Responsibilities:  The Model Validation Group works closely with both the front office quantitative research teams and product control and the role consequently offers significant exposure to Pricing and Risk management models/ methodologies for a particular asset classes / product group.  Review models (pricing models and / or risk models): Ensure that the model meets its stated objective. This would include reviewing the theoretical assumptions and the implementation of the model - for instance, setting up independent benchmarking tools for testing of various scenarios & boundary conditions of complex models.  In particular, depending on the asset class we are looking for candidates with knowledge / experience in one or more of the following areas:  - Libor Market Model, HJM, Models of the short-rate...  - Pricing of Exotic Payoffs (e.g. Barriers, Lookback, Asians etc.), Stochastic Volatility Models for pricing Equity Derivatives (Heston, Bates etc.)  - Pricing of Credit derivatives (CDO, Credit Index Options etc), CVA calculation  - Pricing of plain vanilla and exotic FX derivatives (Barriers, Quantos etc.)  - Value at Risk, Counterparty Risk Exposure models  Understanding of stochastic calculus, numerical techniques for derivatives pricing (Monte Carlo / Finite Difference) and strong experience in C++ programming.  Educational Pedigree : Masters in Financial Engineering / Ph.D.

Mumbai

Quant Developer/Model Validation 

Quant Developer/Model Validation  ,Job Description for Quant Developer/Model Validation  in IKYA Human Capital Solutions Pvt. Ltd. in  Mumbai for (2-9) years of experience. Apply Now!

Job Description for Quant Developer/Model Validation  in IKYA Human Capital Solutions Pvt. Ltd. in  Mumbai for (2-9) years of experience. Apply Now!