int(8916)
Mumbai/Pune, India

Market Risk Model Validation/Development Specialist

Our client is a leading global banking company having their Risk modelling and analytics center in India and are looking for tenured professionals to hire in their Model development/Validation team for Mumbai/Pune location. This will be a hybrid/remote role depending on the incumbent location.

Please contact Apoorva Sharma or email your cv directly in word format with job reference no. JO0000008556 to riskandquants-in@theedgepartnership.com.

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.

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Key responsibilities

  • Assess the model conceptual soundness and methodology.
  • Check the appropriateness of input data, model assumptions and parameters.
  • Review outcome, impact, and develop benchmark approaches.
  • Assess model risk, perform model robustness analysis, and identify and evaluate model limitations.

Role requirements

  • Degree in finance, engineering, statistics, or a related quantitative field.
  • 10- 12 years of overall (5-6 years of hands-on experience).
  • Experience in R or Python.
  • Experience in any Market risk asset class.
  • Strong communication and stakeholder management skill.
  • Experience in assessing market risk models and knowledge of FRTB and Libor transition would be an advantage.