Assistant Vice President

Job Description

*With a start-up 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. We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. We re harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people. Now, we re calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing. People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower. Welcome to the relentless pursuit of better. Inviting applications for the role of Assistant Vice President - Life ActuarialAnalytics Lead-Risk Management will be responsible for end-to-end model development and validation of risk models in one or more risk management domains including origination, behavior, loss forecasting, stress testing (CCAR), reserving, and allowances purposes (US GAAP/CECL). Responsibilitie s
• End-to-end model development and validation of risk models.
• Assess risk models conceptually and quantitatively on variable selection, model methodology, and related assumptions to ensure the model is suitable for its intended use.
• Conduct necessary assessments like back testing , statistical analysis, stability analysis, stress testing, and scenario forecasts to assess risk models.
• Document the model development or validation report for review and create and review the ongoing monitoring plan for continued use of the model.
• Lead a team of quantitative analysts who are qualified in the field of mathematics, econometrics, and finance and provide expert judgement and guidance related to their quantitative assignments for additional model insights.
• Lead client engagement by managing projects, providing technical guidance, and oversight.
Qualifications we seek in you Minimum qualifications
• The position requires a Master s degree in Mathematics , Finance, Data Science, Statistics, Engineering (all), Computer Science, Sciences, or a related field and experience in the job offered, a software engineering, programming, data scientist, risk management analyst, systems analyst position, or related occupation.
• As an alternative, a Bachelor s degree in Mathematics , Finance, Data Science, Statistics, Engineering (all), Computer Science, Sciences, or a related field and progressively responsible post- Bachelors experience in the job offered, a software engineering, programmer, data scientist, risk management analyst, systems analyst position, or related occupation is also acceptable. Foreign degree equivalents are acceptable.
• The position also requires experience in quantitative risk modeling roles for various model classes including Stress Testing/Allowance, and experience in handling large datasets using tools (such as SAS, R, Python, and SQL) to perform data cleaning, transformation, and analysis for modeling.
• Position headquartered in Danville, IL with travel required to unanticipated project sites throughout the U.S. based on client need.
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.,

Keyskills :
financeriskreportingbankingrisk managementcomputer scienceclient engagementmodel developmentstatistical analysissoftware engineering