Quantitative Developer/Analyst Jobs - Mumbai - MECON | Freshersworld
Quantitative Developer/Analyst
MECON
0 Years 
271939 - 339924 Monthly 
Expired
Posted: 02 Feb 16
Job Description
Job Description:
- The successful candidate will be based in Mumbai and will be part of the Group Market Risk team. The candidate’s primary responsibilities would include but not limited to:
- Carry out an independent detailed validation of existing pricing models in the following asset classes: IR, FX, Equity, Commodity and credit.
- Improve the current products/models with a special emphasis on valuation and risk management.
- Define the methodology for a complete and consistent risk capture in conjunction with Front Office and other Risk & Control functions.
- Assist senior management building a clear view on the valuation model risk within the Group
- Assist a team of Risk Analysts in any quantitative analysis and development
- Eventually build an independent library of pricing tools
- Ph.D or Master degree in a quantitative discipline (e.g. mathematics, physics…).
- Broad knowledge of financial markets, financial mathematics, industry best practice risk modelling methodologies, knowledge of financial products (FI, FX, commodities, equities, derivatives), their pricing models and a basic knowledge of stochastic calculus, statistics and numerical resolution methods.
- Essential skills include the ability to develop models in C++ or Matlab environment
- Strong knowledge of quantitative models (multi-curve framework, interest rate models and volatility, commodities and credit derivatives).
- Hands-on experience with model implementations using Monte Carlo simulation, tree method and finite difference method.
- Ability to work accurately under pressure to tight deadlines.
- Strong inter-personal skills in order to interact confidently with management and risk model developers.
- Advanced mathematical skills and previous experience working as a quant with financial quantitative modelling and risk analytics.
- Total banking experience of 6-8 years with minimum 3 years specific experience in Independent Price Verification in an Investment/Commercial bank
- Knowledge of Murex, Numerix would be a distinct advantage.
Job Particulars
Role it mobile developer
Education Certificate Course (ITI), Diploma, BCA, BE/B.Tech, BSc, ME/M.Tech, MSc, PG Diploma
Who can apply Freshers
Hiring Process Face to Face Interview
Employment TypeFull Time
Job Id161774
Job Category IT/Software , Diploma
Locality Address
State Maharashtra
Country India
About Company
Is a specialist international recruitment organization consisting of specialist divisions concentrating on the ICT and Telecommunication industries. With over 50 recruitment specialists and a combined 50 years worth of industry experience from the top tier management, our mission is to provide quality, integrity and professionalism to both clients and candidates within the Middle East region. Our business is focused on the professional, technical and managerial sectors of both markets covering all disciplines.
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