Posted By

Anupra

HR Executive at Black Turtle

Last Login: 13 March 2025

152

JOB VIEWS

57

APPLICATIONS

24

RECRUITER ACTIONS

See how you stand against competition

Pro

View Insights

Posted in

Consulting

Job Code

1462264

Market Risk Model Validation Role

caution
3 - 7 Years.Bangalore
Posted 6 months ago
Posted 6 months ago

Key Sills: market risk models, python , derivative pricing( fixed income, equities, ), FX, stochastic calculus, masters from Premier college/university, 3-7 years - Plss mention/highlight the same in your resume

- Strong python and model validation

Location: Bangalore

Masters degree from TIER1 ONLY (NO MBAs, ONLY MA, MS, M Tech)

Essential Skills:

- 5-8 years of experience with minimum Masters/Phd in a quantitative field such as applied math, statistics, engineering, physics, accounting, finance, economics, econometrics, computer sciences, or business/social and behavioral sciences with a quantitative emphasis

- Performing model validations and clearly documenting evidence of validation activities

- Develop benchmarking and alternative models in Python/SAS

- Providing effective challenge to models developed in/for the lines of business, including identifying conceptual weaknesses in a model and understanding tradeoffs with other approaches

- Managing and mitigating model risk to meet or exceed regulatory and industry standards

- Providing leadership and consultation to less experienced validators and business partners

- Communicating model risk findings and limitations to key stakeholders

- Contributing to the improvement of model building and model use practices

- Providing analytical support and offering insights regarding a wide array of business initiatives

- Interacting with senior management and regulators on key modeling issues, including the identification, management, and mitigation of model risk

- Proactively following the industry trend to apply and develop new technology to improve efficiency

Desired Skills:

- Strong mathematical, statistical, analytical and computational skills

- Able to demonstrate first-hand knowledge of advanced topics in various mathematical and numerical methods such as Monte Carlo, stochastic calculus, differential equations, linear algebra, applied probability, statistics and machine learning knowledge

- Eagerness and ability to learn new technologies and programming languages

- Strong communication skills for a variety of audiences (other technical staff, senior management and regulators) both verbally and in writing

- Capability to multi-task and finish work within strict timelines and provide timely requests for information and follow-up questions

- Ability to work independently on complex model validations from start to finish

- Skill in managing relationships with key model stakeholders

- Eagerness to contribute collaboratively on projects and discussions

- Perpetual interest in learning something new but being comfortable with not knowing all the answers.

- Attention to detail in both analytics and documentation

- Aptitude for synthesizing data to 'form a story' and align information to contrast/compare to industry perspective

- Intellectually curious, who enjoys solving problems

Didn’t find the job appropriate? Report this Job