Description
We are seeking a Group Strategic Analytics – Quantitative Strategist – Valuation Control, VP to join our team in Mumbai, India.
The Valuation Control (VC) Strats team, part of Group Strategic Analytics (GSA), plays a key role in supporting the bank’s Valuation Control (VC) function which is responsible for the independent valuation of the bank’s Fair Value balance sheet.
The successful candidate will collaborate with Valuation Control managers and Front Office quantitative teams globally to design and deliver technology solutions that enhance valuation processes and methodologies across internal and regulatory-driven projects.
Responsibilities:
- Build libraries and develop automated and analytical solutions which can support Valuation Control business activities like Market Data Submission to Totem, Independent Price Validation, Prudential Valuation, Levelling etc.
- Collaborate with global stakeholders to validate requirements, assumptions, interfaces, and acceptance criteria.
- Translate requirements from business into reusable and scalable production components.
- Develop, design, implement and test underlying libraries and interface which are audit-compliant, dependable, and resilient for the use case.
- Build python libraries and APIs which follows standards and best practices in terms of cyber-hygiene and coding, validation, testing standards of the bank. with documentation, automated tests, and appropriate controls which are fit for the purpose.
- Resolve regulatory, audit, and internal findings through root-cause analysis and sustainable technical controls.
- Support proper documentation of the implemented methodologies.
Requirements:
- Relevant experience in quantitative software development, financial engineering, pricing, risk, or valuation: 8.5+ years for VP.
- Strong analytical skills demonstrated by a background in MFE / Engineering / Mathematics / Quantitative Statistics background from top colleges.
- Industry experience in programming in Python and programming concepts (Class, Pointers, Data structure – stacks, queue).
- Good knowledge of derivatives financial product and pricing methodology in at least one asset class – Equity, Credit, Rates, FX, Commodities.
- Experience in valuation models and pricing techniques
- Market risk, Middle office, Valuations background with relevant subject matter expertise in one of the three disciplines.
- Excellent communication skills and diligence
- Strong analytical, critical thinking skills with ability to cope well under pressure and tight timelines.
- A history of working in Projects and supporting Production environment simultaneously.
Benefits:
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above