Associate Director, WRB Model Development

This position is for an Associate Director (WRB) with experience in areas of A-IRB (PD, LGD, EAD) models, credit risk scorecards and credit risk strategy (cut-off analysis, line assignment et. al) for retail banking / small business lending businesses. The individual will drive delivery (2-3 engagements at any given time) of A-IRB model, credit risk scorecards and associated credit risk strategies (as well as other risk analytics) for all Retail and SME portfolios. The individual is expected to be hands-on at all times.

Responsibilities include understanding Group requirements and working with the team in developing statistically derived predictive models, performing decision tree-based customer segmentation and profiling analyses, assisting business implementation of sophisticated risk models and providing analytic support to businesses across the globe. The individual is expected to drive timely delivery with assigned resources on an engagement, while ensuring compliance to prevailing / applicable standards / legislation / policies.

Key Responsibilities:

• Lead through example. Set clear expectations from the teams and work in collaboration with all relevant partners.
• Set and monitor objectives for team members and provide feedback.
• Strategic mindset.
• Retail business understanding.
• Process improvement.
• People manager.
• Manages risk.
• Adhere to governance.

Regulatory & Business Conduct:

• Display exemplary conduct and live by the Group's Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders:

• Unsecured and Secured Risk and Business Heads of Countries
• Head of Scorecards
• Group Model Validation
• Model Risk Policy and Governance
• Model Delivery Management

Qualifications:

• Bachelors / Advanced (Masters or higher) degree in Statistics, Applied Mathematics, Operations Research, Economics, Engineering, MBA or other quantitative discipline
• Hands-on experience of 4-6 years, in the past in statistical modeling, mining data and understanding data patterns is an absolute necessity to lead engagements.
• A solid background in coding with Python (preferred), SAS, or comparable tools is a fundamental requirement.
• Understanding of regulations for A-IRB will be considered a plus.
• Experience in directly interacting with business and exposure to international markets will be a plus.

Competencies:

• Leading and owning 1-2 engagements at any given time
• Ability to explain modelling outputs and inferences to senior stakeholders in a non-technical manner
• Need to get involved in on-the-ground and data activities
• Analytical / Strategic / Conceptual thinking
• Attention to detail
• Problem solving
• Highly motivated, organized and methodical