ThinkingStreet.com

Job Title: Practice Specialist - Risk Management

Company: A Leading client of Pylon Management Consulting Pvt Ltd.

Job Function: Financial Services

Work Location: Gurgaon, India

Responsibilities:

Overview of Position

The Asian Risk Management Practice (RMP) of our client company is looking for a Specialist with significant experience in the risk management space. The Specialist would be expected to work most of his/her time working directly with client service teams across the globe (primarily in the Asia-Pacific region) on risk management issues, including credit risk as well as other risk types such as market, operational, and business risk. The Specialist would be located out of Firm’s Knowledge Center in Gurgaon, India. However, the Specialist would be expected to travel frequently to serve clients onsite.
When ready, Specialists assume the role of Practice Expert where they play an expanded leadership role on their engagement team, either as an engagement manager or as a thought-leader within their area of expertise. Successful Practice Experts will be appointed Associated Principal and elected a Partner in the Firm. The Responsibilities includes:
The Risk Management Practice Specialist could be staffed either part-time as an “expert consultant” or full-time on client service teams and internal knowledge development teams. He/she would be expected to bring both leading edge technical expertise and pragmatic problem solving and process management skills to bear in helping clients build their risk management capabilities and thus achieve significant and lasting improvements of their businesses. Specifically, he/she will be expected to perform the following roles:

• Provide the team with leading edge technical expertise in risk measurement and modeling, such as the development of risk rating and portfolio loss models and risk pricing tools.
• Lead own work streams in client engagements (such as the development of a rating model). For example: Interview members of the client organization at all levels and review client materials to develop a model building approach;
• Define data requirements and work with client team members to collect data;
• Analyze and interpret data and statistical modeling output;
• Manage client team members and their Risk Modeling Group at the Analytics Centre in conducting such tasks as data cleaning, aggregation, and analysis, including the development of risk models.
• Actively transfer risk management skills (including technical risk modeling skills) to clients.
• Support the implementation of new or improved risk management tools, including the assessment of changes in a client’s organization and processes necessary to ensure that risk management is properly executed and the benefits of new tools are fully captured; the description of business requirements for IT implementation; the development of work plans; and the preparation and execution of pilots.
• Be an active partner in the team problem solving process. For example, identify data issues and implementation barriers and pragmatic solutions to overcome these; frame key hypotheses to guide the team’s problem solving; and provide relevant experiences and frameworks to help the client and client service team to make trade-off decisions.
• Work with the team to translate insights from various analyses into specific and actionable business recommendations, and present these to the client’s management team members.
• Capture and codify knowledge from the engagement to develop the practice knowledge infrastructure.
• Identify opportunities for new knowledge development and participate in knowledge development projects.
• Support the RMP leadership in client development situations.

Requirements:

Knowledge & Skills Required

We are looking for candidates who have demonstrated both a strong business sense and a deep understanding of the quantitative foundations of risk management. Candidates should be at ease in approaching risk management from a top management view and discussing risk management in the overall context of a business. At the same time, they should have a broad understanding of risk management concepts and deep quantitative knowledge in at least one area of risk management. Candidates must also possess the following hallmarks of excellent problem solving skills, team skills, entrepreneurial ability, and strong communication skills:

• Outstanding analytical and problem solving skills, including the ability to disaggregate issues, develop hypotheses, and develop actionable recommendations from data and analysis.
• Excellent written and verbal communication skills. Fluent in both written and spoken English; international experience (including work in a multi-national environment) desirable.
• Demonstrated leadership ability (at school, work, or elsewhere).
• Strong interpersonal skills with a demonstrated ability to influence others with non-threatening methods.
• Energetic, cooperative and pleasant personality. Able to get involved with and deal effectively with a diverse group and client professionals.
• Flexibility, patience, and an understanding of fluid, demanding, and unstructured environments where priorities evolve constantly and methodologies are regularly challenged.

Education & Previous Experience Required

• Post-graduate degree (preferably in Statistics or an MBA or Economics degree with a strong quantitative underpinning) from a respected institution (e.g., IIMs) with an outstanding academic record.
• Minimum of Five years of professional work experience with atleast two years of experience in risk management.
• At least part of the practical experience should relate specifically either to the banking or insurance sector or to credit risk (also in a non-banking context).
• Quantitative risk management experience is highly desirable.

Contact Information :

Alexander

Desk +91.80.4022 1632

Email: [1] alexander@pylonmc.com

Pylon Management Consulting Pvt Ltd | Web [2] www.pylonmc.com