Intermediate Analyst – Loss Forecasting and Stress Testing Analytics

Jobtailor; Gurugram District; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

Jobtailor in Gurugram/Haryana is seeking a senior risk analytics professional to lead quarterly forecasts and stress testing for retail portfolios, with focus on CCAR and CECL interplay. You will collaborate with Risk, Finance and Data teams to refine models, ensure governance, and deliver actionable PPNR insights.

The role requires 4+ years in financial services, strong econometric skills, and proficiency in SAS/Essbase with data handling for large datasets. On-site in Gurugram.

Qualifications

• 4+ years work experience in financial services, business analytics or management consulting.
• Understanding of risk management.
• Knowledge of credit card industry and 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)

Responsibilities

• 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 besides understanding the synergies between two processes.
• Collaborate with other teams like Risk Modeling, Portfolio & New Account Forecasting, Data Reporting and Finance to complete requests on financial planning & CCAR/DFAST results and increased integration of credit risk & PPNR results
• 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
• Perform econometric analysis to estimate and explain the impact of changing macroeconomic trends on Portfolio Performance Losses, delinquency etc.
• Establish and continually evolve standardized business and submission documentation.
• Collaborate with Risk and Finance organization to understand sources of data and continue to improve the process of defining, extracting and utilizing data.
• Identify areas of improvement in BAU and drive process efficiency through process simplification and automation (VBA, SAS, etc.)
• Execute information controls (version control, central results summary) to meet business objectives with utmost clarity.

Skills

Risk analytics

CCAR

Stress testing

Econometric modeling

Data science

SAS

Excel

VBA

Essbase

MS Office

Tools

SAS

datacube/Essbase

MS Office

PowerPoint

Job description

Responsibilities

• 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 besides understanding the synergies between two processes.
• Collaborate with other teams like Risk Modeling, Portfolio & New Account Forecasting, Data Reporting and Finance to complete requests on financial planning & CCAR/DFAST results and increased integration of credit risk & PPNR results
• 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
• Perform econometric analysis to estimate and explain the impact of changing macroeconomic trends on Portfolio Performance Losses, delinquency etc.
• Establish and continually evolve standardized business and submission documentation.
• Collaborate with Risk and Finance organization to understand sources of data and continue to improve the process of defining, extracting and utilizing data.
• Identify areas of improvement in BAU and drive process efficiency through process simplification and automation (VBA, SAS, etc.)
• Execute information controls (version control, central results summary) to meet business objectives with utmost clarity.

Requirements

• 4+ 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)