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NMD IRRBB Model Development Consultant

NMD IRRBB Model Development Consultant

Unison GroupHyderabad, TS, IN
4 days ago
Job type
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Job description

Job Title :  Advisor – NMD IRRBB Model Development

Work Type :  Freelancer or Consultant

SKIILS : NMD = Non-Maturity Deposits

Job Summary :   We are seeking an experienced Advisor to lead the development and implementation of NMD IRRBB models in line with European regulatory requirements. The ideal candidate will combine deep technical expertise in model development with practical Python programming skills to deliver actionable solutions. Non-Maturity Deposits

Key Responsibilities :

  • Lead end-to-end  NMD IRRBB model development  initiatives, ensuring compliance with European regulatory standards.
  • Translate regulatory requirements into  robust, technical model frameworks .
  • Develop, validate, and maintain  statistical and risk models  using Python and other relevant tools.
  • Provide  practical solutions and recommendations  to complex risk modeling challenges.
  • Collaborate with stakeholders across Risk, Finance, and IT teams to ensure model integrity and operational feasibility.
  • Stay updated with evolving  European banking regulations  and ensure models are compliant.
  • Conduct technical reviews, documentation, and presentations for senior management and regulatory reporting.

Required Qualifications & Skills :

  • Proven experience in  NMD IRRBB model development  and  European regulatory frameworks  (e.g., EBA, Basel).
  • Strong  Python programming skills ; experience with data manipulation, statistical modeling, and automation.
  • Expertise in  risk modeling, validation, and implementation .
  • Solid understanding of  quantitative risk concepts , credit risk, and non-marketable risks.
  • Excellent problem-solving skills with the ability to  deliver practical solutions .
  • Strong communication and stakeholder management skills.
  • Preferred :

  • Experience with other modeling tools such as R, SAS, or MATLAB.
  • Exposure to  machine learning or AI-based risk models .
  • Familiarity with cloud platforms or data pipelines for model implementation.
  • Experience :

  • Minimum  10 years  in risk modeling or quantitative analysis within banking or financial institutions.
  • Key Attributes :

  • Hands-on, solution-oriented, and proactive in driving model development.
  • Detail-oriented with strong analytical and technical skills.
  • Ability to work independently and mentor junior team members.
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    Consultant • Hyderabad, TS, IN