Hiring for Market Risk professionals for our Gurgaon Location - Performing various initial and /or ongoing model validation tasks independently or in collaboration with senior quants in New York and London - Create approach note and testing plan for validation of the assigned model; Decide upon appropriate methodology for benchmarking and challenger models - Conduct qualitative review of the model; examine documentation for detailed description of the theory, references to the base model, product description, mathematical and technical parameters&nbsp; - Develop and code challenger models for benchmarking and for validation of high risk models - Review model implementation into the production code; Perform additional testing - Perform direct and indirect validation of calibration in the models - Conduct model risk analysis, stress testing and other tests under different scenarios - Draft a validation report with executive summary with approval/disapproval, restrictions on model usage; summary of findings and remediation plans Skill Set Required - Sound knowledge of stochastic calculus, statistical and econometric concepts and their application in risk model development - Strong knowledge in one or more of the following programming languages: R / SAS, Matlab, Python, SQL programming, C++ ; Experience with QuantLib and other open source quant libraries is a plus - Ability to articulate ideas and make recommendations. - Proficiency in developing and giving presentations. - Strong oral and written communication skills, including the ability to document and present model development process and analytical results suitable for audiences of all technical levels - Strong analytical and interpersonal skills

Gurgaon/Gurugram

Evalueserve - Market Risk Analytics Professional 

Evalueserve - Market Risk Analytics Professional  ,Job Description for Evalueserve - Market Risk Analytics Professional  in Evalueserve in  Gurgaon/Gurugram for (7-15) years of experience. Apply Now!

Job Description for Evalueserve - Market Risk Analytics Professional  in Evalueserve in  Gurgaon/Gurugram for (7-15) years of experience. Apply Now!