Credit Risk Model Development

Kriyah Consulting; Gurugram District, Bengaluru, Pune City; Hybrid; INR 4,00,000 - 8,00,000; Full time

Job summary

An innovative consulting firm seeks a Credit Risk Analyst to enhance its credit risk management capabilities. In this pivotal role, you will develop and execute stress testing models, ensuring the organization can effectively navigate economic challenges. You will collaborate with risk modeling teams, analyze extensive datasets, and maintain documentation for regulatory audits. This position offers a unique opportunity to work with cutting-edge methodologies and contribute to the financial stability of the organization. If you have a passion for data analysis and regulatory frameworks, this role is perfect for you.

Qualifications

• 1-4 years of experience in credit risk management or financial modeling.
• Hands-on experience with regulatory stress testing frameworks.

Responsibilities

• Develop and execute credit risk stress testing models and frameworks.
• Analyze large datasets to identify trends and performance gaps.

Skills

Credit Risk Modeling

Statistical Analysis

Data Analysis

SAS

SQL

Regulatory Knowledge

Education

Bachelor's Degree in Finance or related field

Tools

SAS

SQL

Job description

Role & responsibilities :

• Credit Risk Analyst will play a critical role in developing, executing, and refining credit risk stress testing models and frameworks to ensure that the organization is well-positioned to manage and mitigate credit risk under various economic and financial scenarios.
• Hands on Model Development experience
• Focus should be more on Regulatory model development and NON regulatory model development + SAS
• End to end model development experience
• Credit Risk Stress Testing: Develop and execute stress testing frameworks to assess credit portfolio vulnerabilities under adverse scenarios. This includes scenario design, data collection, model execution, and result interpretation.
• Model Development: Collaborate with risk modeling teams to enhance stress testing models, including probability of default (PD), loss given default (LGD), and exposure at default (EAD) models.
• Data Analysis & Reporting: Analyze large datasets to identify trends, risks, and performance gaps.
• Scenario Analysis: Create customized stress scenarios for specific market and credit risk factors such as changes in interest rates, unemployment, or housing market conditions.
• Documentation & Validation: Maintain thorough documentation of stress testing methodologies and validation efforts for both internal and regulatory audits

• Regulatory Knowledge:
• Familiarity with global regulatory requirements (e.g., Basel III, IFRS 9, HKMA, MAS, CCAR, CECL ) related to credit risk stress testing.

Preferred candidate profile

• Proficiency in statistical and data analysis software (e.g., SAS, SQL).
• Strong knowledge of credit risk modeling, including PD, LGD, and EAD frameworks.
• Experience with SQL and other data querying tools is a plus.
• 1-4 years of experience in credit risk management, stress testing, or financial modeling, preferably in the banking or financial services sector.
• Hands-on experience with regulatory stress testing frameworks (CCAR, DFAST, CECL) is highly desirable.
• Candidates with experience on Credit Cards analytics or Any other lending strategy experience will also work