Pursue a pivotal career at the intersection of finance, risk, and technology by exploring AVP - Wholesale Credit Risk Product Developer jobs. This high-impact role is central to the stability and intelligence of modern banking, focusing on the design, development, and refinement of the analytical models and software systems that govern a bank's exposure to its corporate, institutional, and large business clients. Professionals in this field act as a crucial bridge, translating complex financial risk principles into robust, scalable, and regulatory-compliant technology products. An AVP - Wholesale Credit Risk Product Developer is fundamentally responsible for the entire lifecycle of credit risk solutions. Typical daily activities and responsibilities involve analyzing and defining business requirements for credit risk measurement, such as Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) models. They work closely with quantitative analysts (quants) to understand model methodologies and with technology teams to specify software development needs. A key part of the role is writing detailed business requirements documents and user stories, ensuring the final product aligns with the needs of risk managers and complies with internal policies and external regulations like Basel III/IV. Furthermore, they are deeply involved in User Acceptance Testing (UAT), troubleshooting issues, and managing the deployment and ongoing enhancement of these critical systems. To succeed in these jobs, candidates typically require a strong blend of analytical and technical skills. A solid understanding of wholesale banking products (loans, derivatives, trade finance) and fundamental credit risk concepts is paramount. Proficiency in SQL for data querying and experience with programming languages like Python or R is highly valued for data analysis and testing. Equally important are exceptional communication and project management skills, as the role demands constant interaction with diverse stakeholders, including quants, IT developers, and business users. Most positions require a bachelor’s or master’s degree in Finance, Economics, Computer Science, or a related field, along with several years of relevant experience in risk management, quantitative analysis, or financial software development. For those with a passion for solving complex problems and shaping the financial infrastructure that supports global markets, AVP - Wholesale Credit Risk Product Developer jobs offer a challenging and rewarding career path with significant opportunities for professional growth and impact.
