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

Vice President - Model Developer (Wholesale Risk)

Mashreqdehradun, uttarakhand, 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 • dehradun, uttarakhand, in

    Related jobs
    • Promoted
    • New!
    Data Solutions Director

    Data Solutions Director

    Amethyst Partnersdehradun, uttarakhand, in
    This role carries both strategic and operational leadership responsibilities, managing Principal Analysts across APAC and working closely with data engineering, development, and global teams.You wi...Show moreLast updated: less than 1 hour ago
    • Promoted
    • New!
    Developer

    Developer

    HCLTechdehradun, uttarakhand, in
    Hiring : Actimize Developer (ONLY) | AIS & RCM | ActOne | CDD | SAM | AML | KYC | AVA 🌟.We are looking for Actimize Developers with strong experience in financial crime, AML, and Actimize modules.L...Show moreLast updated: less than 1 hour ago
    • Promoted
    Microsoft Dynamics CRM 365 Senior Developer

    Microsoft Dynamics CRM 365 Senior Developer

    GTRTeKdehradun, uttarakhand, in
    Microsoft Dynamics CRM 365 Senior Developer with minimum 5 years of experience in D 365 CRM along with.Looking for competent candidate in the relevant module. Minimum 3 years of work experience.Buil...Show moreLast updated: 1 day ago
    • Promoted
    • New!
    Assistant Vice President - Solutions Architect and Automation Lead

    Assistant Vice President - Solutions Architect and Automation Lead

    Genpactdehradun, uttarakhand, in
    Inviting applications for the role of.AVP, Solutions Architect & Automation Lead.The candidate will spearhead a team of engineers focused on creating advanced Automation and AI solutions for back-o...Show moreLast updated: less than 1 hour ago
    • Promoted
    • New!
    Middleware OIC Developer / Lead

    Middleware OIC Developer / Lead

    MyRemoteTeam Incdehradun, uttarakhand, in
    MyRemoteTeam, Inc is a fast-growing distributed workforce enabler, helping companies scale with top global talent.We empower businesses by providing world-class software engineers, operations suppo...Show moreLast updated: less than 1 hour ago
    • Promoted
    • New!
    Veeva Vault QMS Developer

    Veeva Vault QMS Developer

    Cygnus Professionals Inc.dehradun, uttarakhand, in
    Veeva development experience in Audits, Deviations and Exceptions.This role will be responsible for developing and maintaining solution architecture, system administration, security, and procedures...Show moreLast updated: less than 1 hour ago
    • Promoted
    • New!
    Vice President Claims

    Vice President Claims

    CraftmyCVdehradun, uttarakhand, in
    A client of CraftMyCV, this organization is a leading name in India’s infrastructure and construction industry.With over five decades of experience, the company has built a strong reputation for de...Show moreLast updated: less than 1 hour ago
    • Promoted
    • New!
    Data Modeler II [T500-21526]

    Data Modeler II [T500-21526]

    ADMdehradun, uttarakhand, in
    We are one of the world’s largest nutrition companies and a global leader in human and animal nutrition.We unlock the power of nature to provide nourishing quality of life by transforming crops int...Show moreLast updated: less than 1 hour ago
    • Promoted
    • New!
    VisionPLUS Developers

    VisionPLUS Developers

    Synechrondehradun, uttarakhand, in
    I hope this message finds you well.I'm excited to inform you about a career opportunity at Synechron.We are currently looking for talented and motivated individuals to join our team as VisionPLUS P...Show moreLast updated: less than 1 hour ago
    • Promoted
    Guidewire developer

    Guidewire developer

    APPIT Software Incdehradun, uttarakhand, in
    Nice to have skills - Guidewire Policy Center SBT.Proficiency in Policy Center Guidewire Configuration technical concepts. Strong conceptual, analytical & configuration skills.Collaborating cross wo...Show moreLast updated: 3 days ago
    • Promoted
    Vice President of Engineering

    Vice President of Engineering

    Darwix AIdehradun, uttarakhand, in
    Monday to Saturday (2nd and 4th Saturdays are working).Application – VP Engineering – [Your Name].Darwix AI is one of India’s fastest-growing GenAI SaaS platforms, transforming enterprise revenue t...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    Technical Lead

    Technical Lead

    NAZZTECdehradun, uttarakhand, in
    Experience Required : 8 – 10 Years.Qualification : Engineering (Computer Science).We are looking for a highly experienced. This role involves owning the technology roadmap, ensuring timely delivery, a...Show moreLast updated: less than 1 hour ago
    • Promoted
    Full Chip Physical Design Lead

    Full Chip Physical Design Lead

    eInfochips (An Arrow Company)dehradun, uttarakhand, in
    Full Chip PD Lead (8+ Years Experience).Bangalore, Hyderabad, Noida, Ahmedabad, Chennai, Pune.We are seeking a highly experienced. The ideal candidate will have hands-on expertise in database integr...Show moreLast updated: 3 days ago
    • Promoted
    Vice President, Engineering Management Lead – Agentic AI

    Vice President, Engineering Management Lead – Agentic AI

    Genpactdehradun, uttarakhand, in
    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 moreLast updated: 3 days ago
    • Promoted
    • New!
    Vice President of Delivery- EMEA

    Vice President of Delivery- EMEA

    Ally-eXecutive HRdehradun, uttarakhand, in
    VP – Technology Delivery – EMEA.Noida or Gurugram, open to Bangalore.Delivery Head role in service consulting role specifically in Insurance ( P&C areas). Strong expereince in coding / technical arch...Show moreLast updated: less than 1 hour ago
    • Promoted
    Product Lead – InfraSingularity

    Product Lead – InfraSingularity

    InfraSingularitydehradun, uttarakhand, in
    InfraSingularity is building the future of decentralized infrastructure.We operate as both a builder and investor in the Web3 ecosystem, empowering protocols, funds, and institutions with next-gene...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    Head of Product Design

    Head of Product Design

    CARS24dehradun, uttarakhand, in
    Lead and mentor a team of 15+ product designers and researchers, fostering a culture of excellence, curiosity, and innovation. Provide continuous guidance, structured feedback, and growth opportunit...Show moreLast updated: less than 1 hour ago
    • Promoted
    • New!
    Chief Technology Officer

    Chief Technology Officer

    Diamond Atelierdehradun, uttarakhand, in
    We’re expanding our technology team at.New York–based lab-grown diamond company launching multiple new digital brands — including our upcoming D2C jewelry brand. Our Mumbai creative & tech team is g...Show moreLast updated: less than 1 hour ago