Manager

Ready to shape the future of work At Genpact we don t just adapt to change we drive it AI and digital innovation are redefining industries and we re leading the charge Genpact s our industry-first accelerator is an example of how we re scaling advanced technology solutions to help global enterprises work smarter grow faster and transform at scale From large-scale models to our breakthrough solutions tackle companies most complex challenges If you thrive in a fast-moving tech-driven environment love solving real-world problems and want to be part of a team that s shaping the future this is your moment Genpact NYSE G is an advanced technology services and solutions company that delivers lasting value for leading enterprises globally Through our deep business knowledge operational excellence and cutting-edge solutions - we help companies across industries get ahead and stay ahead Powered by curiosity courage and innovation our teams implement data technology and AI to create tomorrow today Get to know us at and on and Inviting applications for the role of Assistant Manager Manager Model Validation In this role you will be responsible for model development implementation documentation - for a BFS client in North America Responsibilities You will be working with the independent model validation function of a large banking client and will involve end-to-end validation of risk and regulatory models across business functions and development of challenger models as necessary Your activities will include but will not be limited to the following Independent model validation especially comprehensive model validation within 2nd line of defense using SR 11-7 or similar guidelines Exhaustive model validation will include conceptual assessment of model s use methodology assumptions limitations and on-going monitoring and control model s outcome analysis Development of benchmark models may be required Assessment of the model monitoring and implementation process Assessment of the model calibration techniques Prepare model validation report summarizing findings and provide recommendations Qualifications we seek in you Minimum Qualifications Skills Post-graduate degree diploma in any of Statistics Mathematics Economics Econometrics Physics from reputed institutes with courses in Financial Engineering or FRM CQF Level 1 Undergraduate degree in Engineering from reputed institutes with courses in Financial Engineering or FRM CQF Level 1 Relevant experience in Banking or Capital Markets with experience in market risk model validation Good understanding and experience in at least one of the regulatory risk modeling validation guidelines - SR 11-7 FRTB Stress Testing Basel III IMA CAR Chapter 9 etc Exposure to any treasury system such as Murex Calypso etc or market data providers such as Bloomberg and Reuters Knowledge of VaR Expected Shortfall or Counterparty Credit Risk modelling Knowledge of product valuation in any of Fixed Income or Derivatives Knowledge of stochastic models such as Black Scholes Hull White SABR etc will be added advantage Working knowledge of Excel Python R in this field Good communication presentation skills - written verbal Self-driven proactive can-do attitude Ability to work under ambiguity and with minimal supervision Preferred Qualifications Skills Strong networking negotiation and influencing skills Some understanding and experience in at least one of the regulatory risk modeling validation guidelines - SR 11-7 FRTB etc Why join Genpact Be a transformation leader - Work at the cutting edge of AI automation and digital innovation Make an impact - Drive change for global enterprises and solve business challenges that matter Accelerate your career - Get hands-on experience mentorship and continuous learning opportunities Work with the best - Join 140 000 bold thinkers and problem-solvers who push boundaries every day Thrive in a values-driven culture - Our courage curiosity and incisiveness - built on a foundation of integrity and inclusion - allow your ideas to fuel progress Come join the tech shapers and growth makers at Genpact and take your career in the only direction that matters Up Let s build tomorrow together 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 respect and integrity customer focus and innovation 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