Years : 5-10 years Location Mumbai Credit Risk IRB
job description
The role of a Credit Risk IRB modeler involves a range of responsibilities that are crucial for the financial health and regulatory compliance of organizations. Here are some
key responsibilities
and requirements associated with a Credit Risk IRB job:
• Hands-on involvement in IRB Basel model build activities: This includes the development and validation support for PD and LGD models.
• Documentation and support for regulatory submissions and audits: Ensuring compliance with Basel requirements and providing documentation for regulatory submissions.
• Collaboration with stakeholders: Working constructively with model development teams, risk, business, technology, audit, and governance forums to explain validation conclusions and support timely issue closure.
• Experience in IRB
- Basel regulatory modelling: A solid understanding of Basel frameworks and regulatory expectations is essential.
• Experience in risk modelling within banking or financial services: This experience is preferred but not mandatory.
• Key
Skills:
Robust exposure to PD and LGD Model development, solid understanding of Basel framework. These responsibilities and skills are essential for a Credit Risk IRB modeler to contribute effectively to the development and maintenance of IRB credit risk models, ensuring compliance with regulatory standards and supporting the organization's risk management strategy.