Talent.com
Vice President - Model Developer (Wholesale Risk)

Vice President - Model Developer (Wholesale Risk)

Mashreqguwahati, assam, in
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 • guwahati, assam, in

    Related jobs
    • Promoted
    PTC FlexPLM Lead

    PTC FlexPLM Lead

    KMM Technologies, Inc.guwahati, assam, in
    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 moreLast updated: 1 day ago
    • Promoted
    Director - AI Architect

    Director - AI Architect

    Live Connectionsguwahati, assam, in
    Role : Director Principle Technology Architect.Budget : 55 lpa includes 10% var.Finding strong AI Architect profiles with a solid background in Design & development. Design and Oversee AI Architecture...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    CTO / Founding Tech Partner

    CTO / Founding Tech Partner

    Early stage startupguwahati, assam, in
    Building a new consumer tech product in the relationships + trust space (stealth at this stage).High conviction problem + large market + strong cultural timing tailwind. Significant primary research...Show moreLast updated: 21 hours ago
    • Promoted
    Manager Management Consulting

    Manager Management Consulting

    Mercados Energy Markets IndiaShillong, Meghalaya, India
    We are seeking a skilled and experienced Commercial Support Consultant to provide comprehensive support to Meghalaya Energy Corporation Limited (Holding Company) (MeECL) and Meghalaya Power Distrib...Show moreLast updated: 22 days ago
    • Promoted
    Solutions Developer

    Solutions Developer

    Obrimo Technologiesguwahati, assam, in
    We are seeking an experienced and dynamic.Senior IVR & Cloud Solutions Developer.The ideal candidate will have hands-on experience with IVR platforms and cloud technologies, leading development tea...Show moreLast updated: 22 days ago
    • Promoted
    Head of New Product Development (NPD)

    Head of New Product Development (NPD)

    Blue Signal Searchguwahati, assam, in
    Head of New Product Development (NPD).Nationwide (Remote – with up to 50% international travel).Fluency in English is essential for collaboration across our global teams. Aesthetic Medicine, Consume...Show moreLast updated: 30+ days ago
    • Promoted
    Veterinary Doctor

    Veterinary Doctor

    Palladium : Make It PossibleShillong, Meghalaya, India
    Contractual engagement, initially till March 2026 and extendable based on performance and program requirements.The Veterinary Doctor (Junior Research Fellow) will support research-driven and field-...Show moreLast updated: 11 days ago
    • Promoted
    Montessori Teacher

    Montessori Teacher

    BDW International SchoolShillong, Meghalaya, India
    Montessori Teacher – Pre-Primary.BDW International School, Shillong (Meghalaya).BDW International School is seeking passionate and dedicated Montessori educators to join our dynamic learning commun...Show moreLast updated: 1 day ago
    • Promoted
    Actimize Developer

    Actimize Developer

    Genpactguwahati, assam, in
    Inviting applications for the role of Actimize Developer.Implement, configure, and customize Actimize IFM (Integrated Fraud Management) and SAM (Suspicious Activity Monitoring) solutions.Develop an...Show moreLast updated: 20 days ago
    • Promoted
    Sr PTC FlexPLM Developer / Lead

    Sr PTC FlexPLM Developer / Lead

    KMM Technologies, Inc.guwahati, assam, in
    Position Name : Sr PTC FlexPLM Developer / Lead.Work Hours : M-F Working Hours : 9am EST to 2pm US EST.There is an urgent resource need with PTC FlexPLM software implementation experience.Senior Develop...Show moreLast updated: 30+ days ago
    • Promoted
    Project from MeitY - opportunity for 2 JRF cum PhDs and 2 interns at IIIT Guwahati

    Project from MeitY - opportunity for 2 JRF cum PhDs and 2 interns at IIIT Guwahati

    Indian Institute of Information Technology GuwahatiHajo, Assam, India
    Great research opportunity at IIIT Guwahati!.Ministry of Electronics and Information Technology (MietY) project.Edge Service Caching Security : Tools for ML-Driven Vulnerability Analysis and Mitiga...Show moreLast updated: 21 days ago
    • Promoted
    Reltio Lead / Architect

    Reltio Lead / Architect

    Mastech Digitalguwahati, assam, in
    Chennai / Bangalore / Hyderabad / Noida / Remote with quarterly visit.LPA (Depending on level of expertise).Immediate joiner / Currently serving notice / Notice is less than 60 days.We are looking for a hands...Show moreLast updated: 21 days ago
    • Promoted
    Veeva Developer

    Veeva Developer

    RandomTreesguwahati, assam, in
    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 moreLast updated: 30+ days ago
    • Promoted
    ML Ops

    ML Ops

    EXLguwahati, assam, in
    Deploy, monitor, and scale ML models on.GCP (Vertex AI, GKE, Cloud Functions).GitHub Actions / Jenkins / cloud-native tools. Containerize and orchestrate workloads with.MLflow, Feast, Prometheus / Gra...Show moreLast updated: 30+ days ago
    • Promoted
    GCP Data Architect

    GCP Data Architect

    Tata Consultancy Servicesguwahati, assam, in
    Design and Implement Data Architectures : Architect and build scalable, end-to-end data solutions on GCP, encompassing data ingestion, transformation, storage, and consumption.Develop Data Pipelines...Show moreLast updated: 22 days ago
    • Promoted
    Design Lead : AI-Driven Visual Design

    Design Lead : AI-Driven Visual Design

    Kuku FMguwahati, assam, in
    Kuku is redefining how audiences engage with visual storytelling.We are looking for a Design Lead who can blend creativity with the power of AI to craft compelling visuals, set design standards, an...Show moreLast updated: 30+ days ago
    • Promoted
    Vice President

    Vice President

    Flexi Roundtables : Top 1% Leadersguwahati, assam, in
    Vice President – Flexi Roundtables.Mumbai / Bangalore / Hyderabad.Founder & CEO, Flexi Ecosystem.Leadership, Strategy & Ecosystem Growth. Flexi Roundtables is a flagship thought-leadership platform ...Show moreLast updated: 1 day ago
    • Promoted
    • New!
    GIS Sales Director

    GIS Sales Director

    GISKernelguwahati, assam, in
    Jod Role : Sales Director – Geospatial & Remote Sensing Projects.Where the Projects Are (Remote), New Delhi.Sales (Government Projects + Geospatial Solutions). Competitive base + Attractive Incentive...Show moreLast updated: 17 hours ago