Senior Manager/AVP - Algorithm Trading - Quantitative Analytics

Skill Set - Model Validation, Quantitative Analytics, Pricing Model Validation, Algorithm Trading.

Exp: Minimum 3+ years

Education : Tier1 / Tier 2

Role - 

- Automated the audit of the algorithms running on live servers to identify implementation risk checks

- Lead the process of algorithms including arbitrage, market making and execution algorithms.

- Implementation logging framework and analyser for monitoring risk conditions of the algorithms running live

- Developed price range identification algorithm for complete testing of algorithm using Binary Search Responsible for independently conducting quantitative analytics and complex modeling projects. Leads efforts in development of new models, analytic processes or system approaches. Creates documentation for all activities and may work with technology staff in design of any system to run models developed

- Performing model independent validation and peer review of all newly-developed complex predictive models to ensure they follow good modeling practices and are in compliance with Model Governance Policy, Guidelines and OCC requirements;

- Conducting model performance assessments to ensure all existing models meet the criteria and/or making model improvement requests;

- Conducting annual model validations to ensure models are working as intended and if the existing validation activities are sufficient. This will involve understanding the purpose of the model, how it works, how well it performs, and what effective challenges are to the current model.

- The scope of the role will cover all Global Consumer and Small Business Banking models, included but not limited to Card, First Mortgage, Home Equity, Small Business, Insurance, Marketing and others. Ability to communicate clearly, effectively, and work well with people is a key requirement. The qualified candidate will work cross-functionally to enforce processes and to integrate more effective model validation processes.

Preferred Skills :

- Knowledge of risk, underwriting and marketing models in a consumer lending environment

- Proficient in R/S-Plus and MATLAB, Python

- Coaching experience in a modeling group

- Project management experiences a plus

- Speaking / presentation skills in a professional setting

- Strong design patterns skills to design and architecture the tool.