Quantitative Risk Management Sr Associate The Quantitative Risk Management Senior Associate participates in validating global risk quantitative and analytic models to support efforts to minimize risk. Working under limited supervision, this job contributes to validations of models covering a wide range of financial, economic and actuarial instruments. Key Responsibilities and Duties: - Assists with reviewing models to support identification and review of risk issues, risk metrics and risk exposure. - Applies established risk metrics and risk tolerance guidelines and policies. - Assesses risk models' theoretical and conceptual soundness and reviews appropriateness of assumptions. - Ensures data inputs to models are valid and appropriate. - Supports the identification of model limitations, underlying model risk drivers and the assessment of overall model risk levels. - Documents the review of risk models as well as any recommendations on improvements. Educational Requirements: - Bachelor's Degree Required Work Experience: - 3+ Years Required; 5+ Years Preferred Physical Requirements: - Physical Requirements: Sedentary Work Career Level 7IC Key Duties & Responsibilities: - Perform model validations covering a wide range of financial, economic and actuarial instruments Perform quantitative tests on models to assess them Document model validation, summarize model limitations, identify key risks and findings Manage ongoing monitoring process for models that are used by the business Business or Industry Expertise: - Familiarity with one or more families of models commonly used by financial services companies as either a model developer or model validator. E.g. financial models, risk models, pricing models Interactions / Interpersonal Skills: - Communicate and contribute routinely within the global TIAA Model Risk Management team Communicate with business partners around the globe as needed Communicate with model vendors as needed Skills and Abilities: Financial mathematics, statistics, model analysis and testing, programming, technical writing and presentation For additional details regarding submission eligibility and payment terms, please refer to your contract. Only submissions from agencies with current service contracts.

Mumbai

Senior Associate - Market Risk Model Validation - Quant 

Job Description for Senior Associate - Market Risk Model Validation - Quant  in Black Turtle India Pvt Ltd in  Mumbai for (7-13) years of experience. Apply Now!