Genpact
Location
Gurgaon | India
Job description
With a startup spirit and 115,000+ curious and courageous minds, we have the expertise to go deep with the world&rsquos biggest brands&mdashand we have fun doing it. We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. We&rsquore harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people. Now, we&rsquore calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing. People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower. Welcome to the relentless pursuit of better.
We are inviting applications for the role of Assistant Manager, Model Validation
In this role, you will be responsible for model development, implementation & documentation - for a BFS client in the US
Responsibilities
You will be primarily working for the centralized advanced analytics team of banking firm and will require interacting and building models for various business units including their risk, accounting, customer analytics, re marketing stakeholders. You will also be responsible for coordinating with auditors and model validation teams to ensure acceptance and approval of models built. Your activities will include, but will not be limited to the following:
. End-to-end independent validation of credit risk and regulatory models - PD, LGD, EAD, Stress Testing, CECL, Credit Scorecards, AML models etc.
. Assess the models conceptually and quantitatively to ensure the model is suitable for the stated us
. Conduct necessary assessments to challenge the model effectively. Assess adequacy of model documentation
. Development of benchmark models using statistical/Machine Learning techniques
. Identify opportunities to enhance efficiency in model validation processes
. Assessment of the model monitoring and implementation process
. Prepare model validation report summarizing findings and provide recommendations
Qualifications we seek in you
Minimum qualifications
. Master&rsquos in Finance, Mathematics, Economics, Statistics, or equivalent experience
. Experience in BFS analytics, with proven experience in statistical modeling/independent validation of models (Regression, Time Series, Competing Risk, Survival Models, Markov TPM, scorecards etc.)
. Experience in retail and wholesale credit risk modeling
. Understanding of and experience in regulatory risk modeling/validation - SR 11-7, CECL, IFRS 9, CCAR, Basel IRB.
. Strong client management and communication/presentation skills - written & verbal
. Minimum of a Master of Science in Statistics/Economics/Finance
. Expertise in SAS & Python/R
Minimum qualifications
. Experience of managing strategic risk and regulatory projects independently
. Strong project management experience and demonstrated expertise of communicating and coordinating across multiple business units
. Self-driven, proactive, &ldquocan-do" attitude. Ability to work under ambiguity and with minimal supervision.
Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit Follow us on Twitter, Facebook, LinkedIn, and YouTube.
Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a %27starter kit,%27 paying to apply, or purchasing equipment or training.
Job tags
Salary
