Non-Financial Risk Quantification Sr Analyst

2 - 3 years

4 - 5 Lacs

Posted:2 weeks ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Sr Analyst, Non-Financial Risk Quantification, is a key member of the Risk Analytics Team, acting as an individual contributor in the development and maintenance of high-quality risk analytics for Non-Financial Risk models. The analyst will ideate, develop and test quantitative modelling and measuring techniques, and support other aspects of analytics including automation, data engineering and present ideas and result to leadership team. The role will cover several aspects of model lifecycle including development, monitoring, recalibration, and implementation of risk models in R/Python etc.
Major Duties
  • Research and evaluate quantitative approaches for model development; coding, testing and validation
  • Assist team members in the statistical model development, monitoring, implementation and model validation for Operational Risk models (AMA capital estimation, stress testing, capital allocation etc)
  • Work on improving efficiencies and modelling activities that require enhancements for execution, standards and maintenance of risk models
  • Pitch, develop, and test Machine Learning and AI models and compare the model performance against the legacy statistical models
  • Examples of some of the commonly used techniques used by our team include OLS and Logistic Regression, Time Series Regression, Monte Carlo Simulation, Decision Trees, Gradient Boost, Bayesian Inference etc
Skills Required
  • 2-3 years of experience
  • Sound knowledge of Probability and Statistics
  • Experience in Data Science Projects (Statistical Modelling/Machine Learning)
  • Programming in R/Python
  • Knowledge/Interest in Banking and Financial Services

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