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

Vice President - Model Developer (Wholesale Risk)

MashreqPune, 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 • Pune, IN

    Related jobs
    • Promoted
    Vice President-Software Engineer

    Vice President-Software Engineer

    ConfidentialPune, India
    Step into the role of Vice President-Software Engineer.At Barclays, we are more than a Bank, we are force of progress.As a Vice President-Software Engineer, where you'll play a key role to lead and...Show moreLast updated: 22 days ago
    • Promoted
    Technology Management Lead - VP

    Technology Management Lead - VP

    Deutsche BankPune, India
    Job Title : Technology Management Lead.Corporate Title : Vice President.Infrastructure Core Products (ICP) - Global Network Services (GNS) is responsible for the engineering, development, and operati...Show moreLast updated: 30+ days ago
    • Promoted
    C# Developer, VP

    C# Developer, VP

    Deutsche BankPune, India
    DB Technology is a global team of tech specialists, spread across multiple trading hubs and tech centers.We have a strong focus on promoting technical excellence - our engineers work at the forefro...Show moreLast updated: 13 days ago
    • Promoted
    EduFund - Director - Technology

    EduFund - Director - Technology

    EduFundPune, India
    Director - Technology the job About the Role : We are seeking a Technical Lead to drive the technical vision and hands-on deliv...Show moreLast updated: 30+ days ago
    • Promoted
    Vice President - Software Engineer

    Vice President - Software Engineer

    ConfidentialPune, India
    Design, develop, and maintain scalable and high-performance backend systems using Python and related frameworks.Apply industry-aligned programming languages, tools, and frameworks to ensure that co...Show moreLast updated: 22 days ago
    • Promoted
    Vice President of Software Engineering

    Vice President of Software Engineering

    Advantmed India LLPPune, Maharashtra, India
    Designation : Vice President, Engineering Reporting : Head, Tech Strategy & Product Development Location : Pune / Ahmedabad Working Model : Hybrid Role Summary : - The Vice President – Engineering w...Show moreLast updated: 11 days ago
    • Promoted
    Vice President of Engineering

    Vice President of Engineering

    Ness Digital EngineeringPune, Maharashtra, India
    Ness is seeking an experienced VP Engineering, with a strong product engineering background and passion for engineering and creating products to solve business problems. Provide technology leadershi...Show moreLast updated: 18 days ago
    • Promoted
    Director - Product Engineering

    Director - Product Engineering

    PeoplefyPune
    About the Role : We are seeking a dynamic and experienced Product Engineering Leader to drive the design, development, and delivery of cutting-edge web and mobile a...Show moreLast updated: 30+ days ago
    • Promoted
    Director of Software Engineering

    Director of Software Engineering

    Searce IncPune, Maharashtra, India
    Director - Modern Product Engineering A Directly Responsible Individual (DRI) for pioneering intelligent business outcomes, leading complex AI-native software engineering initiatives with revenue ...Show moreLast updated: 12 days ago
    • Promoted
    • New!
    Lead PLM Engineer

    Lead PLM Engineer

    Varrocpimpri-chinchwad, India
    Product Lifecycle Management (PLM) : .Expertise in PLM processes and methodologies.Functional expertise in New Product Introduction (NPI), product engineering & Bill of Materials (BOM) management, pr...Show moreLast updated: 12 hours ago
    • Promoted
    Vice President of Artificial Intelligence

    Vice President of Artificial Intelligence

    Intellect Design Arena LtdPune, Maharashtra, India
    Role : AI / ML & Generative AI Architect / Engineering Leader Experience : 15 + Years Location : Pune Mandatory-Should have a stable track record Suitable candidate shall be notified the same day A...Show moreLast updated: 30+ days ago
    • Promoted
    Vice President of Engineering

    Vice President of Engineering

    HyreSnapPune
    Description : - Lead and manage a high-performing engineering team of 15-20 members, including 2-3 Engineering Managers.Set the technical vision and roadmap to drive ...Show moreLast updated: 30+ days ago
    • Promoted
    VIAVI Solutions - Chief Software Architect - C / C++

    VIAVI Solutions - Chief Software Architect - C / C++

    Viavi Solutions India Private LimitedPune
    Duties & Responsibilities : We are seeking an enthusiastic and skilled Software Chief Architect to join our team developing state of the art test & measureme...Show moreLast updated: 12 days ago
    • Promoted
    Vice President, Engineering Management Lead – Agentic AI

    Vice President, Engineering Management Lead – Agentic AI

    GenpactPune, 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: 5 days ago
    • Promoted
    DATA Intelo - Associate Vice President - Research & Consulting Growth

    DATA Intelo - Associate Vice President - Research & Consulting Growth

    DATA INTELOPune, India
    Posting Associate Vice President (AVP) Research & Consulting Growth Location : Pune, India (Onsite) Experience : 10 to 15 years Func...Show moreLast updated: 30+ days ago
    • Promoted
    Mastercard - Vice President - Engineering - Connectivity Platforms Services

    Mastercard - Vice President - Engineering - Connectivity Platforms Services

    MasterCardPune, India
    Description : We are seeking a Vice President, Software Engineering to join our Pune team, focusing on building and operating our Next Generation File Transfer platform.This is an exciting...Show moreLast updated: 19 days ago
    • Promoted
    Viavi Solutions - Chief Software Architect

    Viavi Solutions - Chief Software Architect

    Viavi Solutions India Private LimitedPune, India
    Summary : - VIAVI (NASDAQ : VIAV) is a global provider of network test, monitoring and assurance solutions for telecommunications, cloud, enterprises, first responders, military...Show moreLast updated: 12 days ago
    • Promoted
    Master Card - Vice President of Engineering - Connectivity Platforms Services

    Master Card - Vice President of Engineering - Connectivity Platforms Services

    MasterCardPune
    Description : Our Purpose : Mastercard powers economies and empowers people in 200+ countries and territories worldwide.Together with our custome...Show moreLast updated: 18 days ago