Job Description: Credit Risk Modelling
Position Title: Credit Risk Modeler
Location: PAN India

Overview:
The Credit Risk Modeler will be responsible for developing, validating, and maintaining credit risk models that are used to assess the creditworthiness of borrowers and counterparties. This role is critical to the financial institution's risk management framework, ensuring that the models meet regulatory requirements, align with business objectives, and help in managing credit risk effectively. The modeler will work closely with other risk professionals, data scientists, and business stakeholders to ensure that credit risk models are accurate, robust, and aligned with the bank’s risk appetite.

Key Responsibilities:

Model Development:
Develop and implement credit risk models, including Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD), and Credit Valuation Adjustment (CVA).
Create and maintain scoring models, credit rating models, and stress testing frameworks.




Apply statistical and machine learning techniques to develop predictive models using large datasets.

Model Validation and Performance Monitoring:
Validate existing credit risk models to ensure they are accurate, up-to-date, and compliant with regulatory standards.
Perform back testing and stress testing to assess model performance under various market conditions.
Monitor the ongoing performance of models and recommend adjustments as needed to improve accuracy and reliability.

Data Analysis and Reporting:
Analyze historical credit data to identify trends, patterns, and factors influencing credit risk.
Prepare and present reports on model performance, risk exposures, and potential losses to senior management and other stakeholders.
Work with IT and data teams to ensure data integrity and availability for model development.

Regulatory Compliance:
Ensure credit risk models comply with internal policies and regulatory requirements (e.g., Basel III, IFRS 9, or other applicable

📌 Assistant Manager/ Manager-Credit Risk (Gurugram)
🏢 EXL
📍 Gurugram