Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Kotak Mahindara Life Insurance Team. If you also belong to the team, you can get access from here

Kotak Mahindara Life Insurance Verified Tick

Compare button icon Compare button icon Compare
filter salaries All Filters

4,012 Kotak Mahindara Life Insurance Jobs

Team Member-Support Services-Credit Industry Research

0-3 years

Mumbai

1 vacancy

Team Member-Support Services-Credit Industry Research

Kotak Mahindara Life Insurance

posted 1 day ago

Job Role Insights

Flexible timing

Job Description

About The Role Grade M3/M4/M5

Role Team Member - Credit Risk Analyst Department Risk Management

Reporting Relationship Team Lead Credit Risk

Location Mumbai

Role Requirements

  • Credit Risk Analytics and Modelling Analyse, model, validate and document various measures of Credit Risk for use in Expected Credit Loss and Capital computations.
  • Hands-on experience in building, implementing, documenting, monitoring, validating, refining models and scorecards in particular for PD, LGD, EAD and related Credit Risk metrics - using statistical methods and or expert judgement based techniques.
  • In depth understanding of the techniques and functional insights that drive Credit Risk models and the experience of having used modelled output in computing Expected Credit Loss (ECL) under Ind AS, Credit Risk Capital under Internal Ratings based approaches, Economic Capital and having taken these measures through the scrutiny of auditors and regulators. This is the main requirement of the role and the individual should have a good knowledge of this function.
  • Derive insights from data and effectively communicate these insights to Risk, Credit and Business teams. Develop Risk Dashboards and analytical reports for Senior Management.
  • Preparing and submitting reports to the regulator and or senior management on a periodic and adhoc basis. The job-holder will be responsible for computing and reporting ECL and related metrics on an on-going basis.
  • Ability to work with (gather, consolidate, prepare, summarise) large data sets on a routine basis with an eye for detail and flair for numbers. Data cleansing and preparation for use in model building.
  • Ensure reliability, integrity and consistency of reported and underlying data
  • Pre-Requisites
  • About 4 to 8 years of experience in a Bank, NBFC, Consulting Firm, Rating Agency in the areas of working PD, LGD, ECL, EAD. Exposure to risk reporting or financial reporting would be an advantage.
  • Degree in statistics, mathematics or econometrics (or equivalent professional qualifications) with hands-on experience in statistical model development, implementation, validation would be an advantage.
  • Experience and expertise in using any one or more among Python SAS R. Intermediate level SQL skills will be useful.
  • Strong experience in areas like delinquency or loan loss forecasting, expected credit losses capital computation under advanced approaches.
  • Above average to advanced excel skills

  • Experience in projects involving automation data consolidation in the areas of risk or financial reporting would be an advantage
    Skills and Knowledge
  • CA or MBA with FRM preferred
  • Understanding analysis of various types of credits
  • Proven management and supervisory skills
  • Excellent interpersonal skills, verbal/written communication skills and strong project management skills
  • Above average to advanced excel skills
  • Experience in working with Python, SQL or SAS would be an added advantage.

  • Employment Type: Full Time, Permanent

    Read full job description

    Prepare for Your Kotak Mahindara Life Insurance Interview with Real Experiences!

    View interviews
    Office worker

    What people at Kotak Mahindara Life Insurance are saying

    What Kotak Mahindara Life Insurance employees are saying about work life

    based on 3.2k employees
    53%
    46%
    55%
    98%
    Flexible timing
    Monday to Saturday
    Within city
    Day Shift
    View more insights

    Kotak Mahindara Life Insurance Benefits

    Submitted by Company
    Comprehensive Insurance Coverage
    Employee Referral Program
    Sabbatical Leave
    Long Service Awards
    KLAPS
    Submitted by Employees
    Job Training
    Soft Skill Training
    Health Insurance
    Work From Home
    Team Outings
    Cafeteria +6 more
    View more benefits

    Compare Kotak Mahindara Life Insurance with

    HDFC Life

    3.9
    Compare

    ICICI Prudential Life Insurance

    4.0
    Compare

    Axis Max Life Insurance

    4.1
    Compare

    Bajaj Allianz Life Insurance

    3.9
    Compare

    ICICI Lombard General Insurance Company

    3.6
    Compare

    SBI Life Insurance Company

    3.8
    Compare

    Tata AIA Life Insurance

    4.0
    Compare

    HDFC Ergo General Insurance

    3.9
    Compare

    PNB MetLife

    3.4
    Compare

    Aditya Birla Sun Life Insurance

    4.0
    Compare

    Reliance Nippon Life Insurance

    3.5
    Compare

    Star Health & Allied Insurance

    3.5
    Compare

    Gallagher

    3.7
    Compare

    Life Insurance Corporation of India

    4.4
    Compare

    SBI General Insurance

    3.6
    Compare

    Shriram Life Insurance

    3.5
    Compare

    Swiss Re

    3.8
    Compare

    Allianz

    4.4
    Compare

    Kotak Mahindra General Insurance

    3.8
    Compare

    The New India Assurance Co.

    4.5
    Compare

    Similar Jobs for you

    Support Service at Kotak Mahindra Life Insurance Company Limited.

    Mumbai

    0-3 Yrs

    Not Disclosed

    Support Service at Kotak Mahindra Life Insurance Company Limited.

    Mumbai

    0-3 Yrs

    Not Disclosed

    Support Service at Kotak Mahindra Life Insurance Company Limited.

    Mumbai

    0-3 Yrs

    Not Disclosed

    Validation Specialist at DEUTSCHE BANK AG

    Mumbai

    3-8 Yrs

    Not Disclosed

    Modeller at EXL

    Gurgaon / Gurugram, Bangalore / Bengaluru + 1

    3-8 Yrs

    Not Disclosed

    Validation Analyst at DEUTSCHE BANK AG

    Mumbai

    Not Disclosed

    Associate at DEUTSCHE BANK AG

    Mumbai

    2-4 Yrs

    Not Disclosed

    Validation Lead at CareerFit.ai

    Mumbai

    3-7 Yrs

    Not Disclosed

    Data Science Professional at Davinta Finserv

    Bangalore / Bengaluru

    2-5 Yrs

    Not Disclosed

    Senior Analyst at DEUTSCHE BANK AG

    Mumbai

    2-3 Yrs

    Not Disclosed

    Team Member-Support Services-Credit Industry Research

    0-3 Yrs

    Mumbai

    Python, SQL, Statistics +12 more

    1 day ago·via naukri.com

    Elite Relationship Manager-Household-Branch Banking-Branch Banking

    Gurgaon / Gurugram, India

    Marketing, Finance, Customer Service +9 more

    Few hours ago·via naukri.com

    Technologist-I-SUPPORT SERVICES -CTO Head

    2-7 Yrs

    Mumbai, India

    Customer Service, Sales, Customer Support +12 more

    Few hours ago·via naukri.com

    Manager-Support-Digital Banking Kotak 811-Regional Sales

    Mumbai, India

    Marketing, Customer Service, Sales +12 more

    Few hours ago·via naukri.com

    Business Relationship Manager - SBE-Small Business Enterprise-Sales

    2-3 Yrs

    India

    Sales, Trade, Portfolio +9 more

    Few hours ago·via naukri.com

    Branch Manager-BRANCH BANKING-RL Branch head

    6-11 Yrs

    ₹ 4L/yr - 12.3L/yr (AmbitionBox estimate)

    Bijnor, India

    Marketing, Finance, Investment Banking +9 more

    Few hours ago·via naukri.com

    Area Sales Manager-NEW CAR FINANCE-Sales

    7-10 Yrs

    Jaipur, India

    Customer Service, Customer Handling, Sales +14 more

    Few hours ago·via naukri.com

    Relationship Manager-Business Banking-Affluent-Priority-Regional sales

    ₹ 2L/yr - 4.5L/yr (AmbitionBox estimate)

    Chandigarh, India

    Private Banking, Customer Service, Sales +11 more

    Few hours ago·via naukri.com

    SDE 3-SUPPORT SERVICES-CTO Head

    3-8 Yrs

    Bangalore / Bengaluru, India

    DevOps, Python, AWS +21 more

    Few hours ago·via naukri.com

    Asst Acquisition Manager - GRA-RL SALES-Regional sales

    0-2 Yrs

    Ahmedabad, India

    Marketing, Sales, Sales Management +13 more

    Few hours ago·via naukri.com
    write
    Share an Interview