int(9157)
Mumbai, India

Scenario Generation

Our client is one of the global banking firm which provides industry focused services for clients across geographies. We are currently looking for a skilled professional to join their scenario expansion models validation team in Mumbai.

Please contact Apoorva Sharma or email your cv directly in word format with job reference number JO0000008782 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 conceptual soundness and methodology of models.
  • Check appropriateness of assumptions, parameters, model calibrations, qualitative or expert adjustments.
  • Review outcome, impact, or benchmark analyses and develop a benchmark model.
  • Assess model risk, including model robustness analysis, identification of limitations, and their assessment.
  • Collaborate with model developers and communicate with key stakeholders across the institution.

Role requirements

  • Master’s or PhD degree in quantitative fields like econometrics, financial economics, financial maths, statistics, engineering, physics, mathematics.
  • Solid knowledge of econometric models used for forecasting macroeconomics and financial variables (ARIMA, VAR, ECM, PCA, etc.)
  • Strong programming (coding) skills in R or Python.
  • Strong communication and writing skills and the ability to explain technical topics clearly.