Talent.com
This job offer is not available in your country.
Vice President - Model Developer (Wholesale Risk)

Vice President - Model Developer (Wholesale Risk)

MashreqChennai, 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 • Chennai, IN

    Related jobs
    • Promoted
    Vice President of Software Engineering

    Vice President of Software Engineering

    Intellect Design Arena LtdChennai, Tamil Nadu, India
    Vice President – Tech Delivery (Payments & Transaction Banking).You will drive technical execution excellence, architecture alignment, and delivery rigor across global transformation engagements.Th...Show moreLast updated: 30+ days ago
    • Promoted
    Vice President - Enterprise Architecture

    Vice President - Enterprise Architecture

    Elements HRSChennai
    Overview : At the VP grade, the Enterprise Architect (EA) plays a critical leadership role in shaping the organization's overall technology vis...Show moreLast updated: 30+ days ago
    • Promoted
    Vice President, Model Risk Management II

    Vice President, Model Risk Management II

    ConfidentialChennai, India
    Vice President, Model Risk Management.At BNY, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the heart o...Show moreLast updated: 8 days ago
    • Promoted
    Team Lead

    Team Lead

    Movateambattur, tamil nadu, in
    We are hiring a Team Lead - International (Voice) with 5+ years of experience to join our dynamic team at Ambit IT Park, Ambattur. Role : Team Lead - International (Voice).Location : Ambit IT Park, Am...Show moreLast updated: 30+ days ago
    • Promoted
    IT Vice President

    IT Vice President

    Magic Hive Manpower Development CompanyChennai
    Job Description : - 15 years of progressive experience in IT, (e.VP, Director, Head of IT) in a complex, multi-site manufacturing environment.Experie...Show moreLast updated: 28 days ago
    • Promoted
    Snowflake Lead

    Snowflake Lead

    InfoBeansChennai, Tamil Nadu, India
    Job Description – Snowflake Lead.The role involves working with cross-functional teams, translating business needs into scalable solutions, and ensuring best practices in architecture and performan...Show moreLast updated: 5 days ago
    • Promoted
    Technical Manager

    Technical Manager

    INVENTA Technologies Pvt Limited - Chennai INDIA (HQ)Tiruvallur, Tamil Nadu, India
    INVENTA Technologies Pvt Limited, established in 1989, focuses on R&D, design, and engineering in polymer materials.We have two business verticals : 1. Engineered Plastics compounding and 2.Sustaina...Show moreLast updated: 30+ days ago
    • Promoted
    Lean- Site Continuous Improvement Leader (Oragadam)

    Lean- Site Continuous Improvement Leader (Oragadam)

    GKN AutomotiveOragadam, tamil nadu, in
    Join Us as a Lean – Site Continuous Improvement Leader.Bachelor’s Degree or Equivalent.Are you a change agent with a passion for lean thinking and operational excellence? Do you thrive in environme...Show moreLast updated: 25 days ago
    • Promoted
    Senior Vice President Risk Management

    Senior Vice President Risk Management

    ConfidentialChennai, Tamil Nadu, India
    The role works proactively in identifying internal and external risks, building robust internal controls, risk.Laws and Regulations to help build out the proper controls. Also a guardian of the digi...Show moreLast updated: 5 days ago
    • Promoted
    SquareShift - Vice President Engineering - AIML Systems

    SquareShift - Vice President Engineering - AIML Systems

    SQUARESHIFT TECHNOLOGIES PRIVATE LIMITEDChennai
    About SquareShift : SquareShift is a Chennai-based, high-growth software services firm with a global footprint extending to the US and Singapore.Established in 2019, ...Show moreLast updated: 18 days ago
    • Promoted
    Director - Demand Generation

    Director - Demand Generation

    Intuitive.CloudChennai, IN
    With the reputation of being a.Digital Transformation challenges across following Intuitive Superpowers : .Application & Database Modernization. Platform Engineering (IaC / EaC, DevSecOps & SRE).Cloud N...Show moreLast updated: 17 days ago
    • Promoted
    Vice President - Product Engineering

    Vice President - Product Engineering

    ConfidentialChennai, India
    Hybrid – Chennai / Bangalore / Hyderabad / Mumbai / Pune.Vice President of Product Engineering.This role bridges the gap between business goals and engineering execution, ensuring that products are innovat...Show moreLast updated: 8 days ago
    • Promoted
    CAT MODELLING

    CAT MODELLING

    EliteRecruitmentsChennai, IN
    Catastrophe Modelling professionals.The ideal candidate will have strong hands-on experience in.If you're looking to make a tangible impact in the insurance analytics domain, apply now!.Analyze exp...Show moreLast updated: 4 days ago
    • Promoted
    MuleSoft Developer - Deloitte

    MuleSoft Developer - Deloitte

    DeloitteChennai, Tamil Nadu, India
    Deloitte India is hiring for Mulesoft for 3+ years of experience.Notice Period - Immediate to 45 Days.Location : Chennai, Bangalore & Mumbai. Every day, your work will make an impact that matters, w...Show moreLast updated: 25 days ago
    • Promoted
    Vice President, Model Risk Management I

    Vice President, Model Risk Management I

    ConfidentialChennai, India
    Vice President, Model Risk Management Analyst.At BNY, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the...Show moreLast updated: 8 days ago
    • Promoted
    Model Validation

    Model Validation

    DeloitteChennai, Tamil Nadu, India
    Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration and high performance. As the undisputed leader in professional services, Delo...Show moreLast updated: 25 days ago
    • Promoted
    AI / ML Engineering Leadership / Technical Architect / AVP-VP

    AI / ML Engineering Leadership / Technical Architect / AVP-VP

    ConfidentialChennai
    Main Skills : AI Architect (Solutions / Technical) - LLM / Gen AI + Any Cloud + Python.Project Role : AI / ML Engineer.Project Role Description : Develops applications and systems that utilize AI tools...Show moreLast updated: 30+ days ago
    • Promoted
    Senior / lead Developer Dynamics

    Senior / lead Developer Dynamics

    MSC TECHNOLOGY (INDIA) PRIVATE LIMITEDChennai, Tamil Nadu, India
    MSC Technology is a product-based company and international organization providing exclusive IT solutions to MSC (Mediterranean Shipping Company S. Agencies worldwide through MSC Geneva H.MSC Techno...Show moreLast updated: 25 days ago