Credit Risk Mathematician Senior

Introduction
A career in IBM Consulting embraces long-term relationships and close collaboration with clients across the globe. In this role, you will work for IBM BPO, part of Consulting that, accelerates digital transformation using agile methodologies, process mining, and AI-powered workflows.

You’ll work with visionaries across multiple industries to improve the hybrid cloud and AI journey for the most innovative and valuable companies in the world. Your ability to accelerate impact and make meaningful change for your clients is enabled by our strategic partner ecosystem and our robust technology platforms across the IBM portfolio, including IBM Software and Red Hat.

Curiosity and a constant quest for knowledge serve as the foundation to success in IBM Consulting. In your role, you’ll be supported by mentors and coaches who will encourage you to challenge the norm, investigate ideas outside of your role, and come up with creative solutions resulting in groundbreaking impact for a wide network of clients. Our culture of evolution and empathy centers on long-term career growth and learning opportunities in an environment that embraces your unique skills and experience.

Your Role and Responsibilities

• Demonstrate quantitative skills and well versed with data wrangling methods.
• Develop, Review, Validation of Basel/Capital model on risk factors PD, LGD, Credit Portfolio) for retail and wholesale portfolios.
• Documentation aspect of model development is key as are the skills to present this information to peer review and independent review of model governance committees.
• Manage Basel Modelling, PD, LGD Model Development
• Develop / validate risk measurement models for credit risk management, incl. models for credit rating and scorecards.
• Collate, test and check independently sourced economics data (forecast and stress) and assess its robustness and fitness for purpose of model development.
• Demonstrate Credit Risk Model Development.
• Ensure adequate documentation and analysis in place for model review committee which involves peer review and independent review committees
• Prepare effective material for dissemination to key business stakeholders at all levels of seniority and obtain approval by the clients
• Support ad-hoc requests in support of the business as necessary
• Ensure timelines around project deliverable are met and all the stake holders are informed about the status of the projects
• Drive standardization of analysis and processes to gain efficiency
• If you thrive in a dynamic, collaborative workplace, IBM provides an environment where you will be challenged and inspired every single day. And if you relish the freedom to bring creative, thoughtful solutions to the table, there’s no limit to what you can accomplish here.

Required Technical and Professional Expertise

• Graduate or postgraduate with a minimum of 6+ years of experience in the Finance domain
• Proven Mathematician/Statistician or quantitative background with knowledge of economic and econometric models (at least master’s degree).
• Working knowledge SAS / Python and R.
• Exposure to Basel Modelling, PD, LGD Model Development and Validation, economic capital modelling, from any Competitor or bank / with Risk Management experience in the wholesale and retail area.
• Proven communication skills with technical (the team) and non-technical (senior entity management around the globe) counterparts.
• Proficient in high customer orientation and conflict management
• Working knowledge of credit risk or Basel/capital model development
• Ability to convert business needs into modelling needs
• In-depth experience on modelling tools and techniques and aware of recent advancements in the field.
• Proven ability to produce clear summaries and reports from complex factual information, including both written documentation and graphical material.
• Demonstratable knowledge in organizational, analytical, problem-solving and project management skills
• Someone who possesses the following at a minimum: strong communication skills both written and verbal, ability to multi-task, Client facing skills, strong organization skills, attention to detail, Good presentation skills & procurement background.

Preferred Technical and Professional Expertise

• Ambitious individual who can work under their own direction towards agreed targets/goals
• Good time management and ability to work under tight deadlines
• Proven interpersonal skills while contributing to team effort by accomplishing related results as needed
• Maintain technical knowledge by attending educational workshops, reviewing publications