IndusInd Bank

Job Title:
Sr. Analyst (Credit Model Governance, Development and Calibration/ Testing)

Department / Function :
Risk Management

Location - Mumbai

Position - AVP / DVP

Job Responsibilities :
• Ensure credit rating/ scoring models development/enhancement through statistical techniques and data analysis based on Bank's Strategy for new businesses
• Demonstrates usage of Corporate or Retail data analytics to utilize the same in decision making
• Reviewing changes based on the validation exercise internal and external
• Responsible for overall computation of Expected Credit loss of the Bank monitoring and reporting
• Adoption of Policy framework and computation of Expected Credit loss parameters
• Probability of Default (PIT PD using Markov chain/Vasichek model/Behavioural model/Roll rate model/ Best estimates model/Low default portfolio model)
• Loss Given Default (Work out LGD/ Basel IRB LGD / Best estimates LGD etc.)
• Exposure at Default (Cash Flow based/ Straight line amortization/ CCF basis for NFB etc.)
• Expected Credit Loss computation for financial instrument and Investments
• Determination and implementation of Staging Criterion (Rules based criteria for Stage 1/2/3 classification of financial assets) for various
• Liaising with Tech partner, Vendor, etc. to compute ECL through system implementation
• Coordinate closely with Business and Operations and Finance dept. to ensure that standards are being complied on the emerging changes in the portfolio for any realignment or rebalancing.
• Building and development of Risk based and Behavioral models for new portfolios and monitoring
• Evaluation, Testing & Recalibration and ongoing maintenance of existing models
• Ensuring data capturing, data completeness, data integrity and data quality
• Back testing and Validation of Rating and Scoring models and proposing suitable enhancements
• Knowledge of risk management and measurement techniques
• Market segment analysis to highlight any outliers
• Ensure credit risk compliances and regulatory guidelines

Key Skills :
• At least 4 years in Credit Risk Models and ECL computation experience in any form in Bank or reputed NBFCs
• Good knowledge of IND AS regulations BASEL/IFRS/RBI etc.
• Good knowledge of IND AS regulations BASEL/IFRS/RBI etc.
• Knowledge of using SAS/Python/R and other analytical software in data analysis, modeling, and reporting will be a benefit
• Strong knowledge and experience with statistical modelling, scorecard building, Logistic Regression, Linear Regression, Factor Analysis, Decision Trees etc.
• Demonstrated ability to communicate effectively with both technical and nontechnical stakeholders in both presentation and verbal communications.
• Proven ability to work in teams and manage projects and deliver business results in a rapidly changing and crossfunctional matrix environment.

Other Specifications:
• Educational Qualification: CA/ MBA from reputed institute / FRM / Masters or equivalent degree in a quantitative discipline such as Statistics, Mathematics, Quantitative Finance or Economics
• Experience: Minimum 6 or more years of relevant experience (upto 12 years