Market Risk Quant- Model Validation recruitment
Leading global Financial Institution is seeking a sr. level market risk professional with several years of risk methodologies and risk model validation experience for derivative products. Ideal candidate will possess a PhD or Masters degree in Physics, Statistics, Mathematics, Computer Science, or Engineering and have strong hands on programming and coding experience. Successful candidate will be responsible for validating and approving all models used for pricing and risk management of derivative instruments for commodities, equities, f/x, interest rates, and credit. All applicants are required to have a solid background in model validation, with at least 5 years of experience at a major investment bank.
Qualified applicants will: possess several years of experience developing derivative pricing methodologies, utilizing Monte Carlo analysis, and use of finite difference methods. On a daily basis, you will review, verify, and validate pricing and risk models, write validation reports, and communicate results to risk management business head. Strong programming skills and excellent communication skills required. Prefer candidates based in CA. Will offer relocation assistance for qualified candidates.