AVP, Model Development

Job Purpose: The job purpose is to develop the non-retail credit risk capabilities through leading activities pertaining to the development including calibration of credit risk models, viz., regulatory, non-regulatory and econometric models.

Post-Graduate in Business Management/Information technology. Relevant certification from GARP/CFA would be an advantage. Minimum 5+ years proven experience in banks of comparable size in area of risk management and macro-economic fundamentals.

Key Accountabilities: Group wide Portfolio Analytics – Non-Retail Risk Models  Work with the Head office team and provide specialist analytical views on the risk models and their use in the business, responsible to the business for ensuring that the suite of models is in place and fit for purpose.  Responsible for the development and implementation of new-to-market non-retail credit risk models as per supervisor’s guidance. Ensure the compliance to observations raised by audit, regulatory and internal validation teams. Manage the accurate implementation of models, through providing comprehensive implementation specifications and guidance around UAT testing and approvals.  Manage the process to ensure that model impacts are produced and understood, communicated as necessary to support committee recommendations and timely regulatory submissions.  Policies, Systems, Processes & Procedures  Identify opportunities to leverage new systems, amend and update processes to deliver higher returns of efficiency, service etc. while maintaining compliance with the relevant policies.    Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.    Demonstrate compliance to organisation’s values and ethics at all times to support the establishment of a value driven culture within the bank.   Continuous Improvement Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.   Minimum Qualification Post-Graduate in Business Management/Information technology. Relevant certification from GARP/CFA would be an advantage Experience Minimum 5+ years proven experience in banks of comparable size in area of risk management and macro-economic fundamentals.