COMPLETE Manager - Business Consulting Risk - FSRM - Mumbai

Job Description

The opportunity:

EY - IRB Model Development - Business Consulting Risk - FSRM - Mumbai (Open for across locations)

Our FSRM team is a fast-moving, high-growth area with huge potential. It offers variety, challenge, responsibility and the opportunity to realize your leadership potential.

Our Financial Services Risk Management (FSRM) practice focuses on risk management, regulatory, quantitative, and technology backgrounds. The breadth of experiences of FSRM professionals enables the practice to coordinate the delivery of a broad array of risk management services to capital market participants throughout the world in a well-integrated manner.

Your key responsibilities:

• Estimating credit risk imbedded in the retail/wholesale credit product portfolios and the regulatory and economic capital to allocate against these portfolios
• Development and maintenance of the retail/non-retail IRB models (PD, LGD and EAD) to support quantification and identification of portfolio credit risk across all asset classes using SAS
• Lead fluency with industry standards and methodologies relating to credit models (PD, LGD and EAD)
• Understanding of the consumption layer of the curated data, i.e. Model development for credit risk models, especially AIRB (PD, LGD and EAD models)
• Understanding of variables treatments, exclusions, transformations and data sources
• Understanding of credit risk model constructs and different credit risk modelling frameworks
• Data mining involving large credit risk databases that contain historical and current performance data
• The candidate needs to have a good knowledge of statistical methods and tools including logistic regression, Bayesian statistics, Markov chain process, time series analysis etc.
• Ability to work directly with client with no handholding
• Ad-hoc data analysis and queries to support questions and process migration

To qualify for the role, you must have:

• 4 to12 years of related work experience
• A degree in engineering, Statistics or Econometrics or a related quantitative discipline; M. Stat. preferred
• Knowledge of Credit Risk Models - PD, EAD, and LGD, scorecards, Basel II/III IRB approach for Credit Risk, Logistic and Linear Regression Models
• Strong experience in the credit risk model development from scratch
• Advanced knowledge of SAS/Python (4+ Years of experience), statistical procedures and knowledge of automation

Skills and attributes:

In addition to technical competence, what will set you up for success at EY is your ability to:

• Strong verbal and written communication skills, including the ability to document analytical results suitable for audiences of all technical levels
• Strong analytical, interpersonal skills, and client presentation skills
• Experience in working as a part of bigger teams working towards a common goal
• Experience working with multiple datasets, cleaning data and performing data analysis
• Pursue passions beyond work and invest in your wellbeing

What we look for:

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful and able to sustain positive energy, while being adaptable and creative in their approach.

What we offer:

With more than 200,000 clients, 300,000 people globally and 33,000 people in India, EY has become the strongest brand and the most attractive employer in our field, with market-leading growth over compete. Our people work side-by-side with market-leading entrepreneurs, game- changers, disruptors and visionaries. As an organization, we are investing more time, technology and money, than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills and opportunities.

EY is equally committed to being an inclusive employer and we strive to achieve the right balance for our people - enabling us to deliver excellent client service whilst allowing our people to build their career as well as focus on their wellbeing.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in building a better working world. Apply now.