Job Description
Quantitative Modeler – Unsecured/Secured Products
Description:
• This position within Personal Banking and Wealth Management will develop CCAR/CECL/Climate risk models for secured and unsecured portfolios (e.g., credit cards, installment loans, mortgage etc.)
• The responsibility includes but not limited to the following activities:
• Obtain and conduct QA/QC on all data required for CCAR/CECL/Climate risk model development
• Develop segment and/or account level CCAR/CECL/Climate risk stress loss models
• Perform all required tests (e.g. sensitivity and back-testing)
• Validate/recalibrate all models annually to incorporate latest data. Redevelop as needed
• Deliver comprehensive model documentation
• Work closely with cross functional teams, including country/region’s business stakeholders, model validation and governance teams, and model implementation team
Description:
• This position within Personal Banking and Wealth Management will develop CCAR/CECL/Climate risk models for secured and unsecured portfolios (e.g., credit cards, installment loans, mortgage etc.)
• The responsibility includes but not limited to the following activities:
• Obtain and conduct QA/QC on all data required for CCAR/CECL/Climate risk model development
• Develop segment and/or account level CCAR/CECL/Climate risk stress loss models
• Perform all required tests (e.g. sensitivity and back-testing)
• Validate/recalibrate all models annually to incorporate latest data. Redevelop as needed
• Deliver comprehensive model documentation
• Work closely with cross functional teams, including country/region’s business stakeholders, model validation and governance teams, and model implementation team
💡 Quick Summary
Seeking a career-building opportunity? The C+|Unsecured|Regulatory|Model|Development position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
