Credit Risk Modeller

From Open Risk Manual

Definition

A Credit Risk Modeller is an individual developing models and tools for the assessment and management of Credit Risk.

Specializations

Credit risk modellers will typically have a specialization linked to the particular type of Credit Portfolio they work with as this determines

Roles and Responsibilities

  • Gathering Business Requirements around Credit Risk Models
  • Credit Model Development
  • Credit Model Validation
  • Credit Model Deployment
  • Credit Model Monitoring

Skills

Description of the abilities, proficiencies, know-hows, skills the a person must possess in order to carry out the risk management responsibilities

  • Business Skills
  • Technical Skills
  • General Skills (Linguistic)

Seniority Level

Indication as to whether the function is formally segmented into seniority levels (e.g. junior, senior) that have material skill / experience requirements and are not simply organizational arrangements.

Experience

Experience denotes the intangible qualities acquired by a person in the process of having performed certain functions in the past

  • Required experience in related business models
  • General work experience

Education

Education denotes any formal and long duration training that is considered an important prerequisite for a role

  • Educational level, e.g., university or college degree
  • Subject matter of studies / Specialization
  • Educational institution

Qualifications

Qualifications are formal certifications that a person fulfills some professional requirements

  • Certifications
  • Accreditations
  • Admittance to professional societies etc.

Licensing Requirements

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