRB (Internal Ratings-Based) Modelling and wholesale credit risk portfolios? We are looking for a skilled professional to develop, calibrate, and implement advanced credit risk models while supporting regulatory compliance under the Basel IRB framework.
Responsibilities:
– Develop and enhance Probability of Default (PD) models in compliance with IRB regulatory standards.
– Perform data extraction, data preparation, preprocessing, and statistical analysis using Python, R, and SQL.
– Design, build, calibrate, validate, and implement robust credit risk models across wholesale/LDP portfolios.
– Perform User Acceptance Testing (UAT) and support successful model implementation.
– Collaborate with cross-functional stakeholders to analyze, interpret, and communicate model outputs and business insights.
– Prepare technical documentation including Model Documentation, Business Requirement Documents (BRDs), Validation Reports, and Regulatory Compliance Documentation.
– Identify model enhancement opportunities and implement advanced modelling techniques to improve predictive accuracy and model performance.
– Ensure adherence to Basel regulations and IRB capital modelling requirements.
Requirements:
– Bachelor’s or Master’s degree in Statistics, Mathematics, Economics, Finance, Engineering, or a related quantitative discipline.
– 5+ years of hands-on experience in Credit Risk Model Development.
– Strong experience in IRB Model Development for Wholesale/LDP credit portfolios.
– Expertise in PD, LGD, and EAD model development.
– Strong programming skills in Python, R, SQL, and preferably SAS.
– Strong understanding of Basel regulations and the IRB regulatory framework.
– Experience in statistical modelling, data preprocessing, and machine learning techniques.
– Excellent analytical, problem-solving, communication, and stakeholder management skills.
What is in it for you:
– Opportunity to work on large-scale credit risk modelling and regulatory capital initiatives.
– Exposure to advanced statistical modelling, machine learning, and Basel regulatory frameworks.
– High-impact role with strong learning and career progression opportunities.
– Collaborative and performance-driven work environment.
To apply for this job please visit www.iimjobs.com.
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