Credit Modeller

Milliman; Karachi Division; Presencial; PKR 1.800.000 - 3.000.000; Jornada completa

Descripción de la vacante

Milliman in Karachi seeks a credit risk modelling expert to develop IFRS 9, PD and LGD models. You will analyze data, validate models and support integration into business processes, communicating findings to senior stakeholders.

You will collaborate with teams, stay updated on regulatory changes, and contribute to derivative valuation. A strong background in finance and statistics is essential.

Formación

• Experience in IFRS 9 modelling, PD modelling, and LGD modelling.
• Strong data management and database skills.
• Proficient in Excel and PowerPoint for analysis and presentations.
• Excellent analytical and problem-solving abilities.
• Ability to communicate complex concepts clearly.

Responsabilidades

• Develop and implement credit risk models including PD, LGD and EAD.
• Perform data analysis and statistical modelling to assess credit risk.
• Gather, manage and analyze data for model development and validation.
• Collaborate with cross-functional teams to integrate models into processes.
• Prepare reports and presentations on model findings for management.
• Stay updated with regulatory changes and best practices in credit risk modelling.
• Assist in derivative (swap) valuation.

Conocimientos

IFRS 9 modelling

PD modelling

LGD modelling

Data analysis

Excel

PowerPoint

Team collaboration

Communication

Educación

Bachelor's degree in Finance/ Economics/ Statistics/ Mathematics

Master's degree or CFA desirable

Herramientas

SQL

Python

R

VBA

Power BI

Descripción del empleo

About Milliman

Milliman is one of the world’s largest providers of actuarial and related consulting services, with practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Established in 1947, Milliman is an independent firm with a global presence. Our Karachi office supports consulting projects across the Middle East and GCC regions.

Key Responsibilities

• Develop and implement credit risk models, including Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) models.
• Perform data analysis and statistical modelling to assess credit risk and forecast potential losses.
• Gather, manage, and analyze data for model development and validation.
• Collaborate with cross-functional teams to integrate credit risk models into business processes and systems.
• Prepare comprehensive reports and presentations on model findings, methodology, and performance for senior management and stakeholders.
• Stay updated with industry trends, regulatory changes, and best practices in credit risk modelling.
• Assist in derivative (Swap) valuation

Qualifications

• Proven experience in IFRS 9 modelling, PD modelling, and LGD modelling.
• Strong knowledge of databases and data management practices.
• Proficiency in Excel and PowerPoint for data analysis and presentation.
• Excellent analytical and problem-solving skills with attention to detail.
• Ability to work collaboratively in a team environment and communicate complex concepts clearly.

Preferred Skills

• Experience with programming languages such as SQL, Python, R, and VBA.
• Familiarity with data visualization tools like Power BI.
• Prior experience working at a Big 4 consultancy firm.
• Advanced proficiency in Excel, including complex formulas, pivot tables, and data analysis tools.
• Strong presentation skills with the ability to convey technical information to non-technical audiences.
• Experience in derivative valuation.

Education

• Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related field. A Master's degree or relevant certification is a plus.
• CFA