Verified Job
Accounting - Finance
Senior Lead Model Development Investment Bank
Accounting - Finance
#300427
Remote / WFH
Job Description
Senior Model Development Lead - Investment Bank
Our client, a leading Global Investment Banks who is keen to hire a Model risk developer/Validator in Mumbai. Hence, actively looking to hire candidates with at least 6+ years of hands-on risk modelling or Validation (market/Counterparty) within an investment bank or associated consulting firms.
We're looking for someone who is eager to perform independent development. This is an excellent platform for personal and professional development within a highly committed and collaborative team in an international and fast-paced environment.
Some Of The Key Responsibilities Will Include
• Development of a model to capture market risk.
• Development of VAR models, IRC (Incremental Risk Charge) and tail risk models.
• Actively participate in validation of the models/model changes during the implementation phase.
• Interacting with stakeholders: model validators and users, senior management, internal and external audit, and regulators, as a representative of the bank's independent control function for model risk.
To Be Eligible For This Role You Will Require
• Qualified degree in economics, science, technology, mathematics, engineering.
• Excellent quantitative and statistical modelling skills.
• Proven experience of working with R/Python/SAS.
• Experience in developing or Validating VAR models.
• Good understanding of mathematical concepts like probability, statistics, calculus, and linear algebra.
• Must have worked on stochastic calculus/ Monte Carlo simulation.
• FRM/ CFA certification would be an advantage.
,
This job is provided by Shine.com
Our client, a leading Global Investment Banks who is keen to hire a Model risk developer/Validator in Mumbai. Hence, actively looking to hire candidates with at least 6+ years of hands-on risk modelling or Validation (market/Counterparty) within an investment bank or associated consulting firms.
We're looking for someone who is eager to perform independent development. This is an excellent platform for personal and professional development within a highly committed and collaborative team in an international and fast-paced environment.
Some Of The Key Responsibilities Will Include
• Development of a model to capture market risk.
• Development of VAR models, IRC (Incremental Risk Charge) and tail risk models.
• Actively participate in validation of the models/model changes during the implementation phase.
• Interacting with stakeholders: model validators and users, senior management, internal and external audit, and regulators, as a representative of the bank's independent control function for model risk.
To Be Eligible For This Role You Will Require
• Qualified degree in economics, science, technology, mathematics, engineering.
• Excellent quantitative and statistical modelling skills.
• Proven experience of working with R/Python/SAS.
• Experience in developing or Validating VAR models.
• Good understanding of mathematical concepts like probability, statistics, calculus, and linear algebra.
• Must have worked on stochastic calculus/ Monte Carlo simulation.
• FRM/ CFA certification would be an advantage.
,
This job is provided by Shine.com
