Cast a wider net, increase trustworthy credentials
乐鱼（Leyu）体育官网 helped a major commercial bank pioneer a scalable talent-resourcing approach to expand its quantitative modeling team.
Client
A major U.S. commercial bank
Sector
Financial services
Project
Quantitative modeling global talent resource approach
Client challenge
For some leading companies, professional credentials are table stakes in their race for the best talent. The Risk organization of a major U.S. bank wanted to expand its quantitative modeling team, and new thinking was required. The exponential increase in the quantity, accessibility, and use of data had brought with it enormous competition for professionals in data-intensive roles. Drawing upon a culture of innovation, the bank鈥檚 Risk team sought to expand its talent search globally. They set out exceptionally high standards, meaning 鈥渉ard skills鈥� were just the recruiting baseline; the Risk organization also wanted 鈥渟oft skills鈥� that would engender daily coordination between teams, based on that elusive something called collegial 鈥渢rust.鈥�
乐鱼（Leyu）体育官网 proposed a mix of onshore and offshore talent to support our client鈥檚 quantitative modeling team provided by its 乐鱼（Leyu）体育官网 Global Services (KGS) subsidiary and 乐鱼（Leyu）体育官网 U.S.-based managers. Today, the bank鈥檚 Risk group is supported on mission-critical functions such as model validation and development. With the help of 乐鱼（Leyu）体育官网, this bank has pioneered a scalable talent-resourcing approach that positions it for continued competitive advantage.
We helped this client envision and implement a purpose-built approach that leverages continuous investment in leading business processes, agile technology, and specialized talent.
Approach
乐鱼（Leyu）体育官网 helped design and implement a talent resourcing approach, delivered though KGS, which combines advanced human capital management with data security protocols.
1
Designed a hybrid offshore/onshore talent model that offers the bank access to both India-based professionals and U.S.-based senior managers.
2
Secured all required approvals from the bank鈥檚 own U.S. procurement and third-party risk management professionals.
3
Established a secured clean room to manage the transfer and handling of mission-critical data between onshore and offshore teams, leveraging offshore clean-room experience with other large U.S. and global banks.
4
Established talent acquisition criteria for both 鈥渉ard skills鈥濃攄egrees earned, risk modeling competencies demonstrated, and domain knowledge mastered鈥攁nd 鈥渟oft skills鈥� such as agility, collaboration style, and cultural fit.
5
Used the 25-year footprint and reputation of KGS in India (e.g., multiyear ranking in 鈥淟inkedIn Top Companies: Where India Wants to Work Now鈥�) to access specialized talent pools; co-screened an average of 20 applicants per available position to build the team.
6
To support KGS team retention, designed roles with clear career paths and professional development opportunities.
Benefits to client
乐鱼（Leyu）体育官网 has successfully pioneered a talent resourcing approach that supports our client鈥檚 current and projected needs, establishing board-endorsed precedents for potential adoption by other areas of the bank. Specific benefits include:
1
Talent recruitment and retention strategies implemented to expand the quantitative modeling team with high-caliber onshore and offshore talent.
2
Offshore clean room operations established to secure bank data, compliant with the bank鈥檚 U.S. procurement and third-party risk management requirements.
3
Enabled access to 乐鱼（Leyu）体育官网 financial services and risk specialists for areas such as AML, Dodd-Frank, CECL, and LIBOR.
4
Surge capacity in place, to respond to both seasonal demand as well as unplanned events such as Federal Reserve requests for additional stress testing in light of COVID-19.
乐鱼（Leyu）体育官网 insights
-
Industry leaders value 鈥渘ext generation鈥� global resource strategies
As the bank鈥檚 Risk organization considered global talent-resourcing options, it aimed to go beyond pure cost considerations. 乐鱼（Leyu）体育官网 helped envision and implement a purpose-built approach that leverages continuous investment in leading business processes, agile technology, and specialized talent, so the bank achieved day-one business impact.
-
For mission-critical functions in leading organizations, behavior and culture matter
乐鱼（Leyu）体育官网 and our client forged an understanding of the sometimes subtle operational dimensions of the bank鈥檚 own behavior and culture, and worked to mirror them in the KGS team.
-
Domain knowledge counts
乐鱼（Leyu）体育官网 provides granular experience in every stage of the quantitative modeling development cycle, including validation, ongoing monitoring, and documentation. 乐鱼（Leyu）体育官网 offers extensive experience with and relevant domain knowledge in regulatory matters such as AML, Dodd-Frank, CECL, and LIBOR.
-
In data-intensive sectors, established data-security experience is critical
The handling of proprietary data and modeling insights were top priorities for the bank鈥檚 Risk organization in designing and implementing a global solution. 乐鱼（Leyu）体育官网 leveraged the KGS team鈥檚 experience in building mature offshore clean rooms for other large U.S. and global banks to meet this client鈥檚 security requirements.
Meet our team
Anthony Sepci
Partner, Advisory, Modeling and Valuation, 乐鱼（Leyu）体育官网 US
Sanjeev Mankotia
Managing Director, Risk Analytics, 乐鱼（Leyu）体育官网 US
Anthony Sepci
Partner, Advisory, Modeling and Valuation, 乐鱼（Leyu）体育官网 US
Sanjeev Mankotia
Managing Director, Risk Analytics, 乐鱼（Leyu）体育官网 US