Analyst– Credit Portfolio Risk Analytics (CPRA) Retail

HDFC Bank Limited; Mumbai; On-site; INR 1,500,000 - 2,400,000; Full time

Job summary

HDFC Bank Limited seeks an Analyst-CPRA in Mumbai to drive credit portfolio risk analytics, model development, and regulatory reporting. You will build rating and pooling models, estimate risk parameters, and enhance internal rating processes.

The role involves automation projects, cross-functional liaison with Finance, IT and Policy Units, and engagement with senior management. Experience in risk analytics is preferred.

Qualifications

• Post-graduate degree (Statistics/MBA/Economics) with outstanding academic record.
• 1-4 years of professional work experience with a reputed bank or analytics firm in risk management.
• Strong business sense and deep understanding of quantitative risk foundations.
• Strong understanding of Basel and IFRS/INDAS/CECL guidelines.
• Experience with SAS, SQL, R and related tools.
• Excellent interpersonal and communication skills.
• Knowledge of Multivariate Statistics, Econometrics, and Predictive credit risk modelling.

Responsibilities

• Develop statistical/ judgmental models to capture credit risk in underwriting and monitor performance.
• Estimate PD, LGD and CCF for risk management and reporting purposes.
• Develop risk dashboards to monitor portfolio and industry outlook.
• Design early warning triggers using internal/external data and MIS for internal ratings.
• Regulatory reporting per Basel standards and provisioning per IndAS/IFRS/CECL.
• Conduct stress testing on the bank's portfolio and present to senior management.

Skills

Basel knowledge

IFRS/INDAS/CECL

Multivariate statistics

Econometrics

Predictive credit risk modelling

Strong interpersonal communication

Decision trees (CART, CHAID)

Business sense

Education

Post-graduate degree in Statistics / MBA / Economics

Tools

SAS

SQL

R

Job description

Job Name - PA (Business Unit): Analyst- Credit Portfolio Risk Analytics (CPRA)

Job Title : (Job Name)-Analyst-CPRA-Retail

Team : (Sub team in the PA) Credit Portfolio Risk Analytics (CPRA)

Location of role : Mumbai

Job Fn : Model Building/Regulatory Reporting/Risk Estimation/Portfolio monitoring/EWS and Rating Ops

No of direct reportees: NIL

Travel Required: Moderate

• Job Purpose: The person's primary responsibility will be Project implementations through Modeling (rating Models, pooling models, Macro Economic Models), Risk Estimation Computation for the Bank's exposure, Portfolio Monitoring and Internal Rating Ops and Regulatory reporting to RBI.
• The role will involve Projects on Automation and Implementations, Liaising with Finance, Operations, IT and Policy Units, Active engagement with Senior Management

Job Responsibilities(JR) : 6 - 8 Areas

Actionable (4-6)

Work Areas

As part of the Credit Portfolio Risk Analytics (CPRA)team the candidate would be working on:

• Develop statistical/ judgmental models to accurately capture inherent credit risk in underwriting and track model performance on an ongoing basis
• Estimate risk parameters such as PD, LGD and CCF to be used for Bank's risk management and reporting purposes
• Develop Risk Dashboard covering various dimensions to monitor the portfolio, conduct industry analysis and outlook assessment
• Designing of new early warning triggers by tapping various internal/external sources, rollout of various MIS pertaining to internal ratings
• Regulatory reporting as per Basel capital computation standards (Standardized and Advanced IRB approach), provisioning computations as per IndAS, IFRS and CECL guidelines
• Conduct Stress testing on the Bank's portfolio
• Presentation and review with senior management

Educational Qualifications (examples listed below)

Key Skills(examples listed below)

Post-graduate degree (preferably in Statistics or an MBA or Economics degree with a strong quantitative underpinning) from a respected institution with an outstanding academic record.

• 1-4 years of professional work experience with a reputed bank, insurance, other financial firm or analytics firm with at least two years of experience in risk management.
• Candidates must demonstrate both a strong business sense and deep understanding of the quantitative foundations of risk management
• Strong understanding of Basel and IFRS/INDAS/CECL guidelines
• Experience and familiarity with tools like SAS, SQL, R etc
• Strong Interpersonal / Communication skills
• Candidate should have sound knowledge on topics like Multivariate Statistics, Econometrics Analysis, Decision Tress (like CART, CHAID, etc).
• Knowledge of Predictive credit risk modelling

Experience Required(examples listed below)

• Experience of 1+ years & above in credit risk management in wholesale banking from reputed financial house
• Exposure to banking preferable

Major Stakeholders (intra team and cross functional stakeholders, who would need to be interacted with for discharging duties) (examples listed below)