CRISIL is inviting applications for the post of Quant Intern for the year 2021. Here is everything that you need to know about this CRISIL Internship!
About CRISIL Limited
CRISIL is an Indian analytical firm that provides ratings, analysis, and risk and policy advisory services. It is a subsidiary of S&P Global, an American firm. CRISIL was India’s first credit rating agency, founded in 1988 by ICICI and UTI in collaboration with SBI, LIC, and United India Insurance Company. S&P, a credit rating firm headquartered in the United States, purchased the bulk of the company’s stock in April 2005. The corporation has sales of $20,763 million (US$290 million) and a net income of $3,547 million (US$50 million) as of December 2020.
Roles & Responsibilities
- Develop and improve systems and tools for credit risk management.
- Design, development and implementation of various types of tests to assess performance and stability of the corresponding pricing model.
- Examine the model’s assumptions and limits, as well as its conceptual correctness.
- Build and perform test cases for calibration, benchmarking, lifecycle events, back testing, stress/scenario/sensitivity analysis, boundary conditions, convergence.
- Document the model’s input/data, assumptions/limitations, methodology, development, and implementation procedures, as well as the testing objectives, findings, and conclusions.
Skills Required
- It is necessary to have knowledge of at least one of the following areas: stress testing, ALLL/CECL, and credit risk/rating technique.
- Skills of analyzing expected loss, including PD (probability of default), EAD (exposure at default) and LGD (loss given default).
- Ability to work with credit data and knowledge of SAS/R/Python.
How To Apply For This Internship?
To apply for the CRISIL internship, click here.
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