Senior Risk Analyst - Credit Risk

About the Role

Our client, a prominent financial institution based in Jaipur, Rajasthan, IN , is seeking a seasoned Senior Risk Analyst specializing in Credit Risk. This vital role involves assessing and mitigating credit exposure across the organization's loan portfolio. You will be responsible for developing and implementing sophisticated credit risk models, analyzing borrower creditworthiness, and monitoring portfolio health to ensure financial stability. The ideal candidate will possess a strong quantitative background, a deep understanding of credit risk management principles, and excellent analytical and reporting skills. This position requires a dedicated individual to work within our Jaipur office, contributing to prudent risk management practices in a challenging financial market.

Key Responsibilities Develop, implement, and validate statistical models for credit risk assessment (e.g., probability of default, loss given default). Analyze borrower financial statements, credit reports, and market data to assess credit risk. Monitor the credit quality of the loan portfolio, identifying potential problem areas and trends. Develop and maintain credit risk policies and procedures in line with regulatory requirements and best practices. Prepare detailed risk reports and present findings and recommendations to senior management and risk committees. Stress-test the credit portfolio under various economic scenarios. Collaborate with business units to ensure effective implementation of credit risk management strategies. Stay updated on industry trends, regulatory changes, and emerging risks in credit risk management. Ensure data integrity and accuracy for risk analysis and reporting. Contribute to the development of risk management frameworks and tools. Requirements Master's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field. Minimum of 4-6 years of experience in credit risk analysis, financial risk management, or a related area. Strong understanding of credit risk principles, financial markets, and banking products. Proficiency in statistical modeling techniques and software (e.g., SAS, R, Python). Experience with credit scoring models and portfolio analysis. Excellent analytical, quantitative, and problem-solving skills. Strong report writing and presentation skills, with the ability to communicate complex risk concepts clearly. Knowledge of regulatory frameworks related to credit risk (e.g., Basel Accords). Ability to work independently and manage multiple deadlines effectively. Benefits

Our client offers a competitive salary and bonus structure, along with a comprehensive benefits package including health insurance, retirement planning, and paid time off. Opportunities for professional growth and development within the financial sector in Jaipur are emphasized. This role offers a significant opportunity to contribute to the robust financial health and stability of the organization.