B6 Model Validation Professional - BFS

An excellent opportunity within the ANZ Model Validation team based in Bangalore.

- The role offers tremendous opportunity for growth with the team covering a range of models across Interest Rate, FX and Commodity asset classes.

- In this role you will be required to independently validate internally/externally developed models and pricing functions with reference to academic literature, existing models and/or numerical verification. 

- You will need to verify that validated functions have been implemented correctly in other environments via independent benchmarking (in C++/VBA). 

- You will also be expected to formulate an opinion on Model Risk and ultimately develop Model Risk provisioning methodologies to safeguard against model assumptions/limitations.

- You will be responsible for ensuring that all your validation work is well documented, transparent and can be reproduced - balancing the need for timely delivery to market with appropriate and diligent validation.

- Furthermore, you will be expected to maintain productive working relationships with front-office quantitative groups, Trading and IT support groups, as well as providing quantitative support to other Market Risk teams or other areas within the Group as and when required.