Position Specifications:

Corporate Title : Associate

Functional Title: Associate/Senior asscoiate

Experience: 2 - 5 years

Qualification: Bachelor / Masters in a quantitative discipline (Financial Engineering, Mathematics, Statistics, Physics, Econometrics) with relevant experience

Role & Responsiblities:

Development of models both for Market Risk and Credit Risk.

- Liaise with Model validation group (MVG) for validation of the model.

- Periodic calibration of model parameters.

- To act as a subject matter expert for the risk models and provide support to the model users (i.e. Risk managers)

- Perform model backtesting and related analysis. Investigate the backtesting breaches and provide technical explanation for the same.

- Work on the prospective regulation i.e. FRTB. Perform firm-wide plus desk level analysis to assess the impact of new regulation.

Mind Set:

Mandatory Desired

Domain

- Practical understanding of Market Risk/Credit Risk concepts like VaR, ESF etc., Financial Products (including Derivatives).

- Good knowledge of Python, SQL, VBA

- Good understanding of mathematical concepts like probability, statistics, calculus, linear algebra

Desired:

- Good written communication in English

Competencies :

Culture & Conduct:

- Building  Culture

- Diversity & Inclusion Professional

- Integrity Self-Awareness

Behavioral Indicators:

- Contributes to desired culture

- Sets positive example

- Aware of different values/styles

- Holds high standards of behaviour

- Aware of own strengths/weaknesses

Client-Centricity & Business Acumen:

- Commerciality Client-Centricity

- Analytical Thinking & Problem Solving

Behavioral Indicators:

- Understands current market

- Anticipates client needs

- Pays attention to detail

- Sees problems, recommends solutions

Strategy & Innovation:

- Strategic Thinking & Change

- Decision Making & Judgment

- Agility

Behavioral Indicators:

- Balances alternative views

- Knows when to decide/when to escalate

- Champions new ideas

- Is both disciplined and entrepreneurial

- Sees when to escalate

Leadership & Collaboration:

- Managing Talent

- Recognizing and Motivating Supporting,

- Developing & Collaborating with others

- Managing Conflict

Behavioral Indicators:

- Thinks differently

- Balances alternative views

- Knows when/how to compromise

- Learns from experience

- Seeks to develop

Communication & Connectivity:

- Articulation & Receptiveness Impact Connectivity

Behavioral Indicators:

- Assists in recruiting

- Gives credit

- Builds productive working relationships

- Provides constructive, timely and specific feedback

Communication & Influence:

- Articulation and Receptiveness

- Impact Connectivity

Behavioral Indicators:

- Adjusts style to suit topic

- Balances listening/talking

- Communicates with clarity and consideration

- Is a proven and credible resource

- Questions to understand others views

- Builds internal contact network

- Willingly effectively works across teams

Execution & Delivery;

- Driving Performance

- Execution-Focus

- Planning & Organizing Adaptability

Behavioral Indicators:

- Demonstrates accountability/commitment

- Takes on challenging assignments

- Executes priority actions on-time

- Keeps stakeholders updated

- Manages expectations

- Persists when confronted with resistance

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