Assistant Vice President, Loss Forecasting and Stress Testing Analytics

Jobtailor; Gurugram District; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Jobtailor is seeking a senior risk analytics professional to independently execute quarterly loss and loan loss reserve forecasting for retail card portfolios, including CCAR, QMMF and Recovery Plan deliverables.

You will collaborate with Risk Modeling, Portfolio Forecasting and Finance teams, review model outputs, and challenge assumptions based on portfolio and macroeconomic trends. Strong econometric skills and data science experience are essential.

Qualifications

• 7+ years in financial services, analytics or consulting.
• Understanding of risk management.
• Experience with CCAR/DFAST/stress testing is preferred.

Responsibilities

• Execute quarterly loss / loan loss reserve forecasting and stress testing for retail portfolios (CCAR, QMMF, Recovery Plan).
• Manage governance activities like Manager Control Assessment and End User Computing.
• Collaborate across teams to review model outputs and align with macro trends.
• Understand reserves, P&L components, and CECL impact on CCAR results.
• Perform complex risk policy analytics to size impacts of policies on loss performance.

Skills

Risk management

CCAR

DFAST

Stress testing

Forecasting models

Data science

SAS

Essbase

MS Office

Tools

SAS

datacube/Essbase

MS Office

Job description

• Work independently to effectively execute Quarterly loss / loan loss reserve forecasting and stress testing processes (CCAR, QMMF, Recovery Plan) deliverables for one or more retail portfolios with primary focus on NA cards.
• Associated governance activities (Manager Control Assessment, End User Computing, Activity Risk Control Monitoring and its Assessment Units).
• Cross-portfolio and cross-functional collaboration on loss / loan loss reserve forecasting and stress testing analytics.
• Assist in review and challenge of existing models, and model outputs to identify areas of improvement relative to portfolio & macro-economic trends.
• Understand the calculation of reserves, components of P&L, and the impact of CECL on CCAR results.
• Collaborate with other teams like Risk Modeling, Portfolio & New Account Forecasting, Data Reporting and Finance.
• Perform complex risk policy analytics in terms of sizing the impact of credit/business/regulatory policies on loss performance and incorporate it into the stress testing process.
• Execute information controls (version control, central results summary) to meet business objectives with utmost clarity.

Requirements

• 7+ years work experience in financial services, business analytics or management consulting.
• Understanding of risk management.
• Knowledge of credit card industry and key regulatory activities (CCAR) is a plus.
• Experience in CCAR / DFAST/Stress Testing is preferred.
• Strong understanding and hands‑on experience with econometric and empirical forecasting models.
• Experience in data science / machine learning is preferred with ability to handle large datasets.
• Experience in using analytical packages like SAS, datacube/Essbase, MS Office (Excel, Powerpoint).