Credit Risk Analyst Jobs in Chennai BFSI

📋 Job Description

Jobzi is sourcing qualified candidates for Credit Risk Analyst positions in Chennai's private BFSI sector. This is a full-time opportunity with a reputed Banking, Financial Services and Insurance employer in Chennai offering competitive salary, structured growth, and a professional work environment. Tamil communication skills are preferred alongside English for professional and business interaction in Chennai.

📌 Key Responsibilities

• Develop and validate credit risk models including PD, LGD, and EAD for retail and corporate portfolios
• Build and maintain credit scorecards for acquisition, behavioral, and collection segments
• Compute Expected Credit Loss (ECL) under Ind AS 109 / IFRS 9 provisioning framework
• Conduct portfolio analytics including vintage analysis, roll rate analysis, and migration matrices
• Monitor credit quality deterioration and prepare early warning indicator dashboards
• Support model risk management activities including model validation and recalibration
• Prepare credit risk reports for the Board Risk Committee and RBI submissions

🎓 Qualifications and Requirements

• MBA in Finance, FRM, or CA with 3-7 years of credit risk modeling experience
• Proficiency in SAS, Python (Pandas, Scikit-learn), or R for credit model development
• Strong knowledge of credit risk parameters: PD, LGD, EAD, and ECL computation
• Experience with Ind AS 109 / IFRS 9 provisioning and RBI NPA classification norms
• Hands-on with credit risk management systems (OFSAA, Experian, or similar)
• Understanding of retail credit (mortgages, personal loans, cards) or wholesale credit models
• FRM or GARP SCR certification preferred
• Good Tamil and English communication skills for team coordination and client interaction in Chennai.

✅ Required Skills