Job Title : Analytics - Quantitative Manager Job Category : Risk Management / Data Analytics Department/Group: Global Risk Group - Principal Location: Kalina, Mumbai Job Description : ABOUT EDELWEISS : Edelweiss is a complete financial services firm, evolved over the years from a boutique investment bank. We have built a strong presence across verticals in the equity capital markets, financing, asset management and now retail business. The firm's culture promotes entrepreneurial and results-driven approach while teamwork and intellectual rigor are an integral part of one's performance. We encourage members to display higher levels of initiative, hunger for learning, be self driven and taking on additional responsibility. Edelweiss considers itself as a - young- organization and defines young as hungry for growth and driving that hunger through innovation and creativity- our core values.- The cornerstone of Edelweiss- risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Edelweiss- capital base and franchise. Risk Management protects the firm from exposure to losses resulting from defaults by our lending and trading counterparties. ABOUT THE TEAM : Global Risk Group (GRG) is a centralized risk group which oversees the risk at the organization level and is responsible for identification, quantification, monitoring and management of risk. Some of its activities are listed below : 1. Provide the overall leadership, vision and direction for risk management in Edelweiss 2. Establish an integrated risk management framework for all aspects of risks across the Organization 3. Develop risk management policies, including the quantification of our risk appetite through specific risk limits 4. Implement a set of risk metrics and reports including key risk exposures and early warning indicators 5. Develop the analytical, systems and data management capabilities to support the risk management 6. Oversight of risk at an organizational level and adequate communication with the top management We are looking to add highly motivated and dedicated individual to our Analytics CoE (Centre of Excellence) team of 8 analysts focused on analytics around Market Risk, Credit Risk and Business Risk across Edelweiss. In July 2018, GRG Analytics CoE won a prestigious award in category - Best Use of Technology in Risk- within Edelweiss at annual Risk & Compliance awards ceremony. Analytics CoE provides analytics support to various group businesses and functions. Typical deliverables include data analysis, providing analytics insights, model development, validation, calibration, strategy development, monitoring and reporting, information management and business intelligence. The deliverables form the basis for strategic planning by the senior management for businesses and enables effective decision making to satisfy business needs and requirements along with addressing unforeseen challenges. The Analytics CoE team is an arm of the Global Risk Group supporting the latter with its overall risk commitments to global businesses. ABOUT THE ROLE : The role would require the candidate to operate in both individual contributor and team manager capacities. Work is mainly focused on analytics around Market Risk, Credit Risk and Operational Risk across Edelweiss. The detailed description is provided below : 1. A subject matter expert in machine learning model life-cycle, statistics and analytics technology 2. Develop machine learning based models for market risk, counterparty risk, credit risk & price risk 3. Developing and validating Risk models for various asset classes 4. Need based projects for various enterprise related activities 5. Developing subject-matter-expertise in analysis of machine-learning, fixed-income products, derivatives, credit scorecard modeling and portfolio risk 6. Risk Analysis of proprietary trading positions before critical events impacting markets 7. Developing deep understanding of financial modelling theory and techniques for structured products 8. Regularly follow global markets to understand how industry changes affect modelling and analytics and help modelling teams to update those changes in existing models 9. Helping in improvement and documentation of analytical models 10. End to end modelling responsibility to check model's performance and implementation 11. Participate in brainstorming sessions and propose hypothesis, approaches, & techniques 12. Manage comprehensive risk reporting for proprietary trading desks - Master's or Ph.D. degree (or equivalent) in quantitative field - Should have strong previous work experience 5 to 10 years (at least 5 years) on developing machine learning models and model inventory maintenance (no bar on Industry) - In-depth knowledge of mathematics and technology involved in building data analytics models - Experience in people, stakeholder and client management - preferred - Ability to program in R, Python, or any analytics tool - Clear thinking, good business sense and judgement - Strong interpersonal skills - Excellent oral and written communication skills - Professional qualification would be preferred

Mumbai

Edelweiss Financial Services - Quantitative Manager - Risk Management/Data Analytics - Global Risk Group 

Job Description for Edelweiss Financial Services - Quantitative Manager - Risk Management/Data Analytics - Global Risk Group  in Edelweiss Finance in  Mumbai for (5-10) years of experience. Apply Now!