Sr. Consultant [Credit Risk Management]

Cognizant

6 - 13 years

Chennai

Posted: 3/18/2025

Job Description

Job Description:

Consultant / Senior Consultant

Responsibilities:

  • Gather detailed, specific, accurate, unambiguous business requirements and
    functional specifications
  • Ensure Business analysis, Impact analysis, Gap analysis and System analysis are
    done to a high standard on defined projects and continuous improvement
    initiatives
  • Assist with production support activities, when necessary, to help identify and
    resolve escalated production issues
  • Play a key role in ensuring delivery from offshore center from vendor partners is
    on time and of high quality as per agreed SLAs.

Essential Competencies:

  • Strong knowledge of regulatory requirements (like BASEL III/ CRR/ BRRD/ LCR/FINREP/FRTB/ LGD/ etc.)
  • Understanding of financial instruments, risk measures etc.
  • Preferably have prior experience of working with global financial institution in Regulatory Reporting.
  • Demonstrated expertise of financial risk management in banks (in one or more areas - capital, liquidity, operational, credit and market risk, stress testing,
    internal risk models, data management and risk reporting).
  • Perform an analytical review to understand developments in the reports
  • Good to have knowledge of and experience with general ledgers and accounting rules engine or accounting standard like IFRS
  • Ownership of regulatory reporting standards related projects by preparing FRD's, guiding development, preparing test cases, SIT, UAT etc.
  • Proficient understanding on front to back systems (in Risk and Finance landscape), data, calculations and processes within an Investment Banking environment.
  • Knowledge of and experience with agile/scrum way of working
  • Ability to read/write base SQL/Oracle syntax and base understanding of databases (joins, tables,…)

Qualifications and relevant experience:

  • 6 - 13 years of experience in Regulatory Reporting or regulatory initiatives across banking and financial services.
  • Preferred Educational Qualification – All Engineering, MBA, CFA, CA etc.
  • Preferred professional certification like CAIIB, NCFM (Capital Market Modules), FRM (GARP), PRM (PRMIA), etc.
  • SDLC and IT BA experience is mandatory

Location: Pune/Chennai

Interested candidates please send your CVs to shyam.k@cognizant.com

About Company

Cognizant is a global leader in technology and consulting services, helping businesses transform their operations through digital solutions. Specializing in IT services, including software development, business process outsourcing, and consulting, Cognizant supports clients across industries such as healthcare, financial services, manufacturing, and retail. With a focus on innovation, Cognizant assists organizations in modernizing their technology, improving operational efficiency, and enhancing customer experiences. Headquartered in the U.S., it is consistently ranked among the most admired companies in the world and is a member of the NASDAQ-100.

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