Data Scientist - Bond Market

Job Description

Data Scientist - Bond Markets

About Company

mission is to improve access, transparency and efficiency in bond markets using technology.

- Addressing a $500 Bn market in India

- Solid team - worked at Goldman Sachs, Tata Capital, Paysense, and from premier institutes such as IITs and Purdue. Our advisors are current or retired MDs or CxOs of large financial institutions

Harmoney is backed by Y Combinator and industry veterans.

Description

The market data scientist will be responsible for designing and developing pricing models for bonds at Harmoney and for building intuitive tools around market data.

Most of the existing infrastructure at Harmoney is nascent and the financial data scientist will get an opportunity to build pricing models from scratch. This is going to be exciting and open ended as not many firms have built pricing models in the Indian context.

A few example projects would include building a yield curve for a corporation like HDFC, estimating fair price for thinly traded bonds.

Responsibilities

- Responsible for the data engineering and creation and iterative development of bond pricing models and fair valuation

- Build financial analytics from raw data for intuitive and easy consumption

The market data scientist will ideate, come up with pricing models and analytics and implement these for Harmoney. It will involve continuous development of first version models to improve their usability and work closely with the product team to build analytics that meet real world use cases.

Requirements

- Prior experience: ~2-4 years of experience in quantitative or financial engineering roles, preferably in global investment banks or hedge funds

- Positive references from prior work experience is a plus

- Minimum qualification: undergraduate degree from a premier institution

- Location: Mumbai

Compensation: Based on candidate experience with a mix of cash and ESOPs