Genpact is a global leader in advanced technology services and AI-driven solutions, transforming industries by helping organizations leverage data, AI, and automation. With over 140,000 employees worldwide, Genpact empowers businesses to work smarter, grow faster, and innovate at scale.
The company’s AI Gigafactory demonstrates its commitment to delivering cutting-edge solutions to solve complex business challenges. Genpact offers employees a dynamic, tech-driven work environment where innovation, learning, and professional growth are central.
Job Overview
Criteria
Details
Job Title
Assistant Manager – Model Validation
Location
Kolkata, West Bengal, India
Job Type
Full-time
Experience
Relevant experience in banking or capital markets with market risk model validation
Education
Master’s degree / Equivalent; Undergraduate degree in Engineering from reputed institutes
Role Overview
This role is ideal for professionals with a strong statistical, mathematical, or financial engineering background, seeking to contribute to risk model validation for BFS clients in North America.
Key Responsibilities
Perform independent model validation within the 2nd line of defense using SR 11-7 or similar regulatory guidelines.
Conduct conceptual assessment of models’ methodology, assumptions, limitations, and outcomes.
Develop benchmark/challenger models as needed.
Assess model monitoring, implementation processes, and calibration techniques.
Prepare comprehensive model validation reports with findings and recommendations.
Collaborate with internal and client teams to ensure model integrity and compliance.
Eligibility Criteria & Skills
Criteria
Details
Education – Postgraduate
Degree/diploma in Statistics, Mathematics, Economics, Econometrics, or Physics with courses in Financial Engineering, FRM, or CQF Level 1
Education – Undergraduate
Engineering degree from reputed institutes
Experience
Experience in market risk model validation and knowledge of regulatory guidelines (SR 11-7, FRTB, Stress Testing, Basel III IMA, CAR: Chapter 9)
Technical Exposure
Exposure to treasury systems (Murex, Calypso) or market data providers (Bloomberg, Reuters)
Modeling & Analytics
Knowledge of VaR, Expected Shortfall, Counterparty Credit Risk modeling, and product valuation in Fixed Income or Derivatives
Technical Skills
Proficiency in Python/R, Excel, and statistical analysis
Soft Skills
Good communication, presentation, and problem-solving skills
Work Ethic
Self-driven, proactive, and able to work under minimal supervision
Salary Range
Component
Details
Salary Range
₹10–14 LPA (approx., depending on experience and skills)
Additional Benefits
Includes benefits, learning opportunities, and career growth support
Benefits of Joining Genpact
Benefit
Details
🌐 Global Exposure
Work on projects impacting BFS clients in North America
📈 Career Growth
Mentorship, structured learning, and professional development
💡 Innovation Culture
Work at the cutting edge of AI, automation, and financial risk analytics
🏢 Collaborative Environment
Join 140,000+ professionals shaping the future of work
🛡️ Values-driven Culture
Integrity, inclusion, curiosity, and innovation
Why Apply?
Want to lead model validation initiatives in banking and financial services.
Desire exposure to regulatory guidelines, risk models, and capital market analytics.
Are looking for a dynamic, tech-driven environment with AI and automation projects.
Seek career advancement in a global, innovation-led organization.
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