Senior Associate - Credit Risk

BDO India Share Show more options Senior Associate - Credit Risk  Mumbai, Maharashtra, India · Reposted 2 weeks ago · Over 100 applicants Promoted by hirer · No response insights available yet On-site Full-time Easy Apply Save Save Senior Associate - Credit Risk  at BDO India Your profile matches some required qualifications Show match details BETA Is this information helpful? Get personalized tips to stand out to hirers Find jobs where you’re a top applicant and tailor your resume with the help of AI. Reactivate Premium: 50% Off People you can reach out to JPMorganChase logo Company alumni from JPMorganChase and others in your network Show all Meet the hiring team Bhakti Sonawala 3rd Passionate about People & Culture | HR at BDO India | MS in Org Leadership from Northeastern University Job poster Message About the job Senior Associate - Credit RiskLocation: Mumbai (Lower Parel) About Company:BDO is a global network of professional services firms with a presence in over 166 countries, revenue of over USD 14 billion, and experience of over 60 years. Its a leading service provider for the mid-markets with client service at its heart.BDO India Services Private Limited (or BDO India) is the India member firm of BDO International. BDO India offers strategic, operational, accounting and tax, and regulatory advisory & assistance for both domestic and international organizations across a range of industries. BDO India is led by more than 300+ Partners & Directors with a team of over 10,000 professionals operating across 14 cities and 20 offices. We expect to grow sizably in the coming 3-5 years, adding various dimensions to our business and multiplying and increasing the current team size multi-fold. Role Summary:Join our growing Risk Advisory team to lead high-impact Credit Risk Modelling, IFRS 9, and ECL engagements for leading banks, NBFCs, insurance companies, and corporates. This role offers the opportunity to drive complex risk transformation projects, mentor high-performing teams, and work closely with senior stakeholders to deliver data-driven, business-focused solutions. Role:Independently lead and manage consulting engagements with leading banks, financial institutions, NBFCs, insurance companies and corporates covering areas such as ICAAP reviews, IFRS 9 model development, ECL computation, enhancing the approach to ECL and provisions along with other credit risk areasDemonstrate knowledge to banking, NBFC, corporate and insurance companies on various loan product and their characteristics including wholesale loans, auto loans, personal loans, mortgage finance, education loans, etc.Demonstrate knowledge of concepts related to default and recovery rate modelling including roll rate analysis, periodic default rates, statistical methods including regression models, Markov chains, etc.Lead and drive day-to-day execution of client projects.Lead hiring and mentoring initiatives to expand and upskill execution and delivery team for engagementsDesign and monitor detailed project plans for assigned engagementsDirectly report and provide detailed updates to business unit leader for all assigned engagements on an on-going basis Requirements:Advanced Degree: Masters/PhD in Finance, Economics, Statistics, Data Science, or similar.Certifications: FRM, CFA, PRM, or equivalent.Credit Risk Modelling: Experience with PD, LGD, EAD, IFRS 9, ECL, and stress testing.Model Development/Validation: End-to-end experience with model development/validation lifecycle.Technical Skills: Proficiency in SQL, SAS, Python, R.Data Management: Experience handling large datasets for modelling.Consulting/Project Management: Stakeholder and team management.Communication Skills: Strong report writing and presentation skills.Leadership: Ability to lead teams, provide technical guidance, and mentor.Candidate with a right mindset to grow with the firm. We need candidates who can align themselves with the growth trajectory of the firm.Ability of multi-task, challenge the status-quo, quick learners