Manager Credit

Indore - India

Monthly Salary: Not Disclosed

Posted on: 9 days ago

Vacancies: 1 Vacancy

Job Summary

Job Purpose	Risk Management is core to Bajaj Finance. Most of the decisions in Risk Management are data driven and analytical. Statistical models are required to look at multi-variate dimensions from a risk perspective including calculating the expected credit loss scenario analysis forecasting Stress Testing etc. Statistical models are built and scorecards are prepared which assesses parameters like PD (probability of default) EAD and LGD which are critical from a regulatory perspective and forms important aspect of regulatory reporting role gives an opportunity of going beyond the above and gives deeper insights on the Regulatory norms on Credit Risk. The role allows candidate work on areas such as Stress Testing Expected Credit Loss Macro Economic stress Macro stress models/forecasting Anchor:Work Hard - Consistently puts in effort. plans and tracks daily progress to achieve targetsExecute with Rigor - Takes responsibility for meeting targets with focus and effortOwn It - Maintains honesty and fairness in all interactions in line with organizations policiesAct with Integrity
Duties and Responsibilities	Build Stress Testing Framework and execute the sameDevelop validate and execute Stress Testing Tools and Stress Testing EngineBuild monitor validate and track PD LGD EAD models for Stress Testing as per RBI guidelines Provide analytical solutions through statistical modeling credit policy and strategy reporting and data analysis for the BFL businessesSupport any adhoc deep dive data analysis on portfolio metrices Support in Data analysis and liaising with IT Credit and BIU teams to ensure all policies processes data flow are working efficiently and all required changes are build and implemented suitably
Required Qualifications and Experience	QualificationsB-Tech/MBA Finance / Postgraduate with 1-3 years in quantitative subjects (Statistics/Data Science)Work Experience1-3 years relevant analytical experience in Model development ML modelling Forecasting Segmentation and Coding languages: SAS SQL R statistical techniques: Regression Logistic regression Clustering Dimensionality reduction techniques Hypothesis in handling huge data base and the ability to do root cause contributor with the capability to deliver projects within timelineEffective verbal and written communication skills

Required Experience:

Manager

Job PurposeRisk Management is core to Bajaj Finance. Most of the decisions in Risk Management are data driven and analytical. Statistical models are required to look at multi-variate dimensions from a risk perspective including calculating the expected credit loss scenario analysis forecasting Stres...

Job Purpose	Risk Management is core to Bajaj Finance. Most of the decisions in Risk Management are data driven and analytical. Statistical models are required to look at multi-variate dimensions from a risk perspective including calculating the expected credit loss scenario analysis forecasting Stress Testing etc. Statistical models are built and scorecards are prepared which assesses parameters like PD (probability of default) EAD and LGD which are critical from a regulatory perspective and forms important aspect of regulatory reporting role gives an opportunity of going beyond the above and gives deeper insights on the Regulatory norms on Credit Risk. The role allows candidate work on areas such as Stress Testing Expected Credit Loss Macro Economic stress Macro stress models/forecasting Anchor:Work Hard - Consistently puts in effort. plans and tracks daily progress to achieve targetsExecute with Rigor - Takes responsibility for meeting targets with focus and effortOwn It - Maintains honesty and fairness in all interactions in line with organizations policiesAct with Integrity
Duties and Responsibilities	Build Stress Testing Framework and execute the sameDevelop validate and execute Stress Testing Tools and Stress Testing EngineBuild monitor validate and track PD LGD EAD models for Stress Testing as per RBI guidelines Provide analytical solutions through statistical modeling credit policy and strategy reporting and data analysis for the BFL businessesSupport any adhoc deep dive data analysis on portfolio metrices Support in Data analysis and liaising with IT Credit and BIU teams to ensure all policies processes data flow are working efficiently and all required changes are build and implemented suitably
Required Qualifications and Experience	QualificationsB-Tech/MBA Finance / Postgraduate with 1-3 years in quantitative subjects (Statistics/Data Science)Work Experience1-3 years relevant analytical experience in Model development ML modelling Forecasting Segmentation and Coding languages: SAS SQL R statistical techniques: Regression Logistic regression Clustering Dimensionality reduction techniques Hypothesis in handling huge data base and the ability to do root cause contributor with the capability to deliver projects within timelineEffective verbal and written communication skills

Required Experience:

Manager

Key Skills

EAM
Food Technology
AC Maintenance
Corrosion
Arabic Cuisine

Apply Now

About Company

Bajaj Finance Limited

Bajaj Finserv is India’s most diversified non-banking finance company. Visit the website to learn about our products. Get instant approval on loans, shop on EMIs, make an investment, get insurance and pay your bills.

View Profile View Profile

AI AutoApply

Apply to 100+ jobs with one click