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Brickwork Ratings

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3.8

based on 128 Reviews

16 Brickwork Ratings Jobs

Head - Criteria, Model Development & Research

brickworks Ratings

3.8

based on 128 Reviews

15-20 years

Mumbai

1 vacancy

Head - Criteria, Model Development & Research

Brickwork Ratings

posted 13d ago

Job Role Insights

Fixed timing

Key skills for the job

Research Clinical SAS Programming Home Loans Structured Finance Credit Risk Modelling Project Finance

+ 3 more

Job Description

1. Criteria Development

Closely monitor regulatory policy changes concerning CRAs and ensure timely adoption and dissemination of new/revised policies and criteria and regulatory guidelines

Provide the seed idea and lead the team for criteria development and maintenance

Explain and defend the criteria developed for external and internal stakeholders

Chair the internal Criteria Committee

2. Model Development

Lead the team responsible for Credit Risk Rating Model design and development, Scoring model Calibration & Validation.

Design and develop internal credit risk rating assessment models and scoring templates for various verticals using statistical techniques or hybrid approaches. Validate the initial model, implement the model, and monitor the models periodically.

Formulate Rating Model policies and new products for the rating department

Collaborate with the Rating team / Chief Ratings Officer for requirements of the model

Liaise with the regulators on credit risk rating models and improvements.

3. Research

Leading the relevant team regarding the initiative to produce relevant content and research.

Identifying trends in the economy, industry sectors, and regulatory fronts, advising the analytical groups suitably to be addressed during the rating process

Closely monitor the macroeconomic environment, and regulatory policy changes with timely refinements to risk models including sensitivity analysis and forecasts, as necessary.

4. Performance Measurement

Develop and publish rating transition matrices and default studies per the extant regulatory guidelines.

Respond to queries from regulators regarding performance metrics

Responsible for the relevant quarterly, half-yearly, and annual disclosures required as per regulations

5. Others

Conduct regular training programs for the analytical team and other stakeholders on all issues relating to model development, scoring templates, and methodologies including implementation and enhancement.

Provide strategic insights to Management and work closely with them to prioritize business and rating team information needs

Competency / Skills:

Competencies and Skills:

Strong mathematical ability

Expertise in statistical techniques and concepts

Experience using statistical software for analyzing datasets (Excel, SPSS, SAS, etc.) is desirable.

Strong analytical skills with the ability to supervise and guide two separate teams

Ability to analyze, model, and interpret data with attention to detail and accuracy.

Experience in Regulatory reporting and managing regulatory audits

CA /BTech + MBA from a recognized institute in India.

Each word in the name should start with caps, name should end with alphabet, can contain only alphabets, dot, space, apostrophe() Mobile number should begin with 7 or 8 or 9,should be 10 digits, spaces/dots/dashes are not allowed. invalid email address Relevant Work Experience in years (CRAs / Banks / Finance Companies)

Employment Type: Full Time, Permanent

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