Senior Lead - Quant Model Development - Investment Banking

Due to continuous growth in region one of the leading Investment Banking client looking to hire lead model development specialist in India. Ideal candidate with at least 4 to 6 years of work experience in Pricing model development / validation with sound knowledge of derivatives products.

Some of the key responsibilities will include:

- Responsible to validate pricing models

- Communicate review needs and findings to FO quants, traders, Risk and Valuation Control Groups

- Lead the validation of statistical and stress testing models for primary (e.g. market) and consequential (e.g. operational) risks.

To be eligible for this role you will require:

- Qualified degree from premium institute with model development or validation experience of exotic derivatives pricing models

- Pricing model's theory or stochastic calculus is a plus

- Proficient in programming languages C++, Python, R.

Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days we regret to inform you that your application for this position was unsuccessful.