Advanced Data Analytics - Regulatory Model Developer

Job Description

Job Title: Regulatory Model DeveloperLocation: Bangalore/KolkataExperience: 7 yearsAbout UsCapco, a Wipro company, is a global technology and management consulting firm. Awarded with Consultancy of the Year in the British Bank Award and ranked Top 100 Best Companies for Women in India 2022 by Avtar & Seramount. With our presence across 32 cities globally, we support 100 clients across banking, financial, and energy sectors. We are recognized for our deep transformation execution and delivery.WHY JOIN CAPCOYou will work on engaging projects with the largest international and local banks, insurance companies, payment service providers, and other key players in the industry. The projects that will transform the financial services industry.MAKE AN IMPACTInnovative thinking, delivery excellence, and thought leadership to help our clients transform their business. Together with our clients and industry partners, we deliver disruptive work that is changing energy and financial services.#BEYOURSELFATWORKCapco has a tolerant, open culture that values diversity, inclusivity, and creativity.CAREER ADVANCEMENTWith no forced hierarchy at Capco, everyone has the opportunity to grow as we grow, taking their career into their own hands.DIVERSITY & INCLUSIONWe believe that diversity of people and perspective gives us a competitive advantage.Job Title: Regulatory Model DeveloperLocation: Bangalore/KolkataExperience: 7 yearsKey Skills: Analytics, Regulatory Modelling, Python, RDomain: BFSI Retail Credit Risk AnalyticsRoll Description:We are looking for an experienced Regulatory Model Developer with a strong background in Wealth Private Banking Risk Analytics. The candidate will play a crucial role in developing and monitoring regulatory models, ensuring compliance with global regulatory standards, and supporting the banks risk management strategies. The ideal candidate should have robust Python proficiency, a deep understanding of regulatory guidelines, and significant experience in Credit Risk Analytics.Key Responsibilities:

1. Regulatory Model Development:
   • Develop and monitor regulatory models in line with Basel III requirements and other regulatory standards, using Python.
   • Ensure all models are compliant with guidelines set by global regulatory bodies such as the PRA, HKMA, and others.
   • Maintain and enhance existing models to adhere to updated regulatory standards, including Basel 3.1, CCAR, IFRS9, and SS 1/23.
2. Compliance and Regulatory Expertise:
   • Leverage expertise in regulatory guidelines from PRA, HKMA, and other governing bodies to ensure models meet compliance standards.
   • Stay updated on emerging regulations and assess their impact on existing models and risk strategies.
   • Collaborate with risk management and compliance teams to align model development with regulatory requirements.
3. Credit Risk Analytics:
   • Apply extensive experience (7 years) in Credit Risk Analytics for retail or commercial banking to develop robust models.
   • Utilize statistical techniques and data analysis to enhance the predictive accuracy and stability of credit risk models.
   • Provide insights and recommendations to senior management based on model outputs.
4. Collaboration and Communication:
   • Work closely with stakeholders, including risk, finance, and regulatory teams, to ensure a comprehensive approach to model development and monitoring.
   • Communicate complex regulatory modeling concepts and results effectively to both technical and non-technical audiences.
5. Technical Proficiency:
   • Demonstrate strong proficiency in Python for model development and regulatory monitoring.
   • Utilize knowledge of GCP (Google Cloud Platform) for data storage, model development, and deployment as needed.
   • Leverage experience in SAS or other statistical software as an added advantage.

Required Qualifications:

• Proven experience (7 years) in Credit Risk Analytics within a Retail or Commercial Bank.
• Strong proficiency in Python for regulatory model development and monitoring.
• Deep understanding of regulatory guidelines and standards, including Basel 3.1, CCAR, IFRS9, SS 1/23, and others.
• Knowledge of GCP (Google Cloud Platform) is a plus.
• Experience with SAS or other statistical tools is an added advantage.
• Excellent analytical, problem-solving, and communication skills.

WHY JOIN CAPCOYou will work on engaging projects with some of the largest banks in the world, on projects that will transform the financial services industry.We Offer:

• A work culture focused on innovation and creating lasting value for our clients and employees.
• Ongoing learning opportunities to help you acquire new skills or deepen existing expertise.
• A flat, non-hierarchical structure that will enable you to work with senior partners and directly with clients.
• A diverse, inclusive, meritocratic culture.

#LI-Hybrid#LI-RA1Locations: India - Bengaluru

Keyskills :
regulatory modelling credit risk analytics python programming compliance expertise data analysis insurance financial services banking private banking retail credit wealth risk management commercial banking basel iii ccar