Model And Credit Risk Senior Consultant

Crowe; Hyderabad; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Crowe India is seeking a Model Risk Senior Consultant to advise financial services clients on model risk management and validation, focusing on credit risk and ALM/finance models. You will plan, execute, and deliver engagements, building client relationships and contributing to business development.

The role requires 4+ years in financial institutions or regulatory supervision, strong analytical skills, and the ability to present findings through reports.

Qualifications

• Bachelor's degree or equivalent in Finance, Statistics, Financial Engineering, or Economics.
• 4+ years' experience in financial institutions, Big 4, or regulatory supervision.
• Knowledge of SR 11-7, OCC 2011-12, FDIC FIL-22-2017; credit risk model types; asset liability management; pricing; mortgage servicing rights.

Responsibilities

• Perform consulting projects from planning to completion.
• Be trusted advisor to client management with recommendations and solutions.
• Support proposals and business development by identifying new clients and presenting proposals.
• Deliver engagements remotely with quality and within budget.

Skills

Model risk mgmt

Credit risk models

Data processing

Back testing

Stakeholder mgmt

Report writing

Remote delivery

Education

Bachelor's in Finance/Stats/FE/Economics

Tools

SAS

Matlab

Stata

Python

R

SQL

Power BI

Tableau

QlikView

Job description

Job Description:

Your Journey at Crowe Starts Here:

At Crowe, you can build a meaningful and rewarding career. With real flexibility to balance work with life moments, you're trusted to deliver results and make an impact. We embrace you for who you are, care for your well-being, and nurture your career. Everyone has equitable access to opportunities for career growth and leadership. Over our 80-year history, delivering excellent service through innovation has been a core part of our DNA across our audit, tax, and consulting groups. That's why we continuously invest in innovative ideas, such as AI-enabled insights and technology-powered solutions, to enhance our services. Join us at Crowe and embark on a career where you can help shape the future of our industry.

Job Description:

Model Risk Senior Consultant

Job Description

The Model Risk Senior Consultant will be responsible for performing consulting projects for a variety of financial services clients. This primarily includes consulting with clients about model risk management practices and providing model validation services, primarily for credit risk and treasury management (ALM)/finance related models. In addition, the role will also perform the following:

• Complete key aspects of client service projects from planning to completion.
• Become a trusted advisor to client management by providing appropriate recommendations and solutions. Able to make and sustain meaningful client relationships.
• Support proposal and business development activities by identifying new target clients, building business relationships with key executives, and developing and presenting proposals.

Qualifications:

• Bachelor's degree in Finance, Statistics, Financial Engineering, or Economics or equivalent combination of education and experience.
• 4+ years' of experience of working in financial institutions, Big 4 or equivalent, or regulatory supervisory of financial institutions.
• Working knowledge of:
  • Model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017).
  • Credit risk model types (e.g., CECL, PD/LGD, Roll Rate, Scorecards, Stress Testing, etc.).
  • Other model types (e.g., Asset Liability Management, Pricing, Mortgage Servicing Rights, etc.).
• Direct experience performing model validations or model development, including concepts such as back testing, stress testing, sensitivity testing, and benchmarking.
• Technical knowledge about data processing, data storage, and data visualization.
• A self-starter who can prioritize multiple tasks, be resourceful and able to research and find solutions.
• Write and present to clients clear and concise reports and presentations containing meaningful recommendations.
• Direct and deliver significant engagements that deliver value to clients through project management, creation of deliverables and knowledge transfer.
• Manages engagement to ensure quality and is delivered within budget.
• Engagements are frequently conducted remotely.

Additional skills desired:

• Solid analytical background and knowledge of econometrics.
• Knowledge of risk ratings, risk rating /scorecard methodology, model governance, model development, CECL, DFAST, CCAR and capital allocation methodology would be a plus.
• Experience with statistical packages such as SAS, Matlab, Stata, Python, and R.
• Experience with database management, such as SQL.
• Experience with data visualization tools such as Microsoft Power BI, Tableau, QlikView.
• Working towards or having professional certification preferred (e.g., RMA CRC, CFA, FRM).

We expect the candidate to uphold Crowe's values of Care, Trust, Courage, and Stewardship. These values define who we are. We expect all of our people to act ethically and with integrity at all times.

Our Benefits:

At Crowe, we know that great people are what makes a great firm. We value our people and offer employees a comprehensive benefits package. Learn more about what working at Crowe can mean for you!

How You Can Grow:

We will nurture your talent in an inclusive culture that values diversity. You will have the chance to meet on a consistent basis with your Career Coach that will guide you in your career goals and aspirations. Learn more about where talent can prosper!

More about Crowe:

Crowe Capability Center - India, operating under the legal entity C3 India Delivery Centre LLP (formerly known as Crowe Horwath IT Services LLP) is a wholly owned subsidiary of Crowe LLP (U.S.A.), a public accounting, consulting and technology firm with offices around the world. Crowe LLP is an independent member firm of Crowe Global, one of the largest global accounting networks in the world. The network consists of more than 200 independent accounting and advisory firms in more than 130 countries around the world.

Crowe does not accept unsolicited candidates, referrals or resumes from any staffing agency, recruiting service, sourcing entity or any other third-party paid service at any time. Any referrals, resumes or candidates submitted to Crowe, or any employee or owner of Crowe without a pre-existing agreement signed by both parties covering the submission will be considered the property of Crowe, and free of charge.

We are committed to a merit-based hiring process, evaluating all candidates consistently using objective, job-related criteria such as relevant experience, demonstrated skills, measurable impact, and alignment with the role’s responsibilities, and making employment decisions in a fair and inclusive manner free from discrimination.