Senior Risk Modeling Specialist

17 hours ago


Kolkata, West Bengal, India Genpact Full time

Genpact is a leading global professional services firm that delivers innovative solutions to drive business outcomes. Our team of experts across 30+ countries is driven by our purpose to create lasting value for clients. We serve and transform leading enterprises, including Fortune Global 500 companies, with our deep industry knowledge, digital operations expertise, and cutting-edge data, technology, and AI capabilities.

We are seeking an experienced Senior Risk Modeling Specialist to join our Advanced Analytics team. In this role, you will be responsible for developing and validating behavioral models for banking and financial institutions. Your responsibilities will include staying up-to-date on modeling policies, crafting whitepapers, and preparing artifacts for model development and validation.

You will work as a consultant for the centralized advanced analytics team of a banking or financial firm, interacting with various business units, including risk, finance, and controllership stakeholders. You will also coordinate with auditors and model development or validation teams to ensure adherence to Enterprise Modeling Governance standards.

Your activities will include:

  • Providing analytical support for recommending actions to mitigate risk and using judgment-based decision-making regarding policies and procedures.
  • Assessing the quality of data for model development and providing recommendations to improve data quality at the source.
  • Developing machine learning-based models and/or statistical and mathematical models, rule fine-tuning/optimization, testing, reviewing, and performing validation activities, and preparing end-to-end model documentation.
  • Proposing 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 behavioral modeling and contributing to the creation of whitepapers.

We seek candidates with experience in developing and validating behavioral models, particularly in the area of financial crime like AML or Fraud models. Your hands-on experience with AI, ML, and Deep Learning techniques, as well as statistical modeling and data analysis skills, are essential for this role. Strong scripting and automation experience, along with SQL, ETL, SAS, Python, and R skills, are also required. A Master's degree in a quantitative discipline is preferred, and strong client management and communication/presentation skills are necessary.

This is a challenging role that requires self-driven individuals with a proactive attitude and ability to work under ambiguity and minimal supervision. You should have strong project management experience and demonstrated expertise in communicating and coordinating across multiple business units. An estimated salary range for this position is $120,000 - $180,000 per year, depending on location and experience.



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