Assistant Vice President Quant role Economic Capital Modelling

Position : Assistant Vice President – Economic Capital Modelling

Location : Bengaluru

Reporting to : Vice President / Director

Key Responsibilities :

Credit Economic Capital Modelling

✅ Support global and regional Economic Capital production processes.

✅ Run, maintain, and update monthly simulations using Moody’s RiskFrontier or similar vendor models.

✅ Standardize and align EC modelling parameters across co`s regions.

✅ Conduct peer code reviews, automate production processes, and enhance model governance.

Credit Risk Framework

✅ Manage and refine credit risk appetite and concentration limit frameworks aligned to business strategy.

✅ Assess credit portfolio quality under changing economic and market conditions.

✅ Contribute to policy reviews and risk identification initiatives in coordination with global teams.

Credit Loss Forecasting Models

✅ Implement and enhance credit risk models (PD / LGD / EAD) to forecast stress losses.

✅ Standardize data extraction across systems for credit portfolio modelling.

✅ Support model validation, stress testing, and scenario-based forecasting initiatives.

Requirements : Technical Skills :

Strong experience with Python / R / Pandas for data analysis and model development.

Proficiency with Git / Bitbucket for version control.

Experience with Monte Carlo simulations, stress testing, and credit loss forecasting.

Familiarity with regression, multivariate analysis, machine learning, and deep learning techniques.

Exposure to cloud computing (AWS) preferred.

Experience & Education :

Bachelor’s or Master’s degree in Computer Science, Engineering, Finance, or Quantitative disciplines.

3+ years’ experience in credit analytics or risk modelling functions.

2+ years in front-office support or related functions within a major bank, insurance firm, or financial institution.

Strong teamwork, critical thinking, and communication skills with the ability to lead and advocate analytical projects.

Apply now or reach out to me for more details! :

varsha@zodnik.in