Vice President - Quantitative Risk Methodology - Counterparty Credit Risk

Hiring Alert | VP - Quantitative Risk Methodology (CCR / OTC Derivatives / Option Model Development) Location - Mumbai

VP to VP only (strictly no adjacent levels)

We are partnering with a leading global financial institution for a highly specialized Vice President opportunity within Credit Risk Analytics / Risk Methodology.

This mandate is sharply focused and intended for a very specific talent pool.

Mandatory Candidate Criteria:

- Hybrid work model readiness

- Candidates currently from peer banks only

- Strong preference for returning Indian professionals

- VP to VP only (strictly no adjacent levels)

- Strong academic and professional pedigree

- Mandatory CCR (Counterparty Credit Risk) expertise

- Deep command over derivatives pricing theory

- Strong Maths / Statistics foundation

The single most critical technical requirement:

Hands-on production-level experience in option model development (preferably Stochastic Volatility Models).

We are specifically looking for professionals who have:

- Built and deployed production source code for derivatives/option models within a dev team

- Strong familiarity with Git / version control / collaborative development

- Deep understanding of option model frameworks, differences, and practical implementation trade-offs

- Strong expertise in numerical methods, especially Monte Carlo simulation (must-have)

- Strong grounding in stochastic calculus, CCR exposure modelling, and regulatory frameworks

- Proven ability to bridge quantitative theory + coding + implementation + governance

Ideal backgrounds:

- FO Quant / CCR Quant / XVA / Risk Methodology / Model Development / Model Validation

- OTC Derivatives / Counterparty Exposure / Exposure Methodology

- Python / Quantitative Development

- Professionals who can lead model design while driving execution

- This is not a generic analytics role. We are seeking highly technical model developers with real ownership in quantitative model architecture and implementation.