Vice President - Economic Capital Modelling

The Edge Partnership - The Edge in Asia; Bengaluru; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

A global banking firm in Bengaluru is seeking a seasoned professional to join their Economic Capital Modelling team. You will lead quantitative credit risk initiatives and oversee the enhancement of automation processes, ensuring accuracy and governance. The ideal candidate will have 10-15 years of experience in credit risk analytics, strong expertise in economic capital modeling, and proficiency in tools such as Python and R. This role offers the opportunity to drive team development and cross-functional collaboration.

Qualifications

• 10-15 years of experience in credit risk analytics/modeling within banking/financial services.
• Experience with Basel models (PD/LGD/EAD) and stress testing.
• Strong leadership experience managing teams and delivering multi-workstream projects.

Responsibilities

• Lead a portfolio of quantitative credit risk initiatives.
• Oversee EC production processes and enhance automation.
• Manage model governance and regulatory interactions.
• Drive development and maintenance of credit rating and loss models.
• Lead stakeholder engagement and team development.

Skills

Economic Capital modeling

Monte Carlo simulations

PD/LGD/EAD model development

Statistical techniques

Leadership

Stakeholder engagement

Proficiency in Python/R

Data frameworks (e.g., Pandas)

Tools like Git, AWS

Education

Bachelor’s degree in a quantitative field

Tools

Python

R

SAS

Git

AWS

Job description

Our client is a global banking firm which provides industry-focused services for clients across geographies. We are currently looking for a seasoned professional to join their Economic Capital Modelling team in Bengaluru.

Responsibilities

• Lead a portfolio of quantitative credit risk initiatives, including Economic Capital modeling, Monte Carlo simulations, and PD/LGD/EAD model development, ensuring end-to-end delivery and governance.
• Oversee EC production processes, enhance automation, and standardize methodologies across regions while ensuring accuracy, scalability, and resilience.
• Drive development and maintenance of credit rating, loss, and stress testing models; translate outputs into actionable insights for senior leadership.
• Manage model governance, regulatory interactions, audit readiness, and ensure strong documentation, validation, and control frameworks.
• Lead stakeholder engagement and team development, managing cross-functional collaboration and mentoring quantitative talent across multiple projects.

Qualifications

• Bachelor’s degree in a quantitative field with 10-15 years of experience in credit risk analytics/modeling within banking/financial services, including Basel models (PD/LGD/EAD) and stress testing.
• Strong expertise in Economic Capital modeling, Monte Carlo simulations, and statistical techniques (regression, multivariate analysis, ML where applicable).
• Proficiency in Python/R (plus SAS where relevant), data frameworks (e.g., Pandas), and tools such as Git, AWS, with a strong production and automation mindset.
• Proven leadership experience managing teams, delivering multi-workstream projects, and working with global stakeholders.