Vp/Avp/Manager/Officer Ccar Modeling

Vp/Avp/Manager/Officer Ccar Modeling
Company:

Abc Consultants Pvt Ltd


Vp/Avp/Manager/Officer Ccar Modeling

Details of the offer

The detailed responsibilities includes:

Development of econometric forecasting models for key Balance sheet and income statement line items for capital and business planning purposes. This includes the calculation of Net Interest Income (NII), Non Interest Revenue (Non-NIR), Interest Rate Exposure (IRE), Economic Value Sensitivity (EVS), and other associated interest rate risk metrics
Deep understanding of statistical techniques such as Panel Regression, Error Correction Models, Seemingly Unrelated regression and Cointegration
Steering stakeholder conversations with Businesses, Finance, Treasury and Risk to seek their sign-offs on Champion models
Manage the Segmentation, Risk Identification, overlay discussions with Businesses and Finance teams
Responsible for reviewing and timely submission of Model development documentation (MDDTs) for entire PPNR modeling landscape to Model Risk Management.
Align with Model Risk Management on modeling and validation practices and have periodic check-ins with them
Manage FRY14 Regulatory reporting / Recovery & Resolution planning and present the findings to senior Finance leadership before submission to Regulators
Create a culture of accountability and strict quality control of the data integrity and modeling process
Develop and maintain a comprehensive modeling system that maintains consistent approach to data quality and modeling methods, audit, back test, tracking, annual validation. This is critical in reducing the model operating risk
Ability to build key relationships with finance and business teams
Must be able to present technical matters in a way that is meaningful to the audience
Ability to influence people and empower team members to be proactive and focused on partnerships and results
Have managed a large team of minimum 15-20 statisticians / econometricians in previous role

Other requirements:

12-15 years of relevant finance/business/accounting/statistical experience in financial services
Masters / PhD in quantitative discipline such as Statistics, Economics, Finance or related discipline
Experience in CCAR Modeling / Reporting to OCC, FRB and FDIC.
Experience in developing econometric and Panel regression models.
Extensive hands-on experience in programming and modeling using SAS.
Excellent presentation skills; the ability to translate complex financial schedules into meaningful presentations is critical; demonstrated analytical skills including the ability to synthesize quantitative and qualitative data to draw conclusions and assist on decision making
Ability to build key cross functional and cross business relationships
Broad and deep understanding of accounting principles, investment, accrual products and corporate finance concepts
Demonstrated leadership and team management skills and ability to managing multiple projects and deadlines

Key Skills

"CCAR"

"Model Validation"

"Model Development"

"Modeling"

"PPNR"

"Time Series"

Education
B.Tech/B.E.

Requirements

Functional tester

r:LUX021306)About BNP Paribas Group: BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,00...


From Bnp Paribas - Tamil Nadu

Published 22 days ago

D365 f&o / ax– finance consultant

Candidate Must Have: Candidate with at least 3, end to end project implementations experience for Finance domain. Over 3 – 6 years of relevant Dynamics AX / D...


From Axsource - Karnataka

Published 22 days ago

Sap business intelligence analyst

Job Description: JOB DESCRIPTION Job Title: SAP Bus. Intelligence Analyst Epiq Company/Division: Epiq Systems, Inc. Department: Finance Location: TBD...


From Epiq Systems, Inc. - Telangana

Published 22 days ago

Payroll specialist i

Innovate to solve the world's most important challenges Provide payroll support to ensure employees get paid on time, every time by verifying data accuracy and...


From Honeywell Intelligrated - Karnataka

Published 22 days ago