Associate - Model Development - Derivative Pricing Models - Investment Bank

Opportunity for Associate Model Development - Derivative Pricing Models in a Investment Bank.

Location - Mumbai

Core responsibilities:

1. Carrying out a portfolio of model reviews (e.g. pricing engines, derivatives products, reserve methodologies) in a trading asset class / product area

2. Model Development/ Model Validation of Derivatives Pricing Models

3. Model pricing for Trading

4. Excellent in Mathematics, Statistics calculations, who do probability theory

5. Who challenge the Quant Models.

Qualifications:

1. Excellence in probability theory, stochastic processes, partial differential equations, numerical analysis, option pricing theory (i.e. quantitative models for pricing and hedging derivatives)

2. Very strong analytical and problem solving abilities

3. PhD or Masters in Maths/Statistics/ Finance

4. Experience in model development or validation of derivatives pricing models

5. Inquisitive nature, risk mindset, ability to ask pertinent questions and escalate issues

6. Excellent communication skills (written and verbal)

7. Team work oriented

8. Project management experience

Desirable Skills, Experience and Qualifications:

1. Extensive model development (e.g. model design, model implementation, desk support) experience at Financial Firm with top 10 ranking in Tier 1 hybrid/exotic derivatives products

2. Experience with Monte Carlo and numerical methods

3. C/C++ programming, Python, Visual Basic

If you find job opportunity is suitable for you then please revert with your updated resume along with below mentioned details:

Current CTC -
Expected CTC -
Notice period -
Direct reportees or IC role -

Priya S Jha
Senior Recruiter