An exciting opportunity for a Quant professional from an Engineering /Statistics/Quant Finance background (Tier 1/ Tier 2) who has hands on experience in aspects Quantitative finance (Econometrics, Stochastic modeling ) with knowledge of Mortgage-Backed Securities and statistical modeling.

You would be part of Model governance and model validation team of US-based investment bank where you would be involved in model validation & performing assessments of the soundness of model validation.

- If you are someone from a quantitative background with knowledge of probability theory, statistics, mathematical finance, econometrics with knowledge of Mortgage-Backed Securities and with experience in model validation and/or model development then this job is for you.

Location: Mumbai

Your Future Employer: A leading, global firm with a distinguished clientele providing extensive financial and asset management services.

You will be responsible for:

- Performing assessments of the conceptual soundness of model specification, the appropriateness of the methodology for its intended purpose, reasonableness of assumptions and reliability of inputs

- Assessing completeness of testing performed to support the correctness of the implementation

- Assisting with model identification process, assessing whether newly identified methodologies should be in scope of the model risk policy

- Working with model developers and model users across the firm to understand methodology and usage

- Liaising with other Model Governance groups in relevant coverage areas across the firm

A Successful Candidate:

- Masters in Quant finance /engineering / statistics/ mathematics from a Quantitative background with minimum 6+ yrs of experience in Econometrics, Model Validation/ Model development from a finance industry.

- Good understanding in modeling- valuation, risk, capital, forecasting, investment management with knowledge of knowledge of probability theory, statistics, mathematical finance, econometrics etc.

- Knowledge of Mortgage-Backed Securities and statistical modeling

- Strong quantitative, analytical, and problem solving skills

- Someone with Risk and control mindset with strong written and verbal communications and confidence to engage with senior stakeholders

- Proactive, independent and focused individual with excellent communication and interpersonal skills.

What is in store for you?

- A meritocratic culture with great career progression.

- Fast track career growth.

- Work in a dynamic environment for an established research and analytics brand and their Fortune 500 clients.