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Title
Text copied to clipboard!Credit Risk Modeller
Description
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We are looking for a highly skilled and experienced Credit Risk Modeller to join our dynamic team. The ideal candidate will have a strong background in finance, statistics, and data analysis, with a proven track record of developing and implementing credit risk models. You will be responsible for assessing the creditworthiness of potential borrowers, analyzing financial data, and creating models that predict the likelihood of default. Your work will play a crucial role in helping our organization manage risk and make informed lending decisions. You will collaborate closely with other departments, including underwriting, finance, and compliance, to ensure that our credit risk models are accurate, reliable, and compliant with regulatory requirements. The successful candidate will have excellent analytical skills, attention to detail, and the ability to communicate complex information clearly and effectively. If you are passionate about finance and risk management and have the skills and experience we are looking for, we would love to hear from you.
Responsibilities
Text copied to clipboard!- Develop and implement credit risk models.
- Analyze financial data to assess creditworthiness.
- Create models to predict the likelihood of default.
- Collaborate with underwriting, finance, and compliance teams.
- Ensure models are accurate and reliable.
- Maintain compliance with regulatory requirements.
- Monitor and update models as needed.
- Prepare reports and presentations for senior management.
- Conduct stress testing and scenario analysis.
- Provide insights and recommendations based on model outputs.
- Stay up-to-date with industry trends and best practices.
- Participate in risk management meetings and discussions.
- Assist in the development of risk management policies and procedures.
- Train and mentor junior team members.
- Support the implementation of new risk management tools and technologies.
Requirements
Text copied to clipboard!- Bachelor's degree in finance, statistics, mathematics, or a related field.
- Master's degree or professional certification (e.g., CFA, FRM) preferred.
- 5+ years of experience in credit risk modelling.
- Strong analytical and quantitative skills.
- Proficiency in statistical software (e.g., SAS, R, Python).
- Experience with data analysis and financial modeling.
- Knowledge of regulatory requirements (e.g., Basel III, IFRS 9).
- Excellent communication and presentation skills.
- Attention to detail and accuracy.
- Ability to work independently and as part of a team.
- Strong problem-solving skills.
- Experience with stress testing and scenario analysis.
- Familiarity with risk management tools and technologies.
- Ability to manage multiple projects and deadlines.
- Strong organizational and time management skills.
Potential interview questions
Text copied to clipboard!- Can you describe your experience with credit risk modelling?
- What statistical software are you proficient in?
- How do you ensure the accuracy and reliability of your models?
- Can you provide an example of a complex financial model you developed?
- How do you stay up-to-date with industry trends and regulatory requirements?
- Describe a time when you had to collaborate with other departments on a project.
- How do you handle tight deadlines and multiple projects?
- What is your approach to stress testing and scenario analysis?
- Can you explain a time when your model provided significant insights for decision-making?
- How do you communicate complex information to non-technical stakeholders?
