1,432 Credit Risk jobs in India

Position Title: Analyst/ Associate / Senior Associate (Credit Risk)

Experience Level: 2-5 Years

Location : Bengaluru/Gurugram/Pune

Job Purpose

• Provide comprehensive model validation and review processes in accordance with client’s model risk management policy to assess model usage, purpose, conceptual soundness, data integrity, documentation and the control environment.
• Communicate results via formal model validation reports, as well as presentations to model owners and senior management.
• Prepare detailed documentation of all analyses, code developed, and findings from assessments, ensuring reproducibility and transparency.
• Organize and maintain supporting evidence for all remediated issues and edge case testing, facilitating future reviews, audits, and regulatory examinations.
• Maintain the model inventory and support the model risk governance process.
• Perform ad hoc (generally statistical) analysis of back-tests or simulated performance information.
• Support Risk committee presentations and reporting exercises.
• Support Model Risk management policy management, review performance monitoring and assess model certifications.

Desired Skills and experience

• Master’s degree in mathematics, statistics, data science, finance, Quantitative Finance, or a relevant field.
• Experience in model development, model validation or model governance in the fields of Credit Risk, Market Risk, Operational Risk, Fraud Risk.
• Programming experience with demonstrated exposure to multiple languages such as Python, , R, MATLAB, SQL, VBA, C++ or similar languages.
• Deep understanding of financial products, risk measurement, and model validation practices, including regulatory expectations for financial institutions.
• Experience with vendor financial data vendors: Bloomberg, Refinitiv, CRSP, MSCI, Markit, S&P Capital IQ, etc.
• Solid understanding of financial predictive modeling, such as multi-factor risk models, time series forecasting, Value-At-Risk (VaR), optimization theory, and machine learning.
• Attainment or progress toward at least one of the following: Graduate degree in business or quantitative discipline, FRM or PRM risk management certifications, Chartered Financial Analyst (CFA) charter
• Demonstrated history of strong analytical skills and attention to detail.

What impact will you make?

Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration and high performance. As the undisputed leader in professional services, Deloitte is where you’ll find unrivaled opportunities to succeed and realize your full potential

Deloitte is where you’ll find unrivaled opportunities to succeed and realize your full potential.

The Team

Discover the various Financial Risk services, we offer to help organizations across the full life cycle of financial transaction. From governance and processes to technology and reporting, our services can enhance transparency, efficiency, compliance and financial integrity.

Work you’ll do

As a AM/DM in our team you’ll build and nurture positive working relationships with teams and clients with the intention to exceed client expectations.

Required skill set:

• ECL Computation
• Credit Risk
• IFRS9
• PD, EAD, LGD

Job Purpose

Within the practice, the group is designed to take a risk based approach help clients improve performance and operating efficiency. We work closely and collaboratively with our clients, providing the full range of services. Supporting them to be effective and efficient through usage.

Key Job Responsibilities:

· Understand business requirements

• Data Analytics, SAS, Python

• Credit Risk

• IFRS9, PD, EAD, LGD

Qualifications

• Graduates with relevant experience can also be considered.
• M.Sc.IT, MBA, M.Tech, MCA, Any PG

Your role as a leader

At Deloitte India, we believe in the importance of leadership at all levels. We expect our people to embrace and live our purpose by challenging themselves to identify issues that are most important for our clients, our people, and for society and make an impact that matters.

In addition to living our purpose, Deputy Managers across our organization:

• Builds own understanding of our purpose and values; explores opportunities for impact
• Demonstrates strong commitment to personal learning and development; acts as a brand ambassador to help attract top talent
• Understands expectations and demonstrates personal accountability for keeping performance on track
• Actively focuses on developing effective communication and relationship-building skills
• Understands how their daily work contributes to the priorities of the team and the business

How you’ll grow

At Deloitte, our professional development plan focuses on helping people at every level of their career to identify and use their strengths to do their best work every day. From entry-level employees to senior leaders, we believe there’s always room to learn. We offer opportunities to help build world-class skills in addition to hands-on experience in the global, fast-changing

business world. From on-the-job learning experiences to formal development programs at Deloitte University, our professionals have a variety of opportunities to continue to grow throughout their career. Explore Deloitte University, The Leadership Centre.

Benefits

At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits.

Learn more about what working at Deloitte can mean for you.

Our purpose

Deloitte is led by a purpose: To make an impact that matters .

Every day, Deloitte people are making a real impact in the places they live and work. We pride ourselves on doing not only what is good for clients, but also what is good for our people and the communities in which we live and work—always striving to be an organization that is held up as a role model of quality, integrity, and positive change.

Learn more about Deloitte's impact on the world

Recruiter tips

We want job seekers exploring opportunities at Deloitte to feel prepared and confident. To help you with your interview, we suggest that you do your research: know some background about the organization and the business area you’re applying to.

Check out recruiting tips from Deloitte professionals.

• Analyze financial statements, credit reports, and other financial data to assess the creditworthiness of individuals and businesses.
• Develop and maintain credit scoring models and risk assessment frameworks.
• Monitor the credit performance of existing loan portfolios and identify potential risks.
• Make recommendations on loan applications, including approval, denial, or modification of terms.
• Prepare comprehensive credit reports and present findings to senior management and lending committees.
• Stay updated on industry trends, economic conditions, and regulatory requirements affecting credit risk.
• Collaborate with loan officers and other departments to ensure effective risk management practices.
• Conduct portfolio stress testing and scenario analysis.
• Assist in the development and implementation of credit policies and procedures.
• Ensure compliance with all relevant banking regulations and internal controls.

• Bachelor's degree in Finance, Economics, Accounting, or a related quantitative field.
• Minimum of 3 years of experience in credit analysis, risk management, or a similar role within the financial services industry.
• Strong understanding of financial statement analysis and accounting principles.
• Proficiency in data analysis tools and techniques; experience with SQL and/or statistical software (e.g., R, Python) is highly desirable.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong written and verbal communication skills.
• Ability to work effectively both independently and as part of a team.
• Familiarity with credit risk modeling and regulatory frameworks (e.g., Basel norms).

• Assess the credit risk of new and existing clients using various financial data and tools.
• Develop, implement, and refine credit risk models and methodologies.
• Monitor the performance of the credit portfolio and identify emerging risks.
• Prepare credit reports and recommendations for loan approvals or rejections.
• Ensure compliance with internal credit policies and external regulations.
• Analyze macroeconomic factors and industry trends affecting credit risk.
• Collaborate with loan officers and other departments to manage credit exposure.
• Contribute to the development and enhancement of risk management systems.
• Conduct stress testing and scenario analysis on the credit portfolio.

• Bachelor's or Master's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Minimum of 3 years of experience in credit risk analysis, financial analysis, or a related role within the banking or financial services industry.
• Strong understanding of credit risk principles, financial statement analysis, and statistical modeling.
• Proficiency in data analysis tools such as SQL, Python, R, or similar.
• Experience with credit scoring models and risk assessment techniques.
• Excellent analytical, problem-solving, and quantitative skills.
• Ability to work independently and manage time effectively in a remote environment.
• Strong written and verbal communication skills.

• Analyze financial statements, cash flow projections, and other relevant data to assess the credit risk of individual borrowers (corporate and retail).
• Develop and maintain credit risk models to evaluate borrower default probabilities and potential losses.
• Prepare comprehensive credit reports and recommendations for loan origination, renewals, and modifications.
• Monitor the credit performance of existing loan portfolios, identifying early warning signs of potential distress.
• Ensure compliance with internal credit policies and external regulatory guidelines.
• Collaborate with relationship managers to understand client needs and assess associated risks.
• Stay updated on industry best practices and evolving credit risk management techniques.
• Contribute to the development and refinement of credit scoring systems and risk assessment frameworks.
• Conduct market research and industry analysis to inform credit decisions.
• Assist in stress testing and scenario analysis for the credit portfolio.

• Bachelor's degree in Finance, Economics, Accounting, Statistics, or a related quantitative field.
• 2-4 years of experience in credit analysis, risk management, or a similar role within the banking or financial services industry.
• Strong understanding of financial statement analysis, ratio analysis, and cash flow modeling.
• Familiarity with credit scoring models and regulatory frameworks (e.g., Basel Accords).
• Proficiency in MS Excel and financial analysis software.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong written and verbal communication skills, with the ability to articulate complex risk assessments clearly.
• High degree of accuracy and attention to detail.
• Ability to manage multiple tasks and meet deadlines in a dynamic environment.

• Analyze financial data and credit histories to assess borrower risk.
• Develop and implement credit scoring models and risk assessment tools.
• Monitor the performance of the loan portfolio and identify potential risks.
• Prepare credit reports and present findings to management and credit committees.
• Ensure compliance with regulatory requirements and internal credit policies.
• Conduct stress testing and scenario analysis on credit portfolios.
• Collaborate with relationship managers to structure appropriate credit facilities.
• Stay updated on industry trends and best practices in credit risk management.
• Identify and recommend strategies to mitigate credit risk.
• Contribute to the development and refinement of risk management frameworks.