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21/04 Preeti Sethi Saraswat
Key Account Manager at Mastermind Network

Views:534 Applications:137 Rec. Actions:Recruiter Actions:37

Quantative/Validation Model Role - Financial KPO (2-8 yrs)

Mumbai Job Code: 916932

Job Description: We are hiring for a leading Financial KPO based at Mumbai & Gurgaon

Position :

Experience : 2-8 yrs in the quantitative modeling and/or validation field

Education : Masters / MBA in Economics, Mathematics, Statistics, Finance, Computer science with good knowledge in of financial mathematics including stochastic calculus, probability theory and time-series modeling

Role & Responsibilities :

- Responsible to Validate bank's pricing/risk models developed by Quantitative Strategy Group and Global Risk Analytics for one or more asset classes : IR (Interest Rates), FX (Foreign Exchange), Inflation, Equity, Commodity, Credit and Mortgage.

- Model validation including conceptual soundness, critical assessment of the testing performed by the model developers to support the integrity and accuracy of the model implementation

- Development and implementation of effective testing plans and testing code to critically challenge models through empirical analyses and to verify model implementation

- Perform independent testing, scenario analysis and back-testing to identify/quantify model risk associated with the model being validated

- Prepare validation report and technical documents for the model being validated

- Excellence in probability theory, stochastic processes, partial differential equations, numerical analysis, option pricing theory (quant models for pricing and hedging derivatives).

- Strong statistical analytics skills and knowledge of advanced statistical analysis tools including SAS, Python & R

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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