Quantitative Analyst - BFSI

Job description and requirements for Quantitative Analyst

- Work required at our end

- Managing a large amount of data and the creation of models to deliver precise and error-free data insights

- Development of user-friendly computational models from scratch for:

- Risk analytics

- Market analytics

- Valuation

- Understanding existing operations and provide inputs for enhancements/automation

- Getting required applications developed by working along with IT team and business team

Skills and Knowledge expected from a candidate:

- Advanced mathematics and Statistics (Should have sound concepts)

- Applied numerical procedures

- Transformations and Expansions of function/series

- Monte Carlo methods and Probability distribution

- Volatility structures and forecasting

- Regressions and Time series analysis

- Working knowledge of models like GARCH and EWMA

Computational skills:

- Should have expertise in at least one programming language

- Working knowledge of database management

- Basic level understanding of either Python/MATLAB/R will be appreciable

- Expertise in advanced excel and VBA

- Financial markets and instruments (Expected to have knowledge of instruments w.r.t pricing/analytics etc)

- Fixed income instruments (Corporate bonds/ G-Sec/T-Bill/SDL)

- Derivatives

- Structure and function of financial institutions

- Knowledge of regulatory requirements and business practices involved in financial markets (particularly fixed income and derivatives)

- Qualification expected from a candidate

- B.E./B.Tech. or PG degree in Mathematics (or other courses where the candidate is expected to have studied advanced mathematics) or MBA with FRM having programming skills

- Studied programming at the graduate level (Any language)

- Experience expected from a candidate

Should have been involved for 3 to 5 years in:

- Complex data management

- Data analytics/Data insight generation

- Creation/validation of Risk/Valuation/Analytics models

- Working with IT development teams to get applications developed