Assistant Manager - Credit Risk and Analytics - Mumbai

BDO India; Mumbai; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

BDO India is seeking an Assistant Manager - Credit Risk and Analytics to lead and deliver advanced credit risk analytics projects for banks, NBFCs and corporates. The role emphasizes IFRS 9, ECL calculations, ICAAP reviews and stress testing with strong SQL, SAS, Python and R skills.

You will mentor delivery teams, design project plans, manage client expectations, and provide senior updates to business leaders. A strong consulting mindset and leadership are essential.

Qualifications

• Advanced degree in Finance, Economics, Statistics, Data Science, or similar.
• Certifications: FRM, CFA, PRM, or equivalent.
• Credit Risk Modelling: PD, LGD, EAD, IFRS 9, ECL, and stress testing.
• End-to-end model development/validation lifecycle.
• Proficiency in SQL, SAS, Python, R.
• Data handling: large datasets for modelling.
• Consulting/Project management: stakeholder and team management.
• Strong report writing and presentation skills.
• Leadership to guide teams and mentor.

Responsibilities

• Independently lead and manage consulting engagements covering ICAAP reviews, IFRS9, ECL, and credit risk analytics.
• Demonstrate knowledge of loan products across wholesale, auto, personal, mortgage, and education loans.
• Apply default and recovery rate modelling concepts (roll rate, PD, LGD, Markov chains).
• Lead day-to-day project execution for client engagements.
• Lead hiring and mentoring to grow the delivery team.
• Design and monitor detailed project plans for engagements.
• Report updates to business unit leaders on an ongoing basis.

Skills

Stakeholder management

Team leadership

Project management

Communication skills

Data handling

Education

Master’s/PhD in Finance or related field

Tools

SQL

SAS

Python

R

Job description

Assistant Manager - Credit Risk and Analytics

(IFRS9, Provisions, ECL, ICAAP, Credit Loss, Credit Risk, Analytics, Python, SQL, Stress Testing)

• Candidate with a right mindset to grow with the firm. We need candidates who can align themselves with the growth trajectory of the firm.
• Ability of multi-task, challenge the status-quo, quick learners
• ICAAP Experience is preferred

Role:

• Independently lead and manage consulting engagements with leading banks, financial institutions, NBFCs, insurance companies and corporates covering areas such as ICAAP reviews, IFRS 9 model development, ECL computation, enhancing the approach to ECL and provisions along with other credit risk areas
• Demonstrate knowledge to banking, NBFC, corporate and insurance companies on various loan product and their characteristics including wholesale loans, auto loans, personal loans, mortgage finance, education loans, etc.
• Demonstrate knowledge of concepts related to default and recovery rate modelling including roll rate analysis, periodic default rates, statistical methods including regression models, Markov chains, etc.
• Lead and drive day-to-day execution of client projects.
• Lead hiring and mentoring initiatives to expand and upskill execution and delivery team for engagements
• Design and monitor detailed project plans for assigned engagements
• Directly report and provide detailed updates to business unit leader for all assigned engagements on an on-going basis

Requirements:

• Advanced Degree: Master’s/PhD in Finance, Economics, Statistics, Data Science, or similar.
• Certifications: FRM, CFA, PRM, or equivalent.
• Credit Risk Modelling: Experience with PD, LGD, EAD, IFRS 9, ECL, and stress testing.
• Model Development/Validation: End-to-end experience with model development/validation lifecycle.
• Technical Skills: Proficiency in SQL, SAS, Python, R.
• Data Management: Experience handling large datasets for modelling.
• Consulting/Project Management: Stakeholder and team management.
• Communication Skills: Strong report writing and presentation skills.
• Leadership: Ability to lead teams, provide technical guidance, and mentor.