Senior Vice President - Risk Analytics

Senior Vice President - Risk Analytics

About Us

SBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge in rewarding benefits. At SBI Card, the motto 'Make Life Simple' inspires every initiative, ensuring that customer convenience is at the forefront of all that we do. We are committed to building an environment where people can thrive and create a better future for everyone.

SBI Card is proud to be an equal opportunity & inclusive employer and welcome employees without any discrimination on the grounds of race, colour, gender, religion, creed, disability, sexual orientation, gender identity, marital status, caste etc. SBI Card is committed to fostering an inclusive and diverse workplace where all employees are treated equally with dignity and respect which makes it a promising place to work.

Join us to shape the future of digital payment in India and unlock your full potential.

What’s in it for YOU

1. SBI Card truly lives by the work-life balance philosophy. We offer a robust wellness and wellbeing program to support mental and physical health of our employees
2. Admirable work deserves to be rewarded. We have a well curated bouquet of rewards and recognition program for the employees
3. Dynamic, Inclusive and Diverse team culture 
4. Gender Neutral Policy
5. Inclusive Health Benefits for all - Medical Insurance, Personal Accidental, Group Term Life Insurance and Annual Health Checkup, Dental and OPD benefits
6. Commitment to the overall development of an employee through comprehensive learning & development framework

Role Purpose 

The role is responsible to develop risk detection models, deploy the model in production and continuously monitor/update model performance and develop innovative solutions in order to mitigate and prevent risk losses in accordance with the functional objectives.

Role Accountability

1. Create the Annual plan for losses & credit costs; 
2. Develop & maintain the ECL provision model
3. Estimate loss provision for Finance
4. Create outlook/forecast of credit cost & losses on monthly/quarterly basis.
5. Create Stress test models
6. Perform quarterly stress testing for credit risk & liquidity risk & present the same to management
7. Create model monitoring process (managing models across ecosystems, model lifecycle, create outlook for quarter,identify issues and highlight actions to be taken, NPA monitoring)
8. Manage Annual/Quarterly reviews for existing models
9. Review new models & recommend to CRO for Approval
10. Create documents for Internal & Board reporting 
11. Create Investor Presentation along with required backups & analysis
12. Report automation across risk, turbine development
13. Ensure all regulatory reports are submitted on-time
14. Front face with RBI for response to queries
15. Create automated dashboards for all risk reportings; Ownership/data governance of Risk Data Mart
16. Ensure adherence to regular process documentation practices in compliance with the process guidelines

Measures of Success 

1. No statutory or audit findings
2. Timely preparation of governance model
3. Timely redevelopment / refresh of stress testing models
4. Timely and accurate annual forecast/outlook creation
5. Provision Adequacy (timely and correct ECL, Asset classification & Provision calc)
6. Timely and accurate updation of process documentation
7. Process Adherence as per MOU

Technical Skills / Experience / Certifications

1. Knowledge of SAS, Answer Tree, SAS E Miner, etc.
2. Principles of Risk Management
3. Risk model building capabilities

Competencies critical to the role

1. Strong analytical and problem solving skills
2. Verbal and written communication

Qualification 

Master’s degree in economics, statistics, operations research, mathematics, engineering, business, or related field with a strong quantitative emphasis

Preferred Industry

Banking / NBFC / Credit Card industry

Experience Level

Senior Level