A leading shared Services company is looking to hire an Executive Director for Model Risk Governance (MRG) Derivative Pricing. Model validation includes an evaluation of conceptual soundness; a critical assessment of the testing performed by model developers to support the integrity and accuracy of the model implementation and its fit-for-purpose; designing and conducting experiments to evaluate the model's predictive power and its robustness to a range of market environments, and to identify significant sources of bias or uncertainty through the development and use of alternative benchmark models. The core responsibilities include - Carrying out a portfolio of model reviews (e.g. pricing engines, products, reserve methodologies) in a trading asset class / product area - Overseeing a team - To communicate review needs and findings to FO quants, traders, Risk and Valuation Control Groups. - The ideal candidate should be excellent in probability theroy, stochastic processes, numerical analysis, option pricing theory ( i.e. quantitative models for pricing and hedging derivatives). Should have very strong analytical and problem solving abilities - Experience in model development or validation of derivatives pricing models with excellent communication skills (written and verbal)

Mumbai

Executive Director - Derivative Pricing Models - Shared Services 

Executive Director - Derivative Pricing Models - Shared Services  ,Job Description for Executive Director - Derivative Pricing Models - Shared Services  in FIA Consultancy Services in  Mumbai for (10-20) years of experience. Apply Now!

Job Description for Executive Director - Derivative Pricing Models - Shared Services  in FIA Consultancy Services in  Mumbai for (10-20) years of experience. Apply Now!