Financial Services Risk Management

Job Description:

Please find the details below

Position : Assistant Manager- Financial services Risk Management
Location : Bangalore/ Hyderabad/ Chennai/ Kolkata/ Mumbai
Experience requirement : 5+
Joining Date : Immediate to 30 days

Job Description

Key Requirements

Developing the existing Risk Appetite framework.
Developing Risk Appetite Statement (RAS) approved by the Board of Directors in line with the strategy.
Developing Tolerance Limits for the key risks.
Developing a plan for maintaining and reviewing the Risk Appetite Framework and the Tolerance Limits.
Developing credit rating policies (including aspects of governance, development, utilization, validation, risks).
Lead development of credit rating models for retail or corporate or SME or project finance portfolios
Lead review, validation and enhancement of credit rating models for project finance portfolio
Developing a risk-based pricing framework to include the following:
Methodology for calculating Risk-Adjusted Return on Capital (RAROC) against the Economic Capital (EC).
Methodology for risk-adjusted performance assessment of business, areas and product types based on the developed credit ratings.
Implementation of IFRS 9 standards across Banks
Recommend and implement a methodology for Stage wise allocation of assets
Update the current PD models and compute PD estimates as per IFRS 9 guidelines
Develop LGD estimation technique and arrive at LGD estimates
Develop EAD estimation techniques and arrive at EAD estimates
Development and update of Policies and Procedures for Implementation of IFRS – 9
Reporting for the aforementioned models. Design reports templates
Developing / reviewing and enhancing stress testing models and approaches
Review and develop working and monitoring mechanisms for credit Portfolio in order to include the following general objectives:
Deep understanding and exposure to Credit risk management in Corporate/Wholesale portfolios
Setting the methodology/approach and standardizing risk measures and models.
Carrying out portfolio stress tests.
Undertake review of the credit portfolios of the Corporate Banking Group and/or SME Banking in order to monitor portfolio credit quality, identify portfolio trends with recommended actions for improvement in portfolio quality.