Principal/Partner/Director - Pricing Model Development - Capital Markets & Derivatives Domain

About the Role:

We are looking for senior quantitative professionals with deep expertise in Pricing Model Development within Capital Markets and Derivatives domains. The ideal candidate should possess strong knowledge of derivative pricing theory, stochastic calculus, counterparty exposure methodologies, and regulatory frameworks, along with extensive experience in front-office risk methodology and model development environments.

This role requires strong quantitative problem-solving skills, hands-on programming expertise, and the ability to work closely with trading, risk, validation, and regulatory teams in a fast-paced financial environment.

Key Responsibilities:

- Design, develop, enhance, and maintain pricing models for derivatives and structured financial products.

- Build quantitative models covering valuation, risk analytics, counterparty exposure, and market risk methodologies.

- Apply advanced mathematical and stochastic calculus techniques for derivatives pricing and risk analysis.

- Work closely with Front Office, Risk Management, Model Validation, and Regulatory teams on model implementation and governance.

- Support model testing, benchmarking, validation, and performance optimization activities.

- Develop robust analytical frameworks for pricing and exposure calculations across asset classes.

- Ensure compliance with regulatory requirements and model governance standards.

- Prepare detailed technical documentation, scientific write-ups, and model testing reports.

- Participate in code reviews, unit testing, and version control management using Git.

- Collaborate with technology teams for model integration into enterprise risk and trading systems.

- Support strategic initiatives related to quantitative research, model enhancements, and regulatory changes.

Required Skills & Qualifications:

10-15 years of experience in:

- Pricing Model Development

- Quantitative Analytics

- Risk Methodology

- Model Validation/Development

Strong understanding of:

- Derivatives Products

- Derivatives Pricing Theory

- Stochastic Calculus

- Counterparty Exposure Concepts

- Regulatory Frameworks in Capital Markets

Extensive experience working within:

- Front Office Quant Teams

- Risk Methodology Teams

- Model Validation Functions

Strong programming expertise in:

- Python

- MS Excel / VBA

Hands-on experience with:

- Git/version control systems

- Unit testing frameworks

- Strong analytical and quantitative problem-solving capabilities.

- Excellent scientific writing and technical documentation skills.

- Strong verbal and stakeholder communication abilities.