Management Trainee - Model Validation
- Genpact India
- 1 to 2 Yrs
- Kolkata
- 5 years ago
- Email to a friend
- Report this job
Job Description
*With a startup spirit and 90,000+ curious and courageous minds, we have the expertise to go deep with the world s biggest brands and we have fun doing it. Now, we re calling all you rule-breakers and risk-takers who see the world differently and are bold enough to reinvent it. Come, transform with us.
Are you the one we are looking for
We are inviting applications for the role of MT, Model Validation
In this role, you will be responsible for model development, implementation & documentation - for a BFS client in the US.
Responsibilities
You will be primarily working for the centralized advanced analytics team of banking firm and will require interacting and building models for various business units including their risk, accounting, customer analytics, re marketing stakeholders. You will also be responsible for coordinating with auditors and model validation teams to ensure acceptance and approval of models built. Your activities will include, but will not be limited to the following:
- End-to-end independent validation of credit risk and regulatory models PD, LGD, EAD, Stress Testing, CECL, Credit Scorecards, AML models etc.
- Assess the models conceptually and quantitatively to ensure the model is suitable for the stated us
- Conduct necessary assessments to challenge the model effectively. Assess adequacy of model documentation
- Development of benchmark models using statistical/Machine Learning techniques
- Identify opportunities to enhance efficiency in model validation processes
- Assessment of the model monitoring and implementation process
- Prepare model validation report summarizing findings and provide recommendations
Qualifications we seek in you
Minimum qualifications
- Master s in Finance, Mathematics, Economics, Statistics, or equivalent experience
- Experience in BFS analytics, with proven experience in statistical 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 communication/presentation skills written & verbal
- Self-driven, proactive, can-do attitude. Ability to work under ambiguity and with minimal supervision.
- Strong project management experience and demonstrated expertise of communicating and coordinating across multiple business units
- Expertise in SAS & Python/R
- Experience of managing projects independently
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 www.genpact.com. Follow us on Twitter, Facebook, LinkedIn, and YouTube.
,Employement Category:
Employement Type: InternshipIndustry: IT - SoftwareRole Category: General / Other SoftwareFunctional Area: Not ApplicableRole/Responsibilies: Management Trainee - Model ValidationContact Details:
Company: Genpact IndiaLocation(s): Kolkata
Similar positions
Genpact India
Genpact (NYSE: G) is a global professional services firm focused on delivering digital transformation for our clients, putting digital and data to work to create competitive advantage. We do this by integrating lean principles, design thinking, analytics and digital technologies with our domain and ...
Job Listings
We are in open beta version of website, please let us know if any issues, at: info(at)indigojobs.in