Quant Analyst/Senior Quant Analyst - Regulatory Model Development - BFS

We are looking for Regulatory model development with one of our top financial Institution.

Exp: 2-7 yrs

Quant Analyst/ Sr Quant Analyst

Education: Master's degree required.

Job Location: Hyderabad

In this role, you will:

- Perform highly complex activities related to creation, implementation, and documentation

- Use highly complex statistical theory to quantify, analyze and manage markets

- Forecast losses and compute capital requirements providing insights, regarding a wide array of business initiatives.

- Utilize structured securities and provide expertise on theory and mathematics behind the data

- Manage market, credit, and operational risks to forecast losses and compute capital requirements.

- Participate in the discussion related to analytical strategies, modeling and forecasting methods.

- Identify structure to influence global assessments, inclusive of technical, audit and market perspectives.

- Collaborate and consult with regulators, auditors and individuals that are technically oriented and have excellent communication skills

Required Qualifications:

- Overall experience of 2-8 years in Risk Analytics

- Degree in applied mathematics, statistics, engineering, physics, accounting, finance, economics, econometrics, computer sciences, or business/social and behavioral sciences with a quantitative emphasis.

Strong Quantitative Skills:

- 3+ years of Predictive modeling experience. Good understanding of model development and model testing.

- Proficient in statistical analysis

- Good Problem Solving and Analytical Skills

- Programming Skills

- 2+ years of hands on experience in Python and SQL

- 1+ years of experience in SAS

- Good Written and Oral Communication Skills

Job Expectations:

- Development of regulatory Credit risk (including CCAR, CECL and IFRS), RRP Valuation, and PPNR models for Commercial portfolio in SAS/Python.

- Migration of existing development/implementation codes from SAS to Python with thorough testing and UAT

- Work closely with onshore team to understand and enhance the data and modeling process behind existing models, develop new models, address data and model issues/findings.

- Underlying portfolio data research and analytics using strong programming skills

- Adhere to audit and model validation governance to ensure data and modeling process are in compliance with policy and are working as intended, address model validation and regulatory feedback issues

- Support ad-hoc analytic projects.