1. Develop and validate quantitative models for various risk management purposes, including credit risk, market risk, and operational risk
2. Collaborate with cross-functional teams to design and implement advanced statistical and machine learning techniques to enhance risk assessment and decision-making processes
3. Conduct thorough analysis of large datasets to identify patterns, trends, and potential risks, and provide actionable insights to senior management
4. Stay abreast of industry best practices, regulatory guidelines, and market developments related to credit risk management, decision models, CCAR, IFRS9, and CECL, and incorporate findings into model development and validation processes
5. Work closely with clients and stakeholders, including risk management, finance, and regulatory reporting teams, to address model-related issues and provide expert guidance on risk management strategies
6. Prepare comprehensive documentation, including model documentation, validation reports, and regulatory submissions, to ensure transparency and regulatory compliance
Qualifications:
1. Master's or Ph.D. degree in quantitative finance, mathematics, statistics, computer science, or a related field
2. Minimum of 1-2 years of experience in quantitative modeling and risk management within the financial services industry
3. Strong programming skills in languages such as Python, R, or MATLAB, with experience in data manipulation, statistical analysis, and machine learning techniques
4. Good knowledge of credit risk modeling methodologies, including probability of default (PD), loss given default (LGD), and exposure at default (EAD)
5. Familiarity with CCAR stress testing, including scenario design, model development, and documentation
6. Familiarity with CECL/IFRS9 implementation and its impact on credit loss estimation and provisioning
7. Excellent analytical and problem-solving skills, with the ability to interpret complex data and draw meaningful conclusions
8. Strong communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and present technical concepts to non-technical stakeholders
9. Proven track record of managing multiple projects simultaneously and delivering high-quality results within tight deadlines
10. Certification such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) is a plus
Siya Consulting and Advisory Private Limited is a leading business consulting company committed to providing innovative solutions and exceptional service to our clients. We specialize in an extensive array of services, covering credit risk management, market risk management, model development, validation, and monitoring. Furthermore, our expertise extends to risk data provisioning and risk reporting, ensuring the availability of accurate data and insightful reporting for effective decision-making. Additionally, we offer proficiency in cloud development and strategic business consulting, providing comprehensive solutions tailored to our clients' needs. As part of our dedicated team, you'll have the opportunity to contribute to cutting-edge projects and collaborate with industry experts.
