Senior Manager - Credit Risk Modeling and Validation

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 AI Gigafactory, 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 agentic AI, 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 genpact.com and on LinkedIn, X, YouTube, and Facebook. 
Inviting applications for the role of Senior Manager, Credit Risk Modeler (Development/Validation) & Researcher Specialist

This position requires a seasoned professional as a Senior Manager with specialized knowledge of credit risk management.  This role involves overseeing the development, enhancement, and validation of credit risk models, ensuring compliance with regulatory standards, and driving innovation in risk management practices.
Responsibilities
You will be primarily working as a consultant for the centralized advanced analytics team of a banking or financial firm as Credit Risk Model Development/Validation and Researcher Specialist. The role will require interacting with various business units including their risk, finance, controllership stakeholders etc. You will also be responsible for coordinating with auditors and model development or validation teams to ensure the Enterprise Modeling Governance standards are followed; Your activities will include, but will not be limited to the following:

•    Provide thought leadership, develop, and execute comprehensive modeling strategies aligned with business objectives and industry best practices.
•    Design, develop, and validate predictive models, ensuring accuracy, reliability, and compliance with regulatory standard. Conduct rigorous testing and validation methodologies to ensure model robustness and reliability.
•    Provide analytical support for recommending actions to mitigate risk and use judgment-based decision-making regarding policies and procedures.
•    Assess the quality of the data for model development as well as inputs to the model, providing recommendations to improve the data quality at the source.
•    Lead, train, and mentor junior members in the team, providing guidance, support, and fostering a collaborative and innovative team culture.
•    Propose 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 credit risk modeling and contributing to the creation of whitepapers. Researching and contributing to artifacts creation as required in a consulting role.
Qualifications we seek in you!
Minimum Qualifications
•    Relevant experience in developing, validating models and risk management of credit risk models.
•    Knowledge of various statistical techniques and proven skill in regulatory and non-regulatory credit risk modelling
•    Understanding and experience on the regulatory risk model development/validation guidelines – SR 11-7, Basel IRB, CCAR, CECL, IFRS9 APRA regulatory standards etc. 
•    End-to-end development or independent validation of credit risk and regulatory models including but not limited to – PD, LGD, EAD, Stress Testing, CECL, Credit Scorecards, AML and counter fraud models etc.
•    Develop statistical/mathematical and machine learning based models, rule fine tuning/optimization, testing, reviewing, and performing validation activities and prepare end to end model documentation. 
•    Detailed knowledge of data analysis / analytics / mining techniques
•    Hands on expertise in SQL, ETL, SAS, Python, R working with large data sets.
•    Master’s degree in a quantitative discipline (Statistics/Economics/Finance/Data Science etc.)
•    Strong client management and 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. 
•    Strong project management orientation with ability to work under time-sensitive commitments.
•    Lead projects and teams - provide thought leadership, technical guidance, training, and oversight.

Preferred Qualifications/ Skills
•    Strong networking, negotiation and influencing skills.
•    Knowledge of credit risk management for retail and wholesale lending products
•    Hands on experience in Machine Learning modeling techniques
•    Prior Project Management and People Management expertise 

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.