IRB Modelling Role - Credit Risk Model Development - 5+ Years - Pan In

IRB Modelling Role - Credit Risk Model Development - 5+ Years - Pan India

Are you an experienced Credit Risk Model Developer with expertise in IRB (Internal Ratings-Based) Modelling and wholesale credit risk portfolios We are looking for a skilled professional to develop, calibrate, and implement advanced credit risk models while supporting regulatory compliance under the Basel IRB framework. This is an excellent opportunity to work on sophisticated risk modelling initiatives using advanced statistical and programming techniques.

Location Pan India

Your Future Employer - A leading organization in the Banking & Financial Services domain, offering an opportunity to work on enterprise-scale credit risk modelling, regulatory capital frameworks, and advanced analytics for wholesale banking portfolios.

ResponsibilitiesDevelop and enhance Probability of Default (PD) models in compliance with IRB regulatory standards.Perform data extraction, data preparation, preprocessing, and statistical analysis using Python, R, and SQL.Design, build, calibrate, validate, and implement robust credit risk models across wholesale/LDP portfolios.Perform User Acceptance Testing (UAT) and support successful model implementation.Collaborate with cross-functional stakeholders to analyze, interpret, and communicate model outputs and business insights.Prepare technical documentation including Model Documentation, Business Requirement Documents (BRDs), Validation Reports, and Regulatory Compliance Documentation.Identify model enhancement opportunities and implement advanced modelling techniques to improve predictive accuracy and model performance.Ensure adherence to Basel regulations and IRB capital modelling requirements.

RequirementsBachelor's or Master's degree in Statistics, Mathematics, Economics, Finance, Engineering, or a related quantitative discipline.5+ years of hands-on experience in Credit Risk Model Development.Strong experience in IRB Model Development for Wholesale/LDP credit portfolios.Expertise in PD, LGD, and EAD model development.Strong programming skills in Python, R, SQL, and preferably SAS.Strong understanding of Basel regulations and the IRB regulatory framework.Experience in statistical modelling, data preprocessing, and machine learning techniques.Excellent analytical, problem-solving, communication, and stakeholder management skills.

What is in it for youOpportunity to work on large-scale credit risk modelling and regulatory capital initiatives.Exposure to advanced statistical modelling, machine learning, and Basel regulatory frameworks.High-impact role with strong learning and career progression opportunities.Collaborative and performance-driven work environment.

Crescendo Global does not discriminate based on race, religion, colour, origin, gender, sexual orientation, age, marital status, veteran status, or disability status. .