Model Development and Validation Manager
EXL SERVICES
Model Development and Validation Manager
EXL SERVICES
Gurgaon/Gurugram
Not disclosed
Job Details
Job Description
Manager
EXL (NASDAQ:EXLS) is a leading operations management and analytics company that helps businesses enhance growth and profitability in the face of relentless competition and continuous disruption. Using our proprietary, award-winning methodologies, that integrate advanced analytics, data management, digital, BPO, consulting, industry best practices and technology platforms, we look deeper to help companies improve global operations, enhance data-driven insights, increase customer satisfaction, and manage risk and compliance. EXL serves the insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics industries. Headquartered in New York, New York, EXL has more than 31,000 professionals in locations throughout the United States, Europe, Asia (primarily India and Philippines), Latin America, Australia and South Africa.
EXL Analytics provides data-driven, action-oriented solutions to business problems through statistical data mining, cutting edge analytics techniques and a consultative approach. Leveraging proprietary methodology and best-of-breed technology, EXL Analytics takes an industry-specific approach to transform our clients’ decision making and embed analytics more deeply into their business processes. Our global footprint of nearly 3,000 data scientists and analysts assist client organizations with complex risk minimization methods, advanced marketing, pricing and CRM strategies, internal cost analysis, and cost and resource optimization within the organization. EXL Analytics serves the insurance, healthcare, banking, capital markets, utilities, retail and e-commerce, travel, transportation and logistics industries.
Please visit www.exlservice.com for more information about EXL Analytics.
Location: Gurgaon
Role Overview:
We at EXL Analytics are looking for candidates with experience in Model development and validation. This role involves developing, validating, and implementing quantitative models to support decision making processes across various business units. The ideal candidate will have a strong background in statistical modeling, data analysis, and risk assessment.
Key Responsibilities:
1. Model development - Develop and implement statistical models for risk assessment and performance evaluation. End-to-end model development including segmentation, model design, variable reduction technique, model selection and model performance.
2. Model Validation - Conduct thorough validation of existing models to ensure accuracy, reliability, and compliance with regulatory standards.
3. Model Risk Management/Model Governance - Model Risk policy & governance; regulatory interpretation and compliance; regulatory submissions. Credit risk; capital models; model life-cycle management, financial crime risk; economic research.
Skills:
- Bachelor's degree in Statistics, Mathematics, Economics, Data Science, or a related field; master's preferred.
- Proven experience in model development or validation in the Banking sector for retail risk space. (scorecard model development/validation experience preferred)
- Mandatory hands-on in SQL, with experience in SAS, Python
- Familiarity with machine learning techniques and statistical analysis tools
- Excellent analytical, problem-solving, and communication skills
- Ability to work collaboratively in a team-oriented environment
What we offer:
- EXL Analytics offers an exciting, fast paced and innovative environment, which brings together a group of sharp and entrepreneurial professionals who are eager to influence business decisions. From your very first day, you get an opportunity to work closely with highly experienced, world class analytics consultants.
- Potential to permanently move to on- shore location if you are successful in your role and receive tremendous positive client feedback.
- You can expect to learn many aspects of businesses that our clients engage in. You will also learn effective teamwork and time-management skills - key aspects for personal and professional growth.
- Analytics requires different skill sets at different levels within the organization. At EXL Analytics, we invest heavily in training you in all aspects of analytics as well as in leading analytical tools and techniques.
- We provide guidance/ coaching to every employee through our mentoring program wherein every junior level employee is assigned a senior level professional as advisors.
- Sky is the limit for our team members. The unique experiences gathered at EXL Analytics sets the stage for further growth and development in our company and beyond.
Job role
Work location
Gurgaon
Department
Banking / Insurance / Financial Services
Role / Category
Investment Banking, Private Equity & VC
Employment type
Full Time
Shift
Day Shift
Job requirements
Experience
Min. 5 years
About company
Name
EXL SERVICES
Job posted by EXL SERVICES
This job has expired