Assistant Manager - Trading & Hedges - Investment Bank

We have a urgent opening in a Leading MNC Investment Bank.

Designation:- Assistant Manager

Location :- Mumbai

EXP:- 4-6 Years

Job Description-

Validate derivative pricing models for Trading and Hedges.

- This position requires strong derivative pricing skills.

- Validation work will involve reviewing model assumptions, verifying the mathematical formulation, independently implementing the business/desk model when needed, developing benchmark models to conduct effective challenge, and assessing and quantifying model limitations to inform stakeholders of model risk to determine compensating controls.

Job Responsibilities:

- Manage model risk across the model life cycle including model validation, ongoing performance evaluation, and annual model reviews.

- Present model validation findings to senior validators and various model risk management stakeholders.

- Provide effective challenge to model assumptions, mathematical formulation, and implementation.

- Assess and quantify model risk due to model limitations to inform stakeholders of their risk profile and development of compensating controls.

- Contribute to strategic, cross-functional initiatives within MRM organization.

Qualifications

- Minimum of a Master's degree in a quantitative field (physics, mathematics, computer science, etc.)

- Experience in pricing models and derivative products

- Strong derivative pricing skills a must (stochastic calculus, numerical techniques, coding in C++/python)

- Strong communication skills with the ability to find practical solutions to challenging problems

- Team work and commitment a must

Nitesh Vishwakarma - Senior HR Executive
Mainstream Technologies India Pvt. Ltd.
Direct Line - 022-28766181