Title: Vice President- Stress Risk Testing  Location: Bangalore/ Hyderabad/ NCR/ Kolkata  What is the focus of the function?   Risk Management is one of the key focus areas for Genpact. The position will be to focus on developing and enhancing Genpact’s delivery capabilities under the CCAR and DFAST capital stress testing initiatives.   Key responsibilities:   - Developing stress testing models across multiple risk domains, e.g., Credit risk, Market Risk, ALLL, etc., and for aggregate enterprise/bank level decisions   - Understand regulatory stress testing requirements in for risk domains (credit risk, market risk, etc.)   - Design stress testing approach frameworks for different types of models such as loss projection, revenue projection, expense projections etc. – in consultation with operations teams   - Able to provide both hands-on development assistance and remote development guidance  - Help with the development and/or diffusion of relevant software, expertise and domain knowledge  - Help with the development and/or diffusion of related modeling practices, to enable comparison and benchmarking across approaches, etc  - To work extensively with the Practice team, Clients, Operations team, business development/ sales.  What are the minimum prior qualifications to be an applicant for this role?   - MBA (Finance, Financial Engineering); Masters in Statistics, Economics, Finance or other quantitative discipline. Ph.D preferred  - Minimum of 5– 7 years' of experience with an analytics solutions or consulting company in the area of stress testing and model development  - Strong at statistical analysis/reporting frameworks using programming languages/packages like SQL, VBA, SAS, R.  Specific Competence (Essential)  - Hands-on experience and understanding of stress testing process, relevant regulatory requirements around stress testing, and impact of stress testing on banking decision making process etc.   - Working knowledge of the data and methodology used for prevalent stress testing models (e.g., PD/EAD/LGD based models for credit risk, Value-at-Risk models for market risk, ALM & behavioral models for interest rate risk) and their stress testing derivative’s such as Rating Transition Models, Roll Rates, Charge off models and other regression approaches  - Working knowledge on developing, documenting, and assisting in implementation of varied stress testing models  - Working experience of developing and/or validating risk computation models such as IRB compliant credit risk models, IMA compliant market risk models, AMA compliant operational risk models etc.   - Knowledge of domain, products and related software to help with the development and diffusion of the required knowledge and expertise  - Good communication, stakeholder, and project management skills to enable working with multiple teams if required  Specific Competence (Desirable)  - Background in creating and operating stress testing risk models & good understanding of requirements from a regulatory perspective   - Good knowledge of regulatory requirements, business background and alternative approaches related to stress testing model development  - Good knowledge of relevant regulatory rules and guidelines from one of the top markets (US, EMEA, APAC)

Delhi NCR

Bangalore

Hyderabad

Kolkata

Genpact - VP - Stress Risk Testing   

Genpact - VP - Stress Risk Testing    ,Job Description for Genpact - VP - Stress Risk Testing    in Genpact in  Delhi NCR Bangalore Hyderabad Kolkata for (5-7) years of experience. Apply Now!

Job Description for Genpact - VP - Stress Risk Testing    in Genpact in  Delhi NCR Bangalore Hyderabad Kolkata for (5-7) years of experience. Apply Now!