– ECL Modelling (FRAS)

About ECL Modelling team: Grant Thornton’s ECL Modelling team advises both domestic and international clients on Expected Credit Loss (ECL) models for various types of portfolios, such as retail and wholesale, and different portfolio sizes. This includes ECL model development, model validation, setting up model monitoring framework, and helping achieve efficiency through automation. Through our innovative solutions, we help ensure compliance with applicable standards, regulatory guidance, and adherence to acceptable industry practices.

Working together towards this objective, the agile team has a collaborative culture with supportive leaders. The open and encouraging culture places great focus on the growth of its people.

Job Title: Consultant

Job Location: Dehradun, Indore

Job Responsibilities

- Lead and contribute to the implementation, review, monitoring, and validation of Expected Credit Loss (ECL) models for clients, ensuring compliance with IFRS 9/Ind AS 109 standards and acceptable industry practices.
- Perform detailed reviews of ECL model components such as Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD), including full model assessments or reviews of individual components.
- Conduct code interpretation and review of models built using R and Python to ensure accuracy and adherence to best practices.
- Prepare comprehensive review reports and conduct impact analyses to assess the effectiveness of models.
- Engage in the development of automated models for ECL, utilizing advanced statistical techniques to enhance efficiency and accuracy.
- Apply appropriate statistical techniques for the monitoring and validation of each ECL component,



ensuring robustness and reliability in model outcomes.
- Stay informed of the latest industry trends, regulations, and standards set by regulators and standard setters, ensuring that all models adhere to relevant laws and best practices.
- Provide guidance on regulatory compliance related to ECL modeling, helping clients navigate complex regulatory landscapes.
- Work closely with clients in India and internationally, providing exceptional service and maintaining strong client relationships.
- Serve as a subject matter expert in ECL modeling and provide technical training to clients and internal teams. Contribute to thought leadership initiatives by participating in the development of articles, presentations, and research on ECL-related topics.
- Collaborate with internal and external stakeholders to ensure smooth execution of ECL projects and integration of automated solutions.
- This role requires a blend of technical expertise in ECL modeling and statistical techniques, as well as strong client relationship management and business development skills to support growth and deliver value to clients.

Qualifications and experience

- Qualification: A FRM / CFA / Chartered Accountant / Post Graduate in Statistics with a good academic record.

Skill Set

- Strong MS Excel skills (VLOOKUP, Pivot Tables, linked workbooks)



along with working knowledge of other MS Office programs.
- Strong research aptitude with the ability to critically analyse and interpret complex information.
- Good foundational knowledge of IFRS 9 framework.
- Strong verbal and written communication skills in English.

Personal Competencies
- Eagerness to learn and grow in a fast-paced, professional services environment.
- Proven ability to meet deadlines while maintaining quality and accuracy in deliverables.
- Team player with a positive, can-do attitude that contributes to a constructive working environment.
- Analytical skills — ability to collect, organize, interpret financial data, and design efficient work procedures.
- Excellent communication and interpersonal skills for effective client and team interactions.
- Ability to work in a fast-paced and dynamic environment across multiple concurrent engagements.

How you’ll grow You will have the opportunity to develop a wide range of skills and knowledge. You will have access to ongoing education and training opportunities to keep up to date with the latest industry trends and regulations. You will also have the opportunity to work with a diverse range of clients – both domestic and international, each with unique challenges, which will provide valuable experience.

Additionally, you will work closely with other departments and professionals within the organization, which will provide opportunities to develop cross-functional collaboration and project management skills. Finally, with experience and success in this role, you may have opportunities for career advancement with in-depth sector knowledge.

📌 Consultant (Dehradun)
🏢 Grant Thornton
📍 Dehradun