Assistant Manager
India-Gurugram
Genpact
Artificial Intelligence. Real Outcomes. AI is changing big businesses, and so are we. Discover how cutting-edge AI drives unparalleled value.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 Business Analyst/Assistant Manager, Credit Risk Modeler, statistical modelling
This role involves overseeing the development, enhancement, and validation of credit risk models, ensuring compliance with regulatory standards, and driving innovation in risk management practices.
Responsibilities
You will be primarily working as a consultant for the centralized advanced analytics team of a banking or financial firm as Credit Risk Model Development/Validation and Researcher Specialist. The role will require interacting with various business units including their risk, finance, controllership stakeholders etc. You will also be responsible for coordinating with auditors and model development or validation teams to ensure the Enterprise Modeling Governance standards are followed; Your activities will include, but will not be limited to the following:
• Design, develop, and validate predictive models, ensuring accuracy, reliability, and compliance with regulatory standards. Conduct rigorous testing and validation methodologies to ensure model robustness and reliability.
• Provide analytical support for recommending actions to mitigate risk and use judgment-based decision-making regarding policies and procedures.
• Assess the quality of the data for model development as well as inputs to the model, providing recommendations to improve the data quality at the source.
• Propose recommendations to improve monitoring systems and capabilities based on identified risk and control gaps.
• Conducting in-depth research on existing and emerging policies related to credit risk modeling and contributing to the creation of whitepapers. Researching and contributing to artifact creation as required in a consulting role.
Qualifications we seek in you!
Minimum qualifications
• Experience in developing, validating models and risk management of credit risk models.
• Knowledge of various statistical techniques and knowledge in regulatory and non-regulatory credit risk modelling
• 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.
• 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.
• Detailed knowledge of data analysis / analytics / mining techniques
• Hands on expertise in SQL, ETL, SAS, Python, R working with large data sets.
• Master’s degree in a quantitative discipline (Statistics/Economics/Finance/Data Science etc.)
• Strong client management and communication/presentation skills – written & verbal.
• Self-driven, proactive, “can-do” attitude. Ability to work under ambiguity and with minimal supervision
• Strong project management experience and demonstrated expertise in communicating and coordinating across multiple business units.
• Strong project management orientation with ability to work under time-sensitive commitments.
Preferred Qualifications/ Skills
• Strong networking, negotiation and influencing skills.
• Understanding and experience on the regulatory risk model development/validation guidelines – SR 11-7, Basel IRB, CCAR, CECL, IFRS9 etc.
• Hands on experience in Machine Learning modeling techniques
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 ManagerPrimary Location
India-GurugramSchedule
Full-timeEducation Level
Master's / EquivalentJob Posting
Dec 9, 2024, 5:58:19 PMUnposting Date
Jun 7, 2025, 12:28:19 PMMaster Skills List OperationsJob Category Full Time* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰
Tags: Banking Consulting Credit risk Data analysis Data quality Economics ETL Finance Machine Learning ML models Python R Research SAS SQL Statistics Testing
More jobs like this
Explore more career opportunities
Find even more open roles below ordered by popularity of job title or skills/products/technologies used.