Genpact announced a partnership with Ivy Knowledge Services for an executive training program for working professionals to build talent in risk analytics.
The collaborative arrangement will facilitate the creation of a joint quantitative risk analytics program to develop industry-oriented knowledge and skills in the field of risk analytics with an accent on the banking and financial services sector. “With increasing regulations, there is a greater need for professionals to supplement domain understanding with strong analytical skills. This program offers a differentiated learning method and a fantastic platform for working professionals who already have domain knowledge and are keen on upskilling themselves with analytics,” said Manish Chopra, Senior Vice President and Business Leader, Risk Services, Genpact.
The rigorous three-month executive program will train industry professionals to provide real-time intelligent information and insights to customers, regulators, partners, and other groups in an increasingly digitally connected world. Besides improving employability of professionals in the face of changing work requirements, this program will also help generate a steady stream of professionals, including data scientists, in the field of financial risk analytics.
Imparted both through classrooms and online sessions, this program will be spread across 120 hours. The course content covers risk modeling fundamentals, BASEL, CCAR, credit risk models like loss forecasting, LGD and EAD, banking regulations and a host of case studies. “There is a severe dearth of candidates with the right skillsets. This course aims to create a pool of highly skilled risk analytics professionals with knowledge of cutting edge analytics tools used in credit risk analysis, among other types of financial risks,” said Prateek Agrawal, director of Ivy Professional School.
Serving as the knowledge partner in this collaboration, Genpact will work closely with Ivy Knowledge Services to create case studies, guest lectures and curriculum. In addition to the program, both partners intend to build a broader learning platform in the areas of risk management and analytics.