Business Analyst

Business Analyst-BFS040975

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/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. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook.

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

Business Analyst

Primary Location

India-Kolkata

Schedule

Full-time

Education Level

Bachelor's / Graduation / Equivalent

Job Posting

Dec 2, 2024, 10:04:10 AM

Unposting Date

Ongoing

Master Skills List Operations

Job Category Full Time