Manager Credit Risk

Overview

Ameriprise Financial Inc. has a history of 130 years towards providing client based financial solutions to help clients plan and achieve their financial objectives. It is a US based leading financial planning company having its headquarters in Minneapolis with a global footprint through its subsidiaries in South East Asia, Middle East, and Europe. The firm’s focus areas include Wealth Management and Advice, Asset Management and Advice, Retirement Planning and Insurance Protection.

• Using data from a variety of sources, analyze complex business issues, incorporating company and industry knowledge, technological expertise, and sound analytical processes. Use statistical analysis, modeling, and other quantitative techniques to answer business questions, identify issues, and recommend courses of action.
• Analyze lending portfolios to maximize profitability by managing risk exposure. Identify segments or acquisition channels/policies that have high risk exposure. Perform sensitivity analysis around key drivers of losses.
• Serve as the provider of monthly Risk Management MIS and guidance as it relates to the portfolios. Present results of analysis and/or recommendations to business managers, utility partners, and external partners. Communicate action plans and priorities to appropriate partners.
• Forecast credit losses for the Bank s portfolios (including Credit Card and Mortgage; others as assigned) to ensure alignment of charge-offs and loss reserves. Evaluate and validate the loss reserve methodology at least once annually. Review reserve methodology against industry performance as well as segmented performance of the Ameriprise portfolios.
• Continuously monitor credit quality and practices including collections, foreclosures, and credit line management.

• Engineering (B.E./
  
  B.Tech.) graduate is required, and master’s degree in quants would be preferred
• 5+ years’ consumer credit risk management related analysis experience
• 2+ years’ experience in Loan Loss forecasting or CECL loss reserving
• High degree of proficiency with statistical software, such as Python, R (or equivalent)
• Experience of using AWS Data Lake and tools, such as Dataiku, Sage Maker etc.
• Strong analytical abilities, including capability to build business cases and proposals
• Excellent project management and communication skills
• Ability to handle confidential and sensitive information with a high degree of integrity
• Experience with credit card and mortgage portfolios, analytics management, and credit risk management
• Experience with predictive modeling preferred
• Strong interpersonal skills, including teamwork, leadership, and influence management
• Willingness and ability to thrive in an ambiguous environment

Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 125 years. We are a U.S. based financial planning company headquartered in Minneapolis with a global presence. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions and work with other talented individuals who share your passion for doing great work.

You’ll also have plenty of opportunities to make your mark at the office and a difference in your community. So if you re talented, driven and want to work for a strong ethical company that cares, take the next step and create a career at Ameriprise India LLP.

Ameriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

Full-Time/Part-Time

Full time

Timings

(2:00p-10:30p)

India Business Unit

AWMPO AWMP&S President's Office

Job Family Group

Business Support & Operations