Piramal Capital & Housing Finance Limited
Location
Mumbai | India
Job description
Key Responsibilities: •Trigger monitoring and control -Coordinating with analytics team for preparation/improvement in model risk management dashboard/ Analysis/ development of score card •Oversee the model development strategy along with development team •Own the Model Risk Policy and introduce appropriate provisions in accordance with the development in modeling environment and Company’s vision. •Review the model including model documents, development and validation data, assumptions as per business requirements •Monitor and highlight the risks observed in the model development process, implementation, and performance and suggest mitigation. •Monitor the usage of the model is in line with what was envisaged in the model documents •Credit Risk analytics – Portfolio analysis and monitoring using various analytical techniques an tools.
Essential Experience: •Candidate must have prior experience in the development, maintenance, enhancement, and optimization of various models, including models used for customer risk ranking which may include machine learning or artificial intelligence •Expertise in Data extraction, transformation, loading (ETL,), Data cleaning and Analysis. •Sound understanding Credit Risk analytics including Decision Tree, Trend Forecasting techniques, correlation and regression analysis etc. •Experience in retail lending credit risk models (PD, LGD, Eligibility assessment) is essential. •Familiarity with Python and XG Boost models will be preferred •Familiarity with Model validation and monitoring. •Knowledge of retail lending business trends •Ability to write Model Risk Management findings in technical documents that could be used for presentations both internally (model developers, business unit managers) as well as externally (regulators). •Draft documentation surrounding the design of models and establish ongoing monitoring controls while collaborating with quantitative analysts and subject matter experts in efforts to develop, or enhance, modelsJob tags
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