SVP, Director – WHOLESALE Credit Risk Rating Process Review & Approval – Basel, PD/LGD/ EAD, Scorecards – Top-Tier Bank
JOB DESCRIPTION
We are working with a top-tier bank’s wholesale credit risk team, and we are looking for a quantitative risk analyst to join the group! This team covers the bank’s entire wholesale portfolio, thus you will have the opportunity to work on a global coverage. In reviewing the proposed rating processes, you will speak with managers from business units in EMEA, APAC, and LATAM. The team is a core group in the functionality of the risk ratings process implementation as well as the validation of wholesale scoring models.
Location: New York, USA
Responsibilities:
- Reviewing, analyzing, and approving proposed risk rating processes
- Checking the consistency of internal policies and ratings definitions and investigating how to maintain or enhance compliance for proposed processes
- Performing validation on wholesale scorecards
- Keeping abreast with research, white papers, publications, etc in order to ensure best practices that comply with regulatory measures
- Concisely summarizing approvals in formal memos and documents
- Collaborating with other projects for neighboring business units, including debt rating models, PD/ LGD/ EAD, and Basel 2 issues
- Interacting with senior risk manager across regional and industry sectors
Requirements:
- Strong academic background with an MBA/ MS/ PhD (economics, mathematics, statistics, econometrics, computer science, etc)
- Minimum 8 years industry experience in WHOLESALE credit risk modeling or management
- Highly preferred to have wholesale PD/LGD/EAD risk modeling experience
- Strong quantitative statistical skills (SAS programming a must)
- Excellent communication skills (written verbal)
- CFA designation preferred
- Fluency in foreign languages preferred
In Return:
· A huge opportunity to attain progression within a leading risk management team
· Very analytical and quantitative exposure
· Career advancement and competitive compensation structure
Key words: risk rating processes, approval, credit risk, wholesale credit, corporate credit, commercial credit, quantitative risk, risk models, model development, modeling, Basel, RWA, risk weighted assets, PD, probability of default, LGD, loss given default, EAD, exposure at default, commercial portoflios, wholesale portfolios, corporate portfolios, statistical modeling, SAS, New York
This is an immediate hire, interviews are to begin soon and early application is advised. GQR also welcomes tentative enquiries from suitably qualified individuals.
Confidentiality and utmost discretion is 100% assured.
Search Consultant: Kasey Churchill
APPLY | risk.americas@gqrgm.com
VISIT US | www.g-q-r.com/vacancies
While a resume is preferable we also welcome tentative enquiries from well-qualified persons. To speak with an agent please contact one of our regional offices using the contact details listed below. Utmost confidentiality and discretion is assured.
LOS ANGELES | 1.310.807.5030
10877 Wilshire Boulevard, Los Angeles, CA 90024 | Office Hours: 6.00-21.00 PDT
NEW YORK | 1.212.763.8333
1325 Sixth Avenue, New York, NY 10173 | Office Hours: 9.00-21.00 EDT
LONDON | 0203.141.8000
Westminster Tower, London, SE1 7SP | Office Hours: 8.00-20.00 GMT
HONG KONG | 852.3678.6738
2 Exchange Square, 8 Connaught Place, Central | Office Hours: 9.00-21.00 HKT
VISIT US | www.g-q-r.com | www.g-t-r.com | www.gqrgm.com
GQR Global Markets
We are committed to protecting and respecting your privacy. Information on our privacy policy, together with our terms of business are available at www.gqrgm.com.
For the latest vacancies, please join our group on Linkedin: http://www.linkedin.com/groups?gid=1615777trk=myg_ugrp_ovr
Leave a Reply
You must be logged in to post a comment.