Model Validation Analyst - BFSI

SRM Model Validation

Job Spec: Model Validation Analyst

Background Information:

- SRM Model Validation is responsible for providing independent review of the pricing models using by the derivatives trading business.

Candidate as a part of team is required to take ownership of certain key validation activities, namely:

- Review of the models that are not covered by the existing process (these are deemed to be low risk usually on the basis of materiality but may be complex trades)

- System Integrity Testing: testing the behaviour of the approved models across all the strategic risk management systems. This includes vendor systems.

- Carrying out the re-review process for approved models by re-running tests, validating assumptions and updating the documentation

Qualifications:

- An advanced degree in Mathematics, Physics, Engineering, Computing or Finance

- A PhD is preferred.

Skills and Experience:

- The role requires solid experience in Mathematical Finance and Financial Modelling. Regression testing experience must.

- Excellent communication skills, written and verbal, in English are a pre-requisite.

- Project management skills are essential, including being able to manage multiple projects across different regions, asset classes and people to tight deadlines.

- The role should provide quality assurance around the quality of the work produced by the Mumbai group. This will include providing technical feedback as well as ensuring all appropriate policies and guidelines have been followed.

Neha Beswal
Associate Consultant,
Black Turtle
A 405, Kailash Industrial Complex, Parksite, Vikhroli (West), Mumbai 400079, India
Dir: +9122 66848547
Visit Website: : www.black-turtle.com