Crisil - Manager - Market Risk Model Validation

Manager

Job Duties :

- The role will require working closely with the market risk validation team of a large global bank. This will include managing and mentoring a team to independently validate, review, assess and challenge the complex market risk models.

- Key responsibilities include understanding the conceptual framework and assumptions of models, guiding the team with innovative testing frameworks, resolving projects- issues, reviewing the comprehensive validation report, along with managing the deadline of each individual from the team.

- Liaise off-shore team from other geographies and should be flexible about work timings.

- The candidates will be required to have sound knowledge and exposure to market risk models and validation process.

This will include exposure to the following :

- Market Risk models

- VaR/RNIV models

- IRC and CCAR

- Stress testing

Qualification : PhD - Mathematics/Physics/Engineering/Computational Finance/similar quantitative discipline or Master's degree with relevant experience of 5-7 yrs

Skills Required :

- Excellent knowledge of quantitative finance

- In-depth knowledge of multiple market risk models and related market known products.

- Strong exposure to various risk concepts including VaR, RNIV, IRC and CCAR

- Experience in different review/validation framework for Market \Credit Risk

- Excellent analytical and creative problem solving skills

- Ability to manage multiple validation with different timeline

- Good verbal and written communication skills