Talent.com
Vice President - Model Developer (Wholesale Risk)
Vice President - Model Developer (Wholesale Risk)Mashreq • ajit, India
No longer accepting applications
Vice President - Model Developer (Wholesale Risk)

Vice President - Model Developer (Wholesale Risk)

Mashreq • ajit, India
30+ days ago
Job description

The main purpose of the role is to lead the wholesale Risk model development team and assist the Head of Risk Analytics and Capital Management in execution of risk governance and practices around quantitative models.

Key Result Areas

Strategic & Leadership Responsibilities

  • Establish and scale a new Centre of Excellence (CoE) for Wholesale Rating Models from the ground up
  • Provide thought leadership and contribute to development of best practices in model development and validation
  • Track latest regulatory and industry updates (Basel guidelines, IFRS 9, local regulations, rating agency methodologies) and translate them into model design considerations
  • Independently research and develop innovative solutions

Stakeholder Management

  • Prepare presentations and communicate effectively with Senior Management and Board-level committees
  • Engage with multiple stakeholders across the credit lifecycle : Limit Management, Collateral Management, RAROC, Customer Rating
  • Review financial spreading logic in newly developed credit lifecycle system
  • Support governance and audit readiness through proper model documentation and transparent development practices
  • Technical & Delivery Responsibilities

  • Design and implement end-to-end process for development, validation, and lifecycle management of Wholesale Rating Models
  • Develop and validate a range of models including :
  • Corporate / Wholesale Rating Models including Large Corporate, Mid Corporate, SME, Sovereign, FI, HNWI, Project Finance, and Specialized Lending
  • Explore new approaches for rating model development for low default portfolios
  • Master Rating Scale (MRS) calibration
  • People Management

  • Build, mentor, and lead a team of modelers and consultants
  • Drive capability building and continuous learning within the team through training, peer reviews, and knowledge sharing
  • Wholesale Model Monitoring

  • Outline the goals of model monitoring, considering factors like accuracy and other relevant metrics based on the model purpose
  • Determine the expected performance of the respective models on historical data
  • Implement monitoring tools to continuously assess model performance. This includes monitoring input data quality, predictions
  • Communicate the model performance to relevant stakeholders to ensure the prompt attention to potential problems.
  • Regularly review and improve the model performance process based on the feedback, change in underlying data and evolving business requirement.
  • Climate Risk Analytics

  • Develop statistical climate risk models, integrate economic and social data to understand how climate risks may impact.
  • Develop different climate scenarios based on the various emission pathways and climate change projection. Assess the potential impact of each scenario on the identified financial risk.
  • Based on the statistical models, develop adaption strategies to mitigate relevant risks
  • Establish a system for continuous monitoring of climate date and update the climate risk models regulatorily.
  • Incorporate existing and potential future policies and regulations related to climate change into the model development.
  • Involve stakeholders in the meeting process to ensure a comprehensive understanding of local conditions, priorities and concerns.
  • Knowledge, Skills and Experience

    Mandatory / Essential :

  • Strong foundation in Statistics and Mathematics. You have hands-on experience in developing and validating Wholesale Rating Models (PD, LGD, EAD) and a deep understanding of model lifecycle best practices.
  • Strong programming languages such as R and Python, and are proficient in data analysis and visualization using Excel and PowerPoint. Knowledge of other relevant tools or platforms (e.g. SAS, SQL, visualization tools, workflow automation tools) would be an advantage.
  • Hold a degree in Statistics, Mathematics, Computer Science, Quantitative Finance, Economics, Engineering, or a related field.
  • Passionate about risk management and about advancing the science of credit risk modeling. Excellent communication skills, both written and spoken, with fluency in English. Ability to convey complex technical concepts clearly to both technical and non-technical stakeholders.
  • Undergraduate degree in Finance, Risk, Economics, Engineering or other related field
  • 10-15 years of progressive, multi-discipline risk management experience within banking sector
  • Deep understanding of risk management concepts and methodologies gained through development and practical application of risk policy / frameworks
  • Demonstrated capability to apply risk management concepts, analysis and support to strategic decision-making processes
  • Demonstrable people and managerial leadership experience in a matrixed and multi-jurisdictional organization
  • Outstanding interpersonal and influencing skills; Possess personal credibility and ability to influence stakeholders at all levels, particularly senior colleagues.
  • Desirable :

  • Postgraduate or professional qualification in risk management or finance such as CFA, FRM, PRM.
  • Experience of developing teams in a multi-jurisdictional and matrixed organization.
  • Understanding and experience of BCBS frameworks, particularly those relating to risk and capital.
  • Create a job alert for this search

    Vice President • ajit, India

    Related jobs
    Vice President, Engineering Management Lead – Agentic AI

    Vice President, Engineering Management Lead – Agentic AI

    Genpact • Ajit, India
    Ready to build the future with AI? At Genpact, we don’t just keep up with technology—we set the pace.AI and digital innovation are redefining industries, and we’re leading the charge.Genpact’s AI G...Show more
    Last updated: 8 days ago • Promoted
    PTC FlexPLM Lead

    PTC FlexPLM Lead

    KMM Technologies, Inc. • Ajit, India
    Offshore (India) Position – 1 Resource : .Years of experience implementing FlexPLM for Retail, Footwear and Apparel customers. Experience with all the following areas : .Retail process maturity and the ...Show more
    Last updated: 4 days ago • Promoted
    Technical Lead

    Technical Lead

    Mphasis • Ajit, India
    Looking for Senior Ingenium Developer with 10+ years' experience and following skills.Experience in Mainframe O / S and Development using COBOL programming language & JCL. Experience in development an...Show more
    Last updated: 4 days ago • Promoted
    Tech Lead

    Tech Lead

    Fundfy • Ajit, India
    Work start date : 20 November 2025.Company Location : California, USA.We are a startup and looking for serious people to hire immediately. If you have the required skills and able to work starting fro...Show more
    Last updated: 8 days ago • Promoted
    AIML Architect

    AIML Architect

    ValueLabs • Ajit, India
    We at ValueLabs have an Opening for AI / ML Architect role.At least 7+ years of relevant AI / ML experience or previous ML experience with strong engineering competencies and at least 2+ years in Gener...Show more
    Last updated: 4 days ago • Promoted
    Lead Consultant LLMOps

    Lead Consultant LLMOps

    Delphi Consulting Middle East • Ajit, India
    Join Delphi - Where Innovation meets transformation.At Delphi, we believe in creating an environment where our people thrive. Our hybrid work model empowers you to choose where you work—whether it's...Show more
    Last updated: 4 days ago • Promoted
    Technical Design Lead

    Technical Design Lead

    Tata Consultancy Services • Ajit, India
    Required Skill : Microsoft tech(.Net, Azure,), AI,Gen AI / Agentic AI,LLMs.Owns E2E Tech design, requirements, delivery and execution. Coordinate plans with other enabling streams (eg data, SAP, infra ...Show more
    Last updated: 8 days ago • Promoted
    MLOps Engineer

    MLOps Engineer

    Capgemini • Ajit, India
    Experience in developing MLOps framework cutting ML lifecycle : model development, training, evaluation, deployment, monitoring including Model Governance. Expert in Azure Databricks, Azure ML, Unity...Show more
    Last updated: 4 days ago • Promoted
    Veeva Developer

    Veeva Developer

    RandomTrees • Ajit, India
    RandomTrees is a leading Data & AI company offering a diverse range of products and services within the data and AI space. We are seeking a skilled eQMS - Veeva Developer.We support multiple industr...Show more
    Last updated: 4 days ago • Promoted
    Principal RTL Design Engineer / Co-founder - AI / ML Accelerator

    Principal RTL Design Engineer / Co-founder - AI / ML Accelerator

    Faststream Technologies • Ajit, India
    Lead / Own a world class NPU for Edge AI Inference.Develop ultra-low-power machine learning chips for intelligent sensing and autonomous navigation. Architect / Work independently and collaborativel...Show more
    Last updated: 2 hours ago • Promoted • New!
    Actimize Developer

    Actimize Developer

    Matrix USA • Ajit, India
    Overview : We are seeking a talented Actimize and ETL Developer to join our dynamic development team.The ideal candidate will have a strong background in ETL development, system customization, and ...Show more
    Last updated: 4 days ago • Promoted
    Lead Product Design

    Lead Product Design

    SuperOps • Ajit, India
    Your roles and responsibilities include.Working with product managers to convert ideas to designs.Working with developers to ensure the final product meets the standard. Creating wireframes, storybo...Show more
    Last updated: 8 days ago • Promoted
    Reltio Lead / Architect

    Reltio Lead / Architect

    Mastech Digital • Ajit, India
    POSITION : Reltio Lead / Architect.LOCATION : Chennai / Bangalore / Hyderabad / Noida / Remote with quarterly visit.Budget : 20-45 LPA (Depending on level of expertise). Notice : Immediate joiner / Currently ...Show more
    Last updated: 4 days ago • Promoted
    Vice President - Model Developer (Wholesale Risk)

    Vice President - Model Developer (Wholesale Risk)

    Mashreq • Ajit, India
    The main purpose of the role is to lead the wholesale Risk model development team and assist the Head of Risk Analytics and Capital Management in execution of risk governance and practices around q...Show more
    Last updated: 4 days ago • Promoted
    Snowflake Lead / Architect

    Snowflake Lead / Architect

    Boolean Data Systems • Ajit, India
    Job Tittle : Snowflake Lead / Architect.Boolean Data Systems is a system integration company focusing on Snowflake products. We focus on helping companies implement innovative solutions combining Peopl...Show more
    Last updated: 4 days ago • Promoted
    Model Validation

    Model Validation

    Tata Consultancy Services • Ajit, India
    Year of Experience- 6 to 15 Years.Location-Bangalore, Hyderabad, Chennai, Pune, Kolkata.As a Senior Quantitative Analytics Associate, you will be responsible for leading independent validations and...Show more
    Last updated: 4 days ago • Promoted
    Head of Software Development & Platform Architecture

    Head of Software Development & Platform Architecture

    Signalmash • Ajit, India
    Telecom • Open Source RTC • AI • CPaaS.Remote | ⏰ US Morning Overlap | ✈️ Occasional Travel.Before You Apply — Important Requirement To be considered, you must email the following to : .A shor...Show more
    Last updated: 8 days ago • Promoted
    Looker Developer

    Looker Developer

    RiDiK (a Subsidiary of CLPS. Nasdaq : CLPS) • Ajit, India
    We are looking for a skilled BI Developer to support a large client in the Healthcare domain.The role will involve enhancing and maintaining reports using Looker / LookML, developing dimensional data...Show more
    Last updated: 4 days ago • Promoted