Job Title: Lead Model Developer
Job Location: Remote, India
Experience: 5+ Years
Notice Period: Maximum 30 Days
Budget: Up to 27 LPA - Fixed components
Domain: International Banking
Skills: Lead Model developer, Wholesale Model Monitoring, Data Management, Financial Risk Management, Python, SQL, Credit Risk or PD model/model development, Banking processes, Oracle

Job Description:
Key Result Areas:
Technical & Delivery Responsibilities

Support the data preparation and model development, validation, and lifecycle management of Wholesale Rating Models
Support model development and validation including:
Corporate/Wholesale Rating Models including Large Corporate, Mid Corporate, SME, Sovereign, FI, HNWI, Project Finance, and Specialized Lending
Explore new approaches for rating model development for low default portfolios
Master Rating Scale (MRS) calibration

Mandatory / Essential:

Robust foundation in Statistics and Mathematics.
At least 4-5 years of banking experience, out of which 1-2 years are spent in related areas




Strong analytical skills and knowledge on Financial Risk Management
At least 2-3 years of banking experience in related areas
Excellent computer skills (especially R, Python, SAS, Excel, Visual Basic, SQL & Oracle)

Data Management

Lead end-to-end data lifecycle management for model development, including sourcing, profiling, transformation, and documentation.
Identify data requirements for model development.
Coordinate with IT and data engineering teams to streamline data pipelines required for model development .

Wholesale Model Monitoring

Outline the goals of model monitoring, considering factors like accuracy and other relevant metrics based on the model purpose
Determine the expected performance of the respective models on historical data
Implement monitoring tools to continuously assess model performance. This includes monitoring input data quality, predictions
Communicate the model performance to relevant stakeholders to ensure the prompt at

📌 Lead Model Developer (India)
🏢 ParamInfo
📍 India