Associate/Vice President - Risk & Quant Strat

HPS Investment Partners is seeking an Associate/Vice President level individual to join the Risk & Quant Strat (RQS) team in Mumbai. The role supports the day-to-day business-as-usual operations of the Quant Credit pod within the Private Financing Solutions (PFS) Risk function.

Responsibilities include:

BAU Operations & Process Execution

• Execute and coordinate recurring Quant Credit pod processes, including data preparation, validation, portfolio monitoring, and reporting activities.
• Maintain process calendars, checklists, trackers, and operating documentation.
• Monitor daily and periodic workflows, identify exceptions or breaks, and coordinate timely follow-up.
• Serve as a dependable point of contact for routine process questions and operational support.

Data Quality Assurance & Reconciliations

• Perform recurring reconciliations across source systems, databases, analytical outputs, and reporting files.
• Investigate data mismatches, missing records, and other exceptions; document findings and support root-cause analysis and remediation.
• Maintain clear evidence of data checks, exceptions, resolutions, and approvals.
• Track data-quality issues and trends, escalate material exceptions, and follow through with business and technology teams.

Credit Analytics & Business Support

• Support recurring credit-risk analytics and portfolio monitoring, including rating migration and downgrade-risk surveillance metrics.
• Prepare analyses, management information, presentation materials, and status updates for business and risk stakeholders.
• Respond to ad hoc data and analytical requests.
• Develop a practical understanding of private credit portfolios, underlying data, analytical methodologies, and downstream reporting requirements.

Projects, Process Improvement & Stakeholder Coordination

• Support projects from requirements gathering through testing, implementation, and post-launch monitoring.
• Coordinate actions, milestones, risks, dependencies, and decisions using project-management tools like Asana or JIRA.
• Work with business, risk, data, and technology teams to translate operational needs into clear requirements and practical solutions.
• Identify opportunities to simplify, standardize, or automate recurring workflows using Excel, SQL, and Python.
• Leverage AI-enabled tools, such as Microsoft Copilot, to streamline recurring workflows and improve process efficiency.

Qualifications:

• Bachelor's degree in Business, Finance, Economics, Statistics, Mathematics, Engineering, Computer Science, or a related field.
• 3-6 years of experience at Associate level and 7+ years for a VP in project management, process management, operations, data quality, risk analytics, or a related business-support function.
• Working knowledge of statistics and credit-risk concepts.
• Advanced Microsoft Excel and PowerPoint skills, with practical experience using Python and SQL.
• Intermediate to advanced proficiency with project-management tools.
• Excellent coordination, written and verbal communication, and presentation skills.
• Strong organizational ability, attention to detail, and analytical problem-solving skills.
• Demonstrated ability to work autonomously and manage competing priorities.

Benefits include a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents, and Flexible Time Off (FTO).

The role is based in Mumbai, India, with a hybrid work schedule of 4 days in the office and 1 day working from home.