Analyst/Associate - Quantitative Risk Management - Model Validation

- This position will focus mainly on validation of Algorithmic Indices along with possibility of gradual development as an IR/FX pricing model validation quant.

- Ensure proprietary algorithmic indices are implemented as per rulebook specification - the indices take long/short leveraged positions in market instruments (e.g.

- IR swaps in multiple currencies) based on econometric signals and a target volatility level for the index. Implementation is done in proprietary scripting language/excel spreadsheets and signal generation/ achievement of target volatility levels are also in scope of validation.

- Approve trading of swaps and vanilla options on the indices

- Preparation of documentation for the review of index implementation

- In addition, role would also involve providing validation support for IR/FX models from time to time thereby providing an opportunity to gradually build skills in derivative pricing model validation