Senior Market Risk Quant

Job Description

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.

Procedure writer
- @ Wells Fargo
- Bengaluru, Karnataka, India