Manager
Genpact
5 - 10 years
Gurugram
Posted: 9/3/2024
Job Description
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:
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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
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Data and quantitative analysis to support modelling decisions and ensure the correctness of the market data sourced from several vendors.
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Work on the development of model methodologies, algorithms, and diagnostic tools for testing model robustness, sensitivity, and stability.
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Detailing of model techniques and interpretation of variables used in the models to be documented and presented to client stakeholders.
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Develop model performance metrics and a detailed model monitoring plan to ensure continued use of these behavioural models
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Development of benchmark models may be required
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Help develop thorough technical documents for distribution and presentation to senior management, model developers, auditors, and regulators.
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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!
About Company
Genpact is a global professional services firm delivering digital transformation by putting digital and data to work to create competitive advantage.
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