Model Risk Quantitative Analyst, VP

Our people work differently depending on their jobs and needs. From hybrid working to flexible hours, we have plenty of options that help our people to thrive.

This role is based in India and as such all normal working days must be carried out in India.

Job Description

Join us as a Model Risk Quantitative Analyst

• If you have excellent quantitative modelling skills and a talent for problem solving, we think you'll enjoy a real sense of purpose in this role
• You'll be harnessing your mathematical prowess to evaluate and validate sophisticated and widely used pricing models across our bank
• It's a chance to deepen your knowledge, develop your profile and explore your potential in a truly purpose-led role and inclusive team
• We're offering this role at vice president level

What you'll do

In today's rapidly changing world, our ability to understand tomorrow and make better decisions today is key. But while we can't see into the future, we can use data to predict it. And when we use this data and the assumptions derived from it to model what our future could look like, we can begin to navigate the unknown, alleviate uncertainty and uncover valuable insights.

But using these models invariably presents model risk. And as our Model Risk Quantitative Analyst, it'll be your job to review and independently validate our pricing models to determine their adequacy, limitations, and the level of model risk they pose.

Day to day, you'll be :

The skills you'll need

With a degree in a quantitative subject like Mathematics, Physics or Quantitative Finance, you'll bring the determination and perseverance that comes with tackling ideas that are hard to understand and problems that are hard to solve. And with great communication skills, you'll be able to assimilate highly technical information, simplify complex concepts, and deliver clear mathematical exposition too.

You'll also bring great working habits like being organised, thorough and painstaking in your work, good at working under pressure, and equally content working on your own or together as a team.

And you'll bring this all together with :

Skills Required

Post-graduate experience in model valuation, Advanced quantitative modelling skills, Programming experience in Python, Understanding of derivatives pricing