Job Description

As a global leader in assurance, tax, transaction, and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities, and creative freedom. At EY, we don\'t just focus on who you are now, but who you can become. We believe that it\'s your career and \'It\'s yours to build\' which means potential here is limitless and we\'ll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

The opportunity:

CCAR Model Development/Validation - Business Consulting Risk - FSRM - Bangalore (Open for Delhi NCR, Mumbai, Kolkata, Pune, Chennai)

Our FSRM team is a fast-moving, high-growth area with huge potential. It offers variety, challenge, responsibility, and the opportunity to realize your leadership potential.

Our Financial Services Risk Management (FSRM) practice focuses on risk management, regulatory, quantitative, and technology backgrounds. The breadth of experiences of FSRM professionals enables the practice to coordinate the delivery of a broad array of risk management services to capital market participants throughout the world in a well-integrated manner.

We are looking for candidates who will be performing duties in the quant space including but not limited to CCAR model development and implementation, validation and monitoring, etc.

Your key responsibilities :

• Prior experience in developing/validating the quantitative and expert judgement PPNR models for CCAR
• Development of econometric forecasting models for key balance sheet and income statement line items for capital and business planning purposes. For example- Net Interest Income (NII), Non-Interest Revenue (Non-NIR), etc.
• Experience in design of Statistical models using regression (linear/logistic/panel), optimization, time series, survival modelling techniques
• Strong understanding of different model methodologies/ algorithms and diagnostic tools for testing model robustness, sensitivity, and stability
• Proficient with data and quantitative analysis to support modelling decisions
• Understanding of US banking regulations on Capital, Provisioning - Basel, CCAR, CECL preferred
• Ability to convey information clearly, accurately, and succinctly (both written and verbally)
• Work closely with cross-functional teams, including business stakeholders, model validation and governance teams, and model implementation teams.
• Should have strong consulting mindset to engage with Global senior stakeholders
• Ability to draft high-impact presentations and documentation

To qualify for the role, you must have:

• 3 to 8 years of relevant work experience
• Master\'s in Economics/ Statistics or MBA in Quantitative finance or PG with FRM/CQF/CFA charter
• Programming skills like Python/R/ SAS are must have

Skills and attributes:

In addition to technical competence, what will set you up for success at EY is your ability to:

• Strong analytical, problem solving and critical thinking skills
• Willingness to learn and continuously expand technical and business skills
• Strong communication, presentation and writing skills in Knowledge of additional languages will be considered an asset
• Excellent interpersonal skills and ability to work effectively within a team.
• Project management skills
• Willingness and ability to travel and work abroad for international projects

What we look for:

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful and able to sustain positive energy, while being adaptable and creative in their approach.

What we offer:

With more than 200,000 clients, 300,000 people globally and 33,000 people in India, EY has become the strongest brand and the most attractive employer in our field, with market-leading growth over compete. Our people work side-by-side with market-leading entrepreneurs, game- changers, disruptors and visionaries. As an organization, we are investing more time, technology and money, than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills and opportunities.

EY is equally committed to being an inclusive employer and we strive to achieve the right balance for our people - enabling us to deliver excellent client service whilst allowing our people to build their career as well as focus on their wellbeing.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in building a better working world. Apply now.

EY