Senior consultant - Credit Risk

Position- Senior Consultant: Credit Risk

Job Summary:

We are seeking a highly motivated and detail-oriented Risk consultant to join our team in Mumbai. A successful candidate will have a strong background in credit risk. Understanding of other crucial risks such as Market, Operational, Liquidity, and Interest Rate risk will be beneficial.

Key Responsibilities:

· Work on credit risk consulting offerings, including Expected Credit Loss (ECL), Capital computation, model development and validation, credit policy and process, and risk appetite statements.

· Provide expertise in credit risk assessment, measurement, and management to clients in the banking and financial services industry.

· Provide key support in other risk areas, including Market, Operational, Liquidity, and Interest Rate risk.

· Develop and maintain credit risk models, including probability of default (PD), loss given default (LGD), and exposure at default (EAD) models.

· Validate credit risk models and ensure compliance with regulatory requirements.

· Collaborate with clients to develop and implement credit risk policies and procedures.

Requirements:

· A graduate degree in a relevant field (e.g., Finance, Economics, Statistics, Mathematics) OR MBA from a Tier II or III college, CFA, or FRM certification is beneficial.

· Able to analyze financial templates/ CMA and understand key financial ratios for credit underwriting.

· Understanding the corporate credit underwriting process and understanding of corporate banking products.

· At least 2 years of relevant work experience in the risk domain.

· Familiarity with credit risk concepts, including ECL, Capital computation, and credit risk modeling, Credit Policy and Process Review.

· Familiarity with Market, Operational, Liquidity, and Interest Rate risk.

· Excellent analytical, problem-solving, and communication skills.

· Ability to work in a fast-paced environment and meet tight deadlines.

· Strong attention to detail and ability to work accurately.