Loss Forecasting Manager - Credit Card Business

About the job Loss Forecasting Manager - Credit Card Business

Job Title : Loss Forecasting Manager - Credit Card Business

Job Summary : We are seeking an experienced Loss Forecasting Manager with 4-6 years of experience in Loss Forecasting and overall 8-10 years of overall experience to lead our Loss Forecasting team, focusing on the credit card business. The ideal candidate will have strong business knowledge, banking domain experience, and expertise in Vintage forecasting, CCAR models, Roll rate forecasting, and Delinquency forecasting. Any added experience of Acquisition or ECM policy will be an added advantage. This role requires leadership skills to manage clients, partners and inspire and elevate a team of analysts.

Key Responsibilities :

• Develop and maintain loss forecasting models for the credit card portfolio using Roll Rate forecasting model, unit forecasting and other techniques.
• Understand the out come of CCAR models, including scenario analysis and stress testing, to ensure compliance with regulatory requirements.
• Utilize vintage analysis and roll rate models for forecasting delinquency and charge-off rates.
• Implement and refine delinquency forecasting models, including time series analysis and logistic regression. Special focus on the Risk policy and its implications to the Loss Forecasting.
• Collaborate with finance, underwriting, and collections teams to gather data and insights.
• Conversant with Python & SQL
• Ability to carry out Actuals vs Forecast comparison at monthly and quarterly levels to better inform the forecast.
• Stakeholder management

Qualifications :

Skills and Competencies :