Credit Risk Modeling - Financial Services/Banking - 2 to 8 years - Mumbai

Location: Mumbai
Discipline: Banking & Finance, Financial Modelling
Job type: Permanent
Contact name: Aayushi Grover

Contact email:
Job ref: 40140
Published: 5 months ago

Hiring for a professional with 2+ years of experience in financial and credit risk modeling exposure. An incumbent coming with a statistical background and excellent modeling skills along with high knowledge of the credit risk domain. You will be a part of a larger rating quality team.


Location - Mumbai 


Your future employer - India's leading research, analytics and credit rating firm


Roles & Responsibilities-


  • Support in planning and driving the quality agenda in ratings

  • Large data analytics using statistical and advanced Excel tools.

  • Prepare various reports, including default and transition rates using data analytics, statistics for various regulatory disclosures

  • Prepare/update model validation reports as and when required.

  • Initiate post-event reviews of credits that have witnessed sharp rating actions and present findings to an internal committee

  • Identify issues/areas in analytics or process in credit opinions that can be avoided or improved periodically and enable its implementation 

  • Interact and co-ordinate with various teams (including IT) on specific projects or deliverables periodically   

  • Independently work and deliver ad hoc project tasks as and when required




  • Excellent advanced Excel (including macros), statistical, and data analytics skills.  The ability to work with open-source language such as R-code would be an added advantage

  • Ability to work with large sets of data and spot trends

  • Excellent modeling and analytical mindset

  • Strong understanding of financial concepts and business analysis

  • Strong understanding of Indian corporate/ BFSI sectors and the general economic & business environment

  • BTech/Engineering graduate/Diploma in Statistics

  • MBA(Finance)/CA/CFA equivalent with 3-8 years of experience

  • Work experience in credit risk, and risk management will be an advantage


Reach us- 

If this role excites you, please send your resume to 


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