Assistant Manager

Year    WB, IN, India

Job Description

•1• •Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI. Inviting applications for the role of Assistant Manager / Manager, Model Development In this role, you will be responsible for model development, implementation & documentation - for a BFS client in the US Responsibilities You will be working with the model development function of a large banking client and will focus on data validation, model methodology, calibration, implementation and monitoring of risk and regulatory models across business functions, and development of challenger models, as necessary. It will also involve interaction with various stakeholder groups including model validation, model owners/lines of business, auditors, and client model developers. You will be expected to work hands-on to assess models, build and lead development teams, and bring in thought leadership and domain/quantitative best practices to present an effective challenge to the models. Your activities will include, but will not be limited to the following: o Work hands-on in development, re-development, and calibration of risk and regulatory models for banking book including deposit runoff, average balance forecasting, prepayment models for assets portfolio o Data and quantitative analysis to support modelling decisions and ensure the correctness of the market data sourced from several vendors. o Work on the development of model methodologies, algorithms, and diagnostic tools for testing model robustness, sensitivity, and stability. o Detailing of model techniques and interpretation of variables used in the models to be documented and presented to client stakeholders. o Develop model performance metrics and a detailed model monitoring plan to ensure continued use of these behavioural models o Development of benchmark models may be required o Help develop thorough technical documents for distribution and presentation to senior management, model developers, auditors, and regulators. o Bringing in industry best practices and consultative inputs to help deliver continuous value to client engagements in advanced risk analytics. Qualifications we seek in you! 2 Minimum qualifications o Educational qualification: master's and bachelor's degrees in quantitative disciplines, like, mathematics, statistics, economics, computer science and engineering, etc.; MBAs must have bachelor's degree in above-mentioned disciplines o Relevant experience: o For Assistant Manager: relevant years' experience in Banking and Financial services, with experience in predictive modeling of regulatory and non-regulatory credit risk domain o For Manager: relevant years' experience in Banking and Financial services, with experience in predictive modeling of regulatory and non-regulatory credit risk domain o Hands-on experience in SAS is needed. It is good to have Python coding experience. o Experience in developing, validating models and risk management of credit risk models. o Knowledge of various statistical techniques and proven skill in regulatory and nonregulatory credit risk modelling o Understanding and experience of the regulatory risk model development/validation guidelines - SR 11-7, Basel IRB, CCAR, CECL, IFRS9 etc. o End-to-end development or independent validation of credit risk and regulatory models including but not limited to - PD, LGD, EAD, Stress Testing, CECL, Credit Scorecards, AML and counter fraud models etc. o Develop statistical/mathematical and machine learning based models, rule fine tuning/optimization, testing, reviewing, and performing validation activities and prepare end to end model documentation. o Detailed knowledge of data analysis / analytics / mining techniques o Hands on expertise in SQL, ETL, SAS, Python, R working with large data sets. o Excellent knowledge of various statistical techniques o Strong client management and communication/presentation skills - written & verbal. o Self-driven, proactive, "can-do" attitude. Ability to work under ambiguity and with minimal supervision. Preferred qualifications o Strong networking, negotiation and influencing skills. o Knowledge of credit risk management for retail and wholesale lending products o Hands on experience in Machine Learning modeling techniques 3 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 www.genpact.com . 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 'starter kit,' paying to apply, or purchasing equipment or training.• •Job Assistant Manager•

•Primary Location India-Kolkata•

•Schedule Full-time•

•Education Level Master's / Equivalent•

•Job Posting Jul 19, 2024, 4:06:34 AM•

•Unposting Date Ongoing•

•Master Skills List Operations•

•Job Category Full Time•

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Job Detail

  • Job Id
    JD3423681
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Contract
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    WB, IN, India
  • Education
    Not mentioned
  • Experience
    Year