Job Description

ICICI Bank Canada is a wholly-owned subsidiary of ICICI Bank Limited (NYSE:IBN) which has its headquarters in Mumbai, India. ICICI Bank Limited is a leading private sector bank in India. ICICI Bank Limited's consolidated total assets stood at US$ 309.1 billion as on March 31, 2025.

Established in December 2003, ICICI Bank Canada is a full-service direct bank with an asset base of about C$5.2 billion as at March 31, 2025 and it is a member of the Canada Deposit Insurance Corporation. ICICI Bank Canada offers a wide range of financial solutions to cater to personal, commercial, corporate, investment, treasury and trade requirement.

Job Purpose:

Enterprise Risk Management

Model Validation

Portfolio Analytics & Stress Testing

Expected Credit Loss Assessment

Area of Responsibility

1. Conduct monthly Expected Credit Loss (ECL) calculation for the Bank, including related analysis and reporting. Work towards maintaining updated ECL calculation models based on latest data / methodology / regulatory guidance

2. Actively engage in implementation of Internal Capital Adequacy Management Process (ICAAP)

3. Perform periodic model validation in line with Bank's model governance framework

4. Present results of stress testing and model validations in the Stress Testing Forum and engage in implementation of the recommendations

5. Active engagement for program development in projects related to process automation of the Bank's existing risk functions such as ECL and ICAAP.

6. Actively contribute towards improving process efficiency and accuracy in PD estimation/ECL/ICAAP fields through implementation of programming solutions.

7. Maintain and update the ECL models on an ongoing basis by incorporating latest data and methodology

8. Prepare Monthly and Quarterly reporting (including regulatory) to internal and external stakeholders for ECL requirement

9. Actively engage with teams across Risk Management Group (RMG) for implementation of Climate Change related regulatory requirement

10. Other duties as assigned

If you require accommodation measures during any phase of the hiring process, please notify us as soon as possible. All information received in relation to accommodation requests will be kept confidential

Only shortlisted candidates will be contacted !

Job Type: Full-time

Work Location: In person