Address
Form of workAbout BNP Paribas Group:
BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions.
About Business line/Function :
The Global Markets Quantitative Research division is in charge of the modelling, pricing & risk management developments for the entire offering of products within the Global Markets activity. The team operates globally with representatives in London, Paris, Asia and New York and plays a critical role in providing innovative solutions.
We are currently pushing to create a new team in India.
Our work requires a strong and permanent cooperation with trading and the Global Markets IT
division to ensure all quant developments integrate optimally with the IT ecosystem, thereby ensuring
the best deliveries to the business. Our expertise and projects also lead us to be a key contact for
both operations and group risk management team.
Job Title:
GMQR – Senior Quantitative Analyst
Date:
Department:
Global Markets Quantitative Research
Location:
Mumbai
Business Line / Function:
Reports to:
(Direct)
Grade:
(if applicable)
NA
(Functional)
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
BNP Paribas CIB has launched the very ambitious plan aiming to strengthen our organisation and adapt CIB to ensure it remains a healthy and sustainable business in the long term, providing solutions to our clients, and core to the Group in its diversified business mix.
In this context, the Global Markets Quantitative Research is tasked to build along with the Global Markets IT a new pricing and risk management platform covering all asset classes for both flow and exotics products. To support this initiative, the bank has decided to create in India a pole of expertise around front office risk management and P&L Explain. The need for such a team originates from the necessity to harmonise, industrialize, and strengthen our tools to support ever growing trade volumes while ensuring a high level of data quality and coping with more stringent regulations.
The role being offered is to build and lead this newly created pole of expertise fully integrated in the Functional Architecture team, part of Global Markets Quantitative Research.
Responsibilities
This is a Senior Quantitative Analyst – team Lead role within GM Quant Research.
The job covers the following aspects:
- Familiarization with BNP Paribas’s risk and pricing framework
- Recruitment locally of the team (Junior and mid senior levels) to efficiently cover the 3 main business lines of Global Markets (MACRO (IR / FX / Commodities), CREDIT and EQUITIES
- Define and implement in collaboration with teams located in Paris and London the tools required to efficiently monitor the quality of risks and P&L Explain data generated on a daily
- Use state of the art data analysis techniques to improve anomaly and outliers’ detection while providing insights into the required developments
- Ensure remediation either locally or in collaboration with central teams of identified issues and weaknesses
All tasks above are to be conducted in close collaboration with the quantitative team management
Technical & Behavioral Competencies
- MSc to PhD degree in mathematics or engineering with strong analytical skills
- Strong analytical skills and technical background in mathematics, computer science or finance
- In depth knowledge of at least one but ideally multiple asset classes
- Proven experience in managing a medium size team
- Extensive experience with object-oriented languages (C++, C#...) including participation in large scale projects
- Comfortable with large scale libraries and working with different profiles (quants, IT, MO, Risk)
- Ability to propose new design patterns and architectures with a strong emphasis on clean and ordered code with a focus on industrialization.
- Good knowledge of data analysis techniques and technological ecosystem
- Experience driving large scale projects and experience working in a global setup
Skills Referential
Behavioural Skills:
Ability to collaborate / Teamwork and be able to drive a project end to end and coordinate across multiple teams
A flexible, hands-on attitude and willingness to make things happen
Communication skills - oral & written and Interpersonal skills
Ability to work autonomously within the requirements of the project and the quant team
Transversal Skills:
Analytical Ability
Education Level:
Masters Degree or equivalent
Experience Level
At least 7 years
