Current Expected Credit Losses

Exp-4-8yrs

- Work location-Bangalore, Hyderabad, Mumbai, Gurgaon & Kolkata

- As a member of the Risk & Regulatory Advisory team, you will advise financial institutions on a broad range of credit risk management topics including, organization and governance; credit process optimization; risk rating model design, build and implementation; and Current Expected Credit Losses (CECL) process and tools.

- You will work on a team evaluating, designing, and implementing credit risk strategies to support our clients in addressing key market challenges focused on credit risk.

Job Requirements and Preferences:

Basic Qualifications:

Minimum Degree Required: Bachelor Degree

Minimum Years of Experience: 3 year(s)

Preferred Qualifications:

Degree Preferred: Master Degree

Preferred Fields of Study:

- Business Administration/Management, Mathematics, Statistics, Finance, Accounting, Economics

- Demonstrates a thorough level of abilities and/or a proven record of success in how to lead or facilitate relevant project management or client consultations in the areas of

- credit-related activities and credit risk management, preferably in some combination of the following areas:

- Possessing knowledge of Allowance for Credit Losses, including methodology, models, and US GAAP requirements under Current Expected Credit Losses (CECL) and knowledge of IFRS 9;

- Strong writing and communication skills across complex accounting, credit, and model topics

- Experience in the reserve, finance, or controllership organization at a large financial institution

- Experience in designing, building, and/or validating qualitative reserves for financial institutions across a broad array of asset classes, including both consumer and commercial loans.

- Demonstrates a thorough level of abilities and/or a proven record of success with designing and implementing process improvement solutions, leveraging PC applications including MS Office (Word, Excel, Access, PowerPoint), where applicable, including:

- Knowledge of typical credit reserve methodologies used at financial institutions to determine the allowance for loan losses (i.e., Credit Reserve, ACL, or CECL).

- Operating successfully as both an individual contributor and team member, identifying and addressing client needs. Preparing, coordinating, and delivering complex written and verbal materials to clients and senior management (e.g., PPT presentations, summary reports/ memos, oral presentations);

- Collaborating with teams to create a proven atmosphere of trust, seeking diverse views to encourage improvement and innovation, and coaching staff, including providing timely meaningful written and verbal feedback;

- Identifying and addressing client needs by building and maintaining trust (e.g., client relationship management);

- Considering cross-cultural differences, seeking diverse views to encourage improvement and innovation, and fostering a global mindset for the team;

- Demonstrating experience in working with and managing on-shore and off-shore teams;

- Demonstrating thorough ability to communicate project goals and objectives, project status and deliverables, building consensus and presenting standard industry practices/point of view effectively; and,

- Keeping leadership informed of progress and issues.