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Form of workOur client is one of the global financial services groups which provides industry focused services for clients across geographies. We are currently looking for a skilled professional to join their Risk Management Team in Mumbai.
Please contact Apoorva Sharma or email your cv directly in word format with Job ID 12276 to .
Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days, we regret to inform you that your application for this position was unsuccessful.
[HIDDEN TEXT]Key responsibilities
- Spearhead the development and periodic update of prototype models focusing on Market Risk and Counterparty Credit Risk. Ensure models are in line with the latest regulatory and internal guidelines.
- Play a critical role in implementing stress testing models into the strategic risk system. From methodology development, prototype building, drafting technical business requirement documents, conducting model testing, and ensuring regulatory compliance.
- Conduct firm-wide analysis to assess the impact of stress testing models and support quantitative impact studies (QIS).
- Provide support to the Model Validation Group/Audit team during the validation process, including managing ongoing model changes.
Role requirements
- Graduation in BSc (Mathematics/ Stats), Engineering (with finance as a minor), MBA - Finance, or related Engineering Discipline.
- Possess 1-3 years of experience in Market Risk or Credit Risk, with a solid understanding of risk modeling.
- Demonstrate a good grasp of mathematical concepts such as probability, statistics, calculus, and linear algebra. Familiarity with financial products like Bonds and Derivatives is essential.
- Proficient in Python, SQL, MATLAB, and VBA.
- Candidates with Actuarial qualifications (having cleared at least 3 CT papers) or certifications like FRM, PRM, or CFA will have an added advantage.
