17/05 Karan Madhok
Manager - Risk/Digital & Analytics Practice at Michael Page India

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Associate - Quant Programming - Investment Bank - IIT/IIM/ISI (4-8 yrs)

Mumbai Job Code: 452130

About Our Client:

Our client is one of the largest Global Banks with demonstrated strengths in the Investment Banking domain. They are looking at expanding their business in India by creating new team from scratch. They are looking for seasoned professionals having solid exposure in the quant modeling domain for their new team that is being setup.

Job Description:

Reporting directly into the Risk Head, you would be part of the newly set-up Model Investigations team and would work in sync with the US team on assessing performance of quantitative models used throughout the firm, including pricing models, risk models, and empirical forecasting models used in major lines of business, including Corporate Investment Bank, Consumer Banking, and Corporate Risk. Team members have opportunities for exposure to a variety of projects and models used extensively within the bank. Some of your key responsibilities shall include:

- Design and implement Python applications within the firm's proprietary framework

- Write reusable, testable, and efficient code

- Quantify model performance with an in-depth analysis of various model characteristics and heavy-duty empirical data analysis to identify potential model weaknesses

- Investigate potential model issues and program scripts to facilitate model & associated data analysis

The Successful Applicant:

- You are a Bachelor's or Master's in Mathematics/ Computer Science/ Statistics / Economics or any other quantitative discipline from a Tier 1 institution (IIT's, IIM's, ISI)

- Expert in Python with at least 4 years of programming experience along with in-depth understanding of object-oriented programming concepts.

- Strong expertise on derivatives theory with very good understanding of Greeks (Delta, Gamma, Theta etc.) and other risk components

- Good knowledge in probability theory, statistics, econometrics, stochastic processes, and numerical analysis

- Good exposure in the derivatives domain along with solid understanding of Greeks (Delta, Gamma, Theta etc.) and other risk components

- Strong knowledge of quantitative models (multi-curve framework, interest rate models and volatility, commodities, credit derivatives, etc).

What's on Offer:

This role would offer you variation, stability and career progression in addition to a highly competitive compensation.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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