Location: Bengaluru, India
Experience Required: 4+ Years
Qualification: Master’s or Ph.D. in a Quantitative Discipline (Mathematics, Statistics, Physics, Economics, Engineering, or Computer Science)
Employment Type: Full-Time
Position Overview:
We are seeking a highly experienced and analytical Senior Market Risk Quant to lead the development and implementation of market risk models that support capital forecasting, risk measurement, and decision-making processes across global financial markets. This role will engage with regulators, auditors, and internal stakeholders to deliver high-impact quantitative insights for managing market, credit, and operational risk.
Key Responsibilities:
- Lead end-to-end model development including design, implementation, validation, documentation, and regulatory articulation of market risk models.
- Utilize advanced quantitative techniques, including stochastic modeling, spread analysis, and structured securities theory.
- Compute capital requirements, forecast losses, and quantify exposure to various market risks including credit, rates, and FX.
- Evaluate model performance through backtesting, benchmarking, and validation strategies.
- Provide technical leadership in the development of analytical strategies, forecasting techniques, and risk management frameworks.
- Review and challenge models from technical, audit, and regulatory standpoints.
- Collaborate closely with internal stakeholders, regulators, and auditors to ensure transparency and compliance.
- Prepare and deliver clear presentations and technical documentation to articulate model functionality, assumptions, and results.
Required Qualifications:
- Minimum 4+ years of experience in Quantitative Analytics, preferably in a financial institution or capital markets environment.
- Master’s degree or Ph.D. in a quantitative discipline such as Mathematics, Statistics, Engineering, Physics, Computer Science, or Economics.
- In-depth experience with capital market modeling, particularly in areas such as Credit, Interest Rates, and Foreign Exchange (FX).
Desired Skills & Competencies:
- Strong proficiency in statistical and numerical modeling techniques, Monte Carlo simulations, and stochastic calculus.
- Working knowledge of structured finance products, market data interpretation, and mathematical finance theory.
- Ability to develop and validate models using tools like Python, R, MATLAB, C++, or SAS.
- Familiarity with regulatory requirements related to market risk (e.g., CCAR, Basel II/III).
- Excellent communication and presentation skills for interacting with technical and non-technical stakeholders.
- Strong problem-solving mindset with attention to detail and analytical rigor.
Job Expectations:
- Drive strategic modeling initiatives that influence global market risk assessment.
- Act as a subject matter expert in discussions with audit, compliance, and regulatory teams.
- Deliver well-supported, transparent documentation and defend modeling decisions.
- Support product, portfolio, and business decisions through insightful risk quantification.