Job Description

With a startup spirit and 90,000+ 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. Welcome to the relentless pursuit of better. Inviting applications for the role of BA, 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&rsquos 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, &ldquocan-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 . Follow us on , , , and .

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