Group Manager - Risk Analytics - Financial Services

Position : Group Manager

Department : Financial Services (Quants)

Education and experience :

- Masters/Bachelors in Financial Engineering, Statistics, Mathematics with emphasis on Stochastic Calculus

- Strong SAS/R/ Python/C++ coding experience

Job description :

- Support the business and clients in financial model development and validation using SAS/R/Python/C++.

- Identify/quantify model risk associated with the model being validated.

- Strong exposure to domains like counterparty/ dynamic initial margin, Asset pricing or VAR model validation.

- Maintain a sub-portfolio of model inventory and perform annual model reviews, on-going monitoring reviews, Required Actions Items closure and etc.

- Work closely with the model stakeholders with respect to compensating controls of the models and communication of validation outcomes

- Running performance/stability/stress tests (including stress-expansion scenarios); documenting test results, flagging tolerance breaches

- Contributing to the existing test framework including coding for common model testing utilities.

- Collaboration with the client teams in finance, risk management, valuation and control and model sponsors.

- Building models from scratch for new or existing back-testing in SAS/R/Python/C++

- Collaboration/interaction with Evalueserve team members (onshore & offshore) sitting in different locations and different time zones while working on various projects.

- Strong team management experience is required.

Skill Set Required :

- 7+ years of experience in quants teams in model implementation, testing, validation, development

- Very strong quantitative, analytical and problem solving skills

- Advanced R/Python/SAS/C++ experience is required.

- Familiarity with market data providers like Bloomberg and Reuters is required

- Keen interest in quantitative finance, understanding of global economy and fundamental factors affecting valuation of various asset classes including equity derivatives, rates, Commodities etc.

- Good written and spoken English language skills

- Managing/Collaborating with team members sitting in different locations

- Should be comfortable in interacting with international clients

- Ability to identify and solve issues effectively on time, eye for details

- Good interpersonal skills

About Client :

Client is a global professional services provider offering services in equity research, investment banking, credit/market risk analytics, quants and fixed income research, middle-office support, index research, and other roadshow and product support services. Our clients include bulge bracket investment banks, mid-sized banks in retail and wealth management services, consulting and advisory firms, and Fortune 500 corporations. Client employ about 3,300 full-time professionals globally who work with clients across a wide range of industries, business functions, and verticals by leveraging the company's global delivery platforms in Chile, China, India, Romania, and the US.