Join our Regulatory & Financial Risk team as a Deputy Manager specializing in Credit Risk. This role offers a challenging opportunity to develop and validate sophisticated risk measurement models, build robust compliance frameworks for global regulations, and contribute to strategic capital management within a leading financial institution.

We are seeking individuals with a strong analytical mindset and a keen eye for detail to drive innovation and ensure best practices in risk management. The position is based in Chennai, with the team located in Bengaluru.

Key responsibilities include developing and validating risk measurement models for credit, market, and liquidity risk. You will be instrumental in building frameworks to ensure regulatory compliance, implementing critical regulatory change programs, and designing effective capital management strategies and tools.

Specific tasks involve developing credit rating/scoring methodologies, Basel IRB models (PD, LGD, EAD), stress testing/CCAR models, and IFRS9/USGAAP impairment models. Your role will demand an effective challenge and independent risk oversight mindset, coupled with a high degree of attention to detail and documentation discipline.

The ideal candidate will possess 4 to 6 years of experience in modelling or validation of Wholesale IRB capital models, IFRS9, or Climate Risk Modelling within large banking organizations. A Master’s degree or higher in Quantitative Finance, Statistics, Mathematics, Engineering, or a related field is desired.

Essential skills include stakeholder influencing and relationship management, along with the ability to manage multiple validations under tight timelines. An effective challenge and independent risk oversight mindset are crucial for success in this role.