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Assistant Manager- Banking Financial and Capital Mkt-BFS022832

Category: Product ID: 4963

Description

About the job

With a startup spirit and 90,000+ curious and courageous minds, we have the expertise to go deep with the world’s biggest brands—and we have fun doing it. Now, we’re calling all you rule-breakers and risk-takers who see the world differently and are bold enough to reinvent it. Come, transform with us.


Transformation happens here. Come, be a part of our exciting journey!


Are you the one we are looking for?


Inviting applications for the role of Assistant Manager, Model Validation


You will be working with the independent model validation function of a client and will involve end-to-end validation of risk and regulatory models across business functions, and the development of challenger models as necessary. It will also involve interaction with various stakeholders including model development, model owners/lines of business, auditors, and client model validators. You will be expected to work hands-on to validate models, build and lead validation teams, and bring in thought leadership and domain/quantitative best practices to present an effective challenge to the models.


Responsibilities


  • End-to-end independent validation of credit risk and regulatory models – PD, LGD, EAD, Stress Testing – Loss and PPNR, IFRS 9/CECL. Scorecards, Expert Judgement Models, AML and Fraud Detection Models, etc. 
  • Assess the models conceptually and quantitatively to ensure the model is suitable for the stated use. 
  • Conduct necessary assessments to challenge the model effectively. Assess the adequacy of model documentation 
  • Development of benchmark models (ML/other techniques) 
  • Assessment of the model monitoring and implementation process 
  • Prepare model validation report summarizing findings and provide recommendations 
  • Handle projects and teams in model validation – provide thought leadership, technical guidance, and oversight for a team of risk modelers 
  • Assessment of model risk current state and gaps for clients, along with recommendations to address the gaps 
  • Participate in solution development, proposal build, and RFI/RFP responses for new deals 


Qualifications we seek in you! 


Minimum Qualifications


  • Master’s in Finance, Mathematics, Economics, Statistics, or equivalent experience 
  • Experience in BFS analytics, with experience in retail or wholesale credit risk 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 
  • Self-driven, proactive, “can-do” attitude. Ability to work under ambiguity and with minimal supervision. 
  • Project management experience and demonstrated expertise in communicating and coordinating across multiple business units 
  • Expertise in SAS is a must along with exposure to Python/R is preferrable 
  • Experience in managing projects and teams in risk modeling 


Preferred Qualifications


  • Excellent networking, negotiation and influencing skills 
  • Knowledge of cloud implementation of ML/legacy models using Model DevOps principles 


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 http://www.genpact.com . Follow us on Twitter , Facebook , LinkedIn , and YouTube .


Job


Assistant Manager


Primary Location


India-Bangalore


Schedule


Full-time


Education Level


Master’s / Equivalent


Job Posting


Oct 6, 2022, 7:52:39 PM


Unposting Date


Ongoing


Master Skills List


Operations


Job Category