Credit Risk & Analytics - PD, LGD, EAD, IFRS 9, ECL, ICAAP - Mumbai

BDO India; Mumbai; On-site; INR 1,500,000 - 2,700,000; Full time

Job summary

BDO India is seeking a Credit Risk and Analytics professional to independently lead consulting engagements with banks, NBFCs, insurers, and corporates. The role involves IFRS 9 modelling, ECL computations, and provisioning enhancements across diverse portfolios.

Ideal candidate holds an advanced degree in finance-related fields and relevant certifications; strong SQL/SAS/Python/R skills are required for large-scale data analysis and modelling.

Qualifications

• Advanced degree required (Masters/PhD) in finance, economics, statistics, data science, or similar.
• Strong knowledge of credit risk modelling (PD, LGD, EAD, IFRS 9, ECL).
• Proficiency in SQL, SAS, Python, and R for data handling and modelling.

Responsibilities

• Independently lead and manage consulting engagements with banks, NBFCs, insurers and corporates.
• IFRS 9 model development, ECL computation, and provisioning improvements.
• Lead day-to-day project execution and mentor execution/delivery team.
• Design and monitor project plans; report updates to business unit leader.

Skills

SQL

SAS

Python

R

Education

Master’s/PhD in Finance, Economics, Statistics, Data Science, or similar

Certifications: FRM, CFA, PRM, or equivalent

Job description

About Us

BDO is a global network of professional services firms with a presence in over 166 countries, revenue of over USD 14 billion, and experience of over 60 years. It’s a leading service provider for the mid-markets with client service at its heart.

BDO India Services Private Limited (or ‘BDO India’) is the India member firm of BDO International. BDO India offers strategic, operational, accounting and tax, and regulatory advisory & assistance for both domestic and international organizations across a range of industries. BDO India is led by more than 300+ Partners & Directors with a team of over 10,000 professionals operating across 14 cities and 20 offices. We expect to grow sizably in the coming 3-5 years, adding various dimensions to our business and multiplying and increasing the current team size multi-fold.

JD - Credit Risk and Analytics

Experience: 1 – 5 Years

• 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

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,
• Demonstrate knowledge of concepts related to default and recovery rate modelling including roll rate analysis, periodic default rates, statistical methods including regression models,
• 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.

Keywords: # IFRS9, Provisions, ECL, Credit Loss, Credit Risk, Analytics, Python, SQL, ICAAP, Stress Testing