Senior Quant Analyst / Manager
The selected candidate would be leading a team of 6-8 analysts in India who support the quantitative desk of a major multinational bank.
The team will be required to develop generalized model tests in Quartz / Python using the extended unit test interface developed by the clients modeling team, perform model testing and validation exercises and to facilitate enhanced coverage of the Model testing and validation exercise in terms of number of tests and business groups.
The following subtasks will be performed by the team:
• Understanding test requirements and technology issues to liaise with model developers and validators
• Understanding and verification of model mathematics, methodologies and implementations.
• Reviewing model code and performing model robustness checks under various scenarios by running simulation stress tests
• Understanding the technologies, standardizing model testing procedures to automate and generalize test types
Key deliverables for the team would be:
• Detailed Model testing results under multiple scenarios
• Documentation of key model assumptions and model testing methodologies
• Analysis of expected versus actual model results
• Summary of Model mathematics, methodologies and calculation framework
The manager’s job duties (apart from above deliverables) would be to
• Ensure that the team adheres strictly to defined processes laid out by clients as well as CRISIL GRA.
• Prepare and circulate key MIS reports measuring the throughput of the team internally and to the clients
• Review work output and ensure robust quality control mechanism is in place for the team
• Ensure continuous skill and product training to the team.
• Guide and mentor the team in work progression and efficiency
• Closely work with teams across client and other offshore locations to ensure streamlined product delivery
• Interpret client business needs and translate them into operational requirements and targets for the team.
• Interact professionally with a diverse group, executives, managers, and subject matter experts.
incase of queries, pls write to : jayakumar.seetharaman@crisil.com
Leave a Reply
You must be logged in to post a comment.