Model Validation Quant Developer Analyst - IIM/ISB/FMS/MDI

Description:

Hiring: Model Validation Quant Developer - Analyst

Educational Requirements: Graduate/Postgraduate from Tier-1 / prestigious institutions, Degree in Computer Science, Engineering, Mathematics, or related quantitative fields

Location: Powai, Mumbai

Experience: 14 years

We are hiring a Model Validation Quant Developer (Associate) within its Risk Management division. This role offers a strong blend of development and model validation, with exposure to advanced risk models and automation frameworks.

Key Responsibilities:

- Develop and maintain libraries for automated analytical testing and reporting for model validation

- Support model validation activities for Market Risk models (e.g., FRTB)

- Build scalable solutions for model performance monitoring and reporting layers

- Collaborate with global teams on model risk analysis and validation frameworks

Mandatory Skills:

- Strong programming expertise in Python (procedural & functional programming)

- Experience with Python ecosystem: NumPy, SciPy, Pandas, Matplotlib, scikit-learn, PyTorch, SQLAlchemy

- Working knowledge of SQL, Python Flask, and Java

- Strong unit testing, debugging, and code optimization skills

- Experience managing Python environments and development stacks

- Solid understanding of data structures, algorithms, and software development practices

- Basic understanding of Market Risk / Counterparty Credit Risk models (e.g., VaR)

- Knowledge of financial instruments: derivatives, options, futures, bonds

- Strong foundation in calculus, linear algebra, and probability

- Excellent written communication skills

Preferred Skills:

- Exposure to AI coding tools / frameworks

- Experience with Power BI or reporting tools

- Advanced SQL proficiency

- Knowledge of Monte Carlo / numerical methods

- Familiarity with GitHub Copilot, VS Code, or C#

Educational Requirements: Graduate/Postgraduate from Tier-1 / prestigious institutions, Degree in Computer Science, Engineering, Mathematics, or related quantitative fields