Senior Lead Credit Risk - Gurugram, India - Ameriprise Financial

Description

Plays an integral role in supporting Credit Risk domain in Ameriprise Bank, FSB loan portfolios. This position will perform analyses for credit risk management and credit strategies, including new product development, origination and portfolio management, loss forecasting, and loss reserving.

Key Responsibilities

Using data from a variety of sources, analyze complex business issues, incorporating company and industry knowledge, technological expertise, and sound analytical processes. Uses statistical analysis, modeling, and other quantitative techniques to answer business questions, identify issues, and recommend courses of action.

Analyzes lending portfolios to maximize profitability by managing risk exposure. Identify segments or acquisition channels/policies that have high risk exposure. Performs sensitivity analysis around key drivers of losses.

Serves as the provider of monthly Risk Management MIS and guidance as it relates to the portfolios. Presents results of analysis and/or recommendations to business managers, utility partners, and external partners. Communicates action plans and priorities to appropriate partners.

Forecasts credit losses for the Bank's portfolios (including Credit Card and Mortgage; others as assigned) to ensure alignment of charge-offs and loss reserves. Evaluates and validates the loss reserve methodology at least once annually. Reviews reserve methodology against industry performance as well as segmented performance of the Ameriprise portfolios.

Continuously monitors credit quality and practices including collections, foreclosures, and credit line management.

Required Qualifications

Engineering (B.E./ B.Tech.) graduate is required, and master's degree in quants would be preferred

5+ years' consumer credit risk management related analysis experience

2+ years' experience in Loan Loss forecasting or CECL loss reserving

High degree of proficiency with statistical software, such as Python, R (or equivalent)

Strong analytical abilities, including capability to build business cases and proposals.

Excellent project management and communication skills

Ability to handle confidential and sensitive information with a high degree of integrity.

Experience with credit card and mortgage portfolios, analytics management, and credit risk management.

Experience with predictive modeling preferred.

Strong interpersonal skills, including teamwork, leadership, and influence management.

Willingness and ability to thrive in an ambiguous environment.

Preferred Qualifications

Experience of using AWS Data Lake and tools, such as Dataiku, SageMaker etc.

About Our Company
Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 125 years. We are a U.S. based financial planning company headquartered in Minneapolis with a global presence. The firm's focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions and work with other talented individuals who share your passion for doing great work. You'll also have plenty of opportunities to make your mark at the office and a difference in your community. So if you're talented, driven and want to work for a strong ethical company that cares, take the next step and create a career at Ameriprise India LLP.

Ameriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

Full-Time/Part-Time

Full time

Timings

(2:00p-10:30p)

India Business Unit

AWMPO AWMP&S President's Office

Job Family Group

Business Support & Operations