Functional Consultant

Job Summary

JOB DESCRIPTION Designation: Senior Practice Leader Location: Bangalore / Chennai Experience: 15+ years Industry domain: Banking and Financial services Sub domain: Risk modeling and regulatory services Our customer is a 50-year-old G-SIB organization. As part of compliance with BASEL III norms, the organization adheres to Internal Ratings Based – Advanced (IRB-A) approach while simultaneously catering to the standard methodology at a group-level. In order to streamline risk management, processing and reporting for the latter, the organization has undertaken the initiative to build a “Unified and Standardized Modelling Platform”. The key process areas the new platform would support are IRB-A, BASEL, Financial Risk Modelling (especially Credit Risk) Tax (Direct, Indirect, Local) Internal Regulatory Risk Management Assessments We are looking for a senior risk management subject matter expert to lead the overall engagement from discovery, ideation to implementation. The successful candidate is expected to engage with multiple stakeholders in the organization’s Risk and Finance functions, lead medium and junior experienced associates and provide thought leadership for effective fulfilment as per project and program deadlines. Detailed aspects pertaining to the position are as mentioned below. Roles & Responsibilities: Daily activities Lead the transition from BASEL II to BASEL III / 3.1. Focus on IRB-A from a group-level functionality perspective, while adhering to standardized approaches across multiple lines of business and geographies. Ensure compliance with various regulations, including cloud onboarding when necessary. Create consistency in capital reporting, liquidity risk management, and capital management Oversee implementation and ensure compliance with BCBS 239 guidelines – Data Governance, Data Quality, Data lineage and Master Data Management. Preferred experience: Familiarity with risk data, exposure to risk and financial platform, managing risk systems, financial analysis/reporting experience (preferably with experience in global Regulatory Reporting). Knowledge of risk management and reporting processes and an understanding of various aspects of risk including Credit Risk modeling (including but not limited to LGD, PD, EAD modeling), RWA, EL, Market Risk, Liquidity Risk and Operational Risk. Exposure to statistical techniques and terminologies, e.g. Bi-variate analysis, linear / logistic regression, time-series analysis, distributions, correlation, co-variance, std.dev, IV, WoE, etc. will be good to have. Experience with tools e.g., Axiom, SAS, and Moody’s Risk Analytics. Exposure to Python, R, Java are good to have. Skills and qualifications: MBA / CPA or relevant degree in quantitative finance. Above-average to expert level risk-domain expertise. Excellent at verbal, written and presentation skills. Ability to present & defend a solution with technical facts & business details. Ability to communicate effectively, across multiple organizational levels Flexible, team-oriented with excellent interpersonal and collaborative skills. Good demonstration of thought and knowledge leadership. Past experience in people management is preferable.