Job Details

 

Finance Modeling

  • 5 - 9 years
  • Bengaluru/Bangalore
Industry :
Banking / Financial Services / Broking
Functional Area :
Financial Services, Banking, Investment, Insurance
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Quote job ref: 210810

Job Description

This position will build models to answer questions and create forecasts for groups across Finance. Key responsibilities of the position will include:

  • Building statistical or econometric models for budgeting, financial analysis, or to satisfy regulatory requirements (CCAR/DFAST)
  • Identifying data anomalies and other cases when more investigation is required as part of the model-building process
  • Communicating results across a wide variety of audiences, including Finance partners, modeling teams in Risk, and Model Governance
  • Performing ad hoc statistical analysis to answer immediate business questions
  • Ability to help mentor other modelers to build models, communicate results, and perform other statistical analysis

Sample projects include:

  • Budget and regulatory (CCAR) models for deposit growth, fee revenue, or other business drivers
  • Components of PPNR models for deposit & & wealth management portfolio
  • Forecasting the performance of branches or bankers, in order to optimize the branch network and staffing
  • Creating price elasticity models to optimize deposit and loan pricing

In addition to fulfilling the skills and qualifications required for this role, the ideal candidate should possess the following personality traits:

  • Integrity
  • Accountability
  • Collaborative
  • Respect
  • Community Awareness

Qualifications/ Technical skills

  • As technical background, you should have a MSc/PhD in a quantitative field of study, such as statistics, economics or econometrics, with a sound foundation in one or more of the following analytical disciplines:
  • Linear and non-linear statistical modeling
  • Time series and forecasting
  • Panel (longitudinal) data analysis
  • Bayesian methods
  • Non-parametric methods
  • Machine Learning Techniques – Good to have but not mandatory
  • 7+ years of exceptional hands-on knowledge of model development knowledge
  • Strong Python programming skills and R programming would be an added advantage
  • Banking & Financial Services background or experience preferred.

 

Key Skills
CCAR Model
Basel
IFRS Model
Education
  • Any Graduate
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