3.0 - 8.0 years

25 - 30 Lacs

Bengaluru

Work from Office

Job Title: Manager IRB & Scorecard Development Location: Bangalore Experience Required: 3 to 10 years Employment Type: Full-Time Domain: Banking / Financial Services / Credit Risk Analytics Job Summary: We are seeking an experienced and detail-oriented Credit Risk Modeler with strong hands-on expertise in IRB (Internal Ratings-Based) modeling and credit scorecard development . The ideal candidate will contribute to the design, development, validation, and monitoring of models used for regulatory capital calculation (as per Basel norms) and business decisioning (such as application, behavior, and collections scorecards). You will work closely with risk, data, compliance, and business teams to ensure model robustness, regulatory alignment, and business relevance. Key Responsibilities: Model Development & Maintenance Design and build credit risk models for PD, LGD, and EAD estimation under the IRB framework (Basel II/III/IV). Develop and implement credit scorecards (application, behavior, and collections) using statistical techniques like logistic regression , decision trees , and machine learning . Lead model performance monitoring , backtesting, and recalibration initiatives. Translate regulatory guidelines into technical specifications and modeling requirements. Data & Analytics Conduct data extraction, cleaning, and preprocessing using tools like SQL, Python Perform exploratory data analysis (EDA) , feature engineering, and variable selection. Handle large-scale, imbalanced, and skewed datasets using best practices in credit modeling. Documentation & Regulatory Support Prepare detailed model documentation, including model development reports (MDRs) , validation reports , and regulatory submission artifacts . Support internal and external model validation , audits, and regulatory reviews (e.g., by RBI, ECB, PRA). Collaboration & Communication Work cross-functionally with risk, compliance, product, and IT teams to deploy models into production. Communicate findings and technical insights to non-technical stakeholders clearly and effectively. Provide thought leadership on model governance , regulatory changes , and emerging best practices . Required Skills & Experience: 38 years of experience in credit risk modeling , particularly within retail, SME, or wholesale portfolios . Proven hands-on experience in IRB model development (PD/LGD/EAD) aligned with Basel II/III regulations. Strong experience developing credit scorecards for lending or collections. Proficient in Python with sound knowledge of SQL for data extraction and analysis. Solid understanding of statistical techniques , model validation , and model monitoring . Familiarity with regulatory requirements and model risk management frameworks Strong problem-solving, analytical thinking, and communication skills.

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