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Lead Model Developer/Validator - Corporate Credit Risk Rating

Lead Model Developer/Validator - Corporate Credit Risk Rating

Crisil

5 - 10 years

7 - 12 Lacs

Mumbai Pune

Posted:4 hours ago| Platform:

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Skills Required

SAS Analytical risk modeling Machine learning SAS Programming Corporate credit Risk management SQL Technical documentation Python

Work Mode

Work from Office

Job Type

Full Time

Job Description

Job Overview:

We are seeking an experienced Lead Model Developer/Validator with exceptional expertise in credit risk modeling with primary focus on Internal Credit Risk Rating modeling. The ideal candidate will bring deep domain knowledge and advanced technical skills to drive sophisticated credit risk modeling initiatives across retail and wholesale portfolios.

Position Details:

Location: Pan India

Experience Level: 5-10 years

Employment Type: Full-time

Key Responsibilities:

Lead end-to-end development and validation of advanced credit risk models, including, PD, EAD, LGD and with emphasis on Expert judgement-based PD models for Corporate, Specialised Lending and Financial Institutions.
Conduct comprehensive data preparation, preprocessing using tools including SAS, Python, R, and SQL
Collaborate with cross-functional stakeholders to analyze, interpret, and communicate complex model results and insights
Develop comprehensive technical documentation including:
- Regulatory compliance Model documentation
- Test plans
- Validation reports/Findings Report
- Business Requirements Documents (BRD), where applicable
Drive continuous model improvement through:
- Identifying optimization opportunities; Implementing advanced modeling techniques; Enhancing model performance and predictive accuracy
Provide mentorship and technical guidance to junior team members, fostering a culture of knowledge sharing and professional development

Required Qualifications:

5-10 years of hands-on experience in credit risk model development and validation
Proven expertise in modeling across retail and wholesale credit portfolios
Advanced proficiency in: SAS, Python, R, SQL
Deep understanding of IFRS9 and CECL regulatory frameworks and guidance
Exceptional analytical and problem-solving skills
Excellent written and verbal communication abilities

Preferred Qualifications:

Advanced degree in Statistics, Mathematics, Economics, or related field
Professional certifications in risk management or financial modeling
Experience with IRB modeling, machine learning/advanced statistical modeling techniques
Knowledge of Basel regulatory guidance

Technical Skills:

Model Development: PD, LGD, EAD, Qualitative PD Models
Programming: SAS, Python, R, SQL
Regulatory Knowledge: IRB, IFRS9, CECL
Statistical Modeling
Data Preprocessing
Machine Learning Techniques

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Crisil

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Mumbai Maharashtra

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Lead Model Developer/Validator - Corporate Credit Risk Rating