Most senior credit-risk roles ask you to go deep on one thing and stay there. This one is the opposite.
Our client is the advisory arm of a global ratings and credit analytics group. Their Mumbai team builds probability-of-default models for clients worldwide, a GCC central bank one week, a corporate or project-finance model for a major international lender the next, then an asset class nobody on the team has touched before. Clients come to them expecting answers, and this hire is the person who provides them.
It's the most senior role in the office, leading the analyst team at the point where the practice is being rebuilt and scaled after its strongest year to date. You'd shape strategy and recent solutions directly with the global head of the business.
What's essential:
End-to-end credit risk model development, built from scratch — not just validation Real depth in corporate and project finance PD models, including ratings criteria,
methodologies and the drivers of default — not just retail or bank-internal models Polished communication with senior international stakeholders (GCC, Europe, US) Comfort with consultancy pace — several concurrent projects, months not years Valuable but not essential: team leadership experience, working quant literacy (you direct the quants, you don't need to be one), a ratings or risk-advisory background alongside banking, FRM.
This tends to suit people who are genuinely interested in methodology, the sort who enjoy being handed an unfamiliar portfolio and working out what drives it. If you've spent your career on one model family in a bank, it's probably not the right fit. If you're from risk advisory, consultancy or a ratings background and want variety, client contact and something to build, it likely is.
Competitive package. Based in Mumbai.