Job Title: Regulatory Model Developer
Location: Bangalore/Kolkata
Experience: 7+ years
About Us
“Capco, a Wipro company, is a global technology and management consulting firm. Awarded with Consultancy of the year in the British Bank Award and has been ranked Top 100 Best Companies for Women in India 2022 by Avtar & Seramount. With our presence across 32 cities across globe, we support 100+ clients across banking, financial and Energy sectors. We are recognized for our deep transformation execution and delivery.
WHY JOIN CAPCO?
You will work on engaging projects with the largest international and local banks, insurance companies, payment service providers and other key players in the industry. The projects that will transform the financial services industry.
MAKE AN IMPACT
Innovative thinking, delivery excellence and thought leadership to help our clients transform their business. Together with our clients and industry partners, we deliver disruptive work that is changing energy and financial services.
#BEYOURSELFATWORK
Capco has a tolerant, open culture that values diversity, inclusivity, and creativity.
CAREER ADVANCEMENT
With no forced hierarchy at Capco, everyone has the opportunity to grow as we grow, taking their career into their own hands.
DIVERSITY & INCLUSION
We believe that diversity of people and perspective gives us a competitive advantage.
Job Title: Regulatory Model Developer
Location: Bangalore/Kolkata
Experience: 7+ years
Key Skills: Analytics, Regulatory Modelling, Python, R
Domain: BFSI – Retail Credit Risk Analytics
Roll description: We are looking for an experienced Regulatory Model Developer with a strong background in Wealth Private Banking Risk Analytics. The candidate will play a crucial role in developing and monitoring regulatory models, ensuring compliance with global regulatory standards, and supporting the bank's risk management strategies. The ideal candidate should have robust Python proficiency, a deep understanding of regulatory guidelines, and significant experience in Credit Risk Analytics.
Key Responsibilities:
- Regulatory Model Development:
- Develop and monitor regulatory models in line with Basel III requirements and other regulatory standards, using Python.
- Ensure all models are compliant with guidelines set by global regulatory bodies such as the PRA, HKMA, and others.
- Maintain and enhance existing models to adhere to updated regulatory standards, including Basel 3.1, CCAR, IFRS9, and SS 1/23.
- Compliance and Regulatory Expertise:
- Leverage expertise in regulatory guidelines from PRA, HKMA, and other governing bodies to ensure models meet compliance standards.
- Stay updated on emerging regulations and assess their impact on existing models and risk strategies.
- Collaborate with risk management and compliance teams to align model development with regulatory requirements.
- Credit Risk Analytics:
- Apply extensive experience (7+ years) in Credit Risk Analytics for retail or commercial banking to develop robust models.
- Utilize statistical techniques and data analysis to enhance the predictive accuracy and stability of credit risk models.
- Provide insights and recommendations to senior management based on model outputs.
- Collaboration and Communication:
- Work closely with stakeholders, including risk, finance, and regulatory teams, to ensure a comprehensive approach to model development and monitoring.
- Communicate complex regulatory modeling concepts and results effectively to both technical and non-technical audiences.
- Technical Proficiency:
- Demonstrate strong proficiency in Python for model development and regulatory monitoring.
- Utilize knowledge of GCP (Google Cloud Platform) for data storage, model development, and deployment as needed.
- Leverage experience in SAS or other statistical software as an added advantage.
Required Qualifications:
- Proven experience (7+ years) in Credit Risk Analytics within a Retail or Commercial Bank.
- Strong proficiency in Python for regulatory model development and monitoring.
- Deep understanding of regulatory guidelines and standards, including Basel 3.1, CCAR, IFRS9, SS 1/23, and others.
- Knowledge of GCP (Google Cloud Platform) is a plus.
- Experience with SAS or other statistical tools is an added advantage.
- Excellent analytical, problem-solving, and communication skills.
WHY JOIN CAPCO?
You will work on engaging projects with some of the largest banks in the world, on projects that will transform the financial services industry.
We offer:
- A work culture focused on innovation and creating lasting value for our clients and employees
- Ongoing learning opportunities to help you acquire new skills or deepen existing expertise
- A flat, non-hierarchical structure that will enable you to work with senior partners and directly with clients
- A diverse, inclusive, meritocratic culture
#LI-Hybrid
#LI-RA1
Top Skills
What the Team is Saying
What We Do
Capco, a Wipro company, is a global management and technology consultancy specializing in driving transformation in the energy and financial services industries. Capco operates at the intersection of
business and technology by combining innovative thinking with unrivalled industry knowledge to fast-track digital initiatives for banking and payments, capital markets, wealth and asset management, insurance,
and the energy sector. Capco’s cutting edge ingenuity is brought to life through its award-winning Be Yourself At Work culture and diverse talent.
TRUSTED ADVISORS - Our collaborative and entrepreneurial approach position us as trusted long-term partners to our clients.
DEEP EXPERTISE - Clients look to us for clear guidance, proven expertise, and the support they need to set their companies up for success.
DISRUPTIVE SOLUTIONS- We do not provide off -the-shelf answers to clients’ challenges. Instead, we work in close collaboration to understand the issues, and craft disruptive, bespoke solutions.
ACCOUNTABILITY AND OWNERSHIP - We recognize every client has distinct needs and expectations, and we take ownership and accountability for the solutions we design, build, and deliver.
Why Work With Us
We support and encourage an inclusive culture, entrepreneurial outlook and independent thinking. Capco is not about organizational charts and rigid hierarchies – we want all employees to feel that Capco is their firm to own and run. We believe diversity powers innovation. Be Yourself At Work (#BYAW) is an integral and underlying part of our culture
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