Market & CCR Quant Manager

Our client is one of the leading global banking firms which provides industry-focused services for clients across geographies. We are currently looking for a skilled professional to join their foundational Market Risk Quant team in Mumbai.

Some of the key responsibilities will include:

- Act as the 2 LOD by identifying, quantifying, and monitoring market and counterparty credit risks for the Trading Desks.

- Monitor and address limit breaches, exceptions, or technical issues on a daily basis.

- Assist in the preparation of periodic risk reports, review regulatory specifications, and conduct comprehensive testing of IT developments as required.

- Develop Python-based tools for enhanced risk insights and maintain an understanding of trading strategies, products, and market dynamics.

- Recommend and manage limits for assigned Desks, advise traders, and ensure prompt and accurate upload of limits.

To be eligible for this role you will require:

- 4-8 years of relevant experience in market or counterparty credit risk management

- Bachelor's or Master's degree in quantitative disciplines such as applied or pure mathematics, engineering or computer science.

- Proficiency in Python coding, along with a demonstrated understanding of techniques such as lattice methods, Monte Carlo simulations, Finite Differences, etc.

- Familiarity with financial products across asset classes, their pricing models, risk methodologies (e.g., Value at Risk, Stress Testing), and the associated trade lifecycle process.