Model Validation Irfx Mumbai
5 months ago
Location
- Mumbai- Industry
- Banking, Financial Services & Insurance- Contract Type
- Permanent- Published
- 8 months ago
- Contact
- Reference
- 29-3-7601- Academic title
- MBA/PGDMJob description
- Ensure that the model meets its stated objective
- This would include reviewing the theoretical assumptions and the implementation of the model - for instance, setting up independent benchmarking tools for testing of various scenarios & boundary conditions of complex models.
- Ensure model suitability in terms of pricing, risk management of in scope products
- Preparation of model review documentation
- Model risk analysis
- Ongoing Model Performance Monitoring
- Validation of Model reserve calculations implemented in Front Office systems
- This current role will look mainly into validation of
- FX models -local volatility, stochastic volatility, mixture models etc with the numerical methods used being PDEs, Monte Carlo and/or
- IR models -BGM, HJM, QGMF, SABR etc with the numerical methods used being PDEs, trees, Monte Carlo
**Requirements**:
Mandatory
Qualification, Experience & Skills:
- Good understanding of stochastic calculus, numerical techniques for derivatives pricing (Monte Carlo / Finite Difference)
- Competency in one or more major programming languages (C++, python) required (at the very least exposure to procedural programming)
- Knowledge of elementary algorithms and data structures
- Attention to detail
- Good written communication in English
a. Interest Rate e.g. Libor Market Model, HJM, Models of the short-rate
b. Equity e.g. Pricing of Exotic Payoffs (like Barriers, Lookback, Asians etc.), Stochastic Volatility Models for pricing Equity Derivatives (Heston etc.)
c. Credit e.g. Pricing of Credit derivatives, CVA calculation
d. FX e.g. Pricing of plain vanilla and exotic FX derivatives (Barriers, Quantos etc.)
-
Model/Anlys/Valid Analyst II
4 weeks ago
Mumbai, India Citibank India Full timeApply Model/Anlys/Valid Analyst II - C10 - MUMBAI at Citi, Citibank India in Mumbai for 2 - 4 year of Experience on TimesJobs.com
-
Treasury Model Validator
2 weeks ago
Mumbai, Maharashtra, India The Edge Partnership Full timeKey ResponsibilitiesValidate Treasury models, including assumptions, methodology, and data quality, in accordance with internal policies and regulatory requirements, such as Basel III, LCR, and NSFR.Collaborate with model owners and business experts to ensure the accuracy and integrity of Treasury models.Develop independent views on model methodology and...
-
Treasury Model Validator
1 week ago
Mumbai, Maharashtra, India The Edge Partnership Full timeKey ResponsibilitiesValidate Treasury models, focusing on assumptions, methodology, and data quality to ensure compliance with internal policies and regulatory requirements such as Basel III, LCR, and NSFR.Collaborate closely with model owners and business experts to develop a comprehensive understanding of Treasury models.Enforce sound practices in model...
-
Treasury Model Validator
4 weeks ago
Mumbai, Maharashtra, India The Edge Partnership Full timeKey ResponsibilitiesThe successful candidate will be responsible for validating Treasury models, ensuring data quality, and collaborating with model owners and business experts to ensure compliance with internal policies and regulatory requirements.Role RequirementsBachelor's or Master's degree in a quantitative field such as Mathematics, Statistics,...
-
Model Validation
5 months ago
Mumbai, Maharashtra, India UBS Full timeIndia - Risk - Group Functions **Job Reference #** - 296278BR **City** - Mumbai **Job Type** - Full Time **Your role** - Are you an expert in analytics? Are you an innovative thinker who likes to challenge the status quo? Do you know how to work well within a team and deliver effective solutions? We're looking for someone like that to carry out...
-
Modelling
5 months ago
Mumbai, India MUMBAI MODELLING WORLD Full timeNeed girls for fashion photoshoot. Fresher girls most welcome. model is a person who is employed for the purpose of displaying and promoting fashion clothing or other products and for advertising or promotional purposes or who poses for works of art. As a model you could display catwalk, editorial or commercial fashion. The job involves travelling all over...
-
Stress Testing Model Validation
5 months ago
Mumbai, India Deutsche Bank Full time**In Scope of Position based Promotions (INTERNAL only)** **Job Title: Model Validation Specialist** **Corporate Title: AVP** **Location: Mumbai** **Role Description** The Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and has the responsibility...
-
Model
5 months ago
Mumbai, India MUMBAI MODELLING WORLD Full timeFollow the instructions of the photography personnel and pose at photoshoots accordingly. - Participate in television commercials and other advertisements to promote various services and goods. - Take part in runway shows by modeling designers’ clothing, footwear, accessories, and jewelry. - Model at trade shows, conventions, and similar events to...
-
Avp Model Risk Pricing Model Validation
5 months ago
Mumbai, India Barclays Full timeJob Title: AVP Model Risk Pricing Model Validation Location: Mumbai About Barclays Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and...
-
Ba4 Model Risk Pricing Model Validation
5 months ago
Mumbai, India Barclays Full timeJob Title: BA4 Model Risk Pricing Model Validation Location: Mumbai About Barclays Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and...
-
Treasury Model Validation Specialist
3 weeks ago
Mumbai, Maharashtra, India The Edge Partnership Full timeKey ResponsibilitiesValidate Treasury models, including assumptions, methodology, and data quality, to ensure compliance with internal policies and regulatory requirements.Collaborate with model owners and business experts to develop independent views on model methodology and challenge assumptions.Prepare validation documents and manage model databases to...
-
Treasury Model Validator Associate
2 weeks ago
Mumbai, Maharashtra, India The Edge Partnership Full timeAbout the RoleThe Edge Partnership is seeking a skilled Treasury Model Validator Associate to join our team. As a key member of our Treasury team, you will be responsible for validating Treasury models, including assumptions, methodology, and data quality. This role requires a strong understanding of liquidity & funding management, Basel III, ILAAP, and...
-
Avp Model Risk Pricing Validation
1 month ago
Mumbai, Maharashtra, India Barclays Full time. Join us as a "Model Risk pricing Validation speacalist " at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences. Location-Mumbai The Traded Models IVU team is responsible for...
-
Treasury Model Validation Specialist
2 weeks ago
Mumbai, Maharashtra, India The Edge Partnership Full timeTreasury Model Validation Role:Validate Treasury models, including assumptions, methodology, and data quality, to ensure compliance with internal policies and regulatory requirements.Collaborate with model owners and business experts to develop independent views on model methodology and challenge assumptions.Prepare validation documents and manage model...
-
Treasury Model Validation Specialist
3 weeks ago
Mumbai, Maharashtra, India The Edge Partnership Full timeKey ResponsibilitiesValidate Treasury models, ensuring accuracy and compliance with internal policies and regulatory requirements.Collaborate with model owners and business experts to develop and maintain Treasury models.Ensure Treasury models are aligned with liquidity and funding management strategies.Develop independent views on model methodology and...
-
Model Validation Associate Treasury
2 months ago
Mumbai, India The Edge Partnership Full timeKey responsibilities Validate Treasury models, including assumptions, methodology, and data quality. Collaborate with model owners and business experts. Ensure compliance with internal policies and regulatory requirements (Basel III, LCR, NSFR). Develop independent views on model methodology and challenge assumptions. Prepare validation documents...
-
Financial Modeling Specialist
1 week ago
Mumbai, Maharashtra, India 9608 Deutsche India Private Limited, Mumbai Branch Full timeAbout the RoleThe Trust & Agency Services (TAS) Corporate Trust Structured Finance Services business at 9608 Deutsche India Private Limited, Mumbai Branch, is seeking a skilled Financial Modeling Specialist to join their team in DB Centre.As a key member of the team, you will be responsible for developing and testing cash flow models, validating the accuracy...
-
Model Validation
5 months ago
Mumbai, Maharashtra, India CRISIL Full timeConsultant at a VP level with 5+ years min experience in derivative pricing models. Job requirements: - Previous experience (for around 5 years) on derivative pricing models gained in a development or validation role In rates or hybrids area. - Will challenge model assumptions, mathematical formulation, and implementation; - Will conduct independent...
-
Model/anlys/valid Officer
5 months ago
Mumbai, India Citi Full time**Responsibilities**: - Develops, enhances, and validates the methods of measuring and analyzing risk, for all risk types including market, credit and operational. Also, may develop, validate and strategize uses of scoring models and scoring model related policies. - Manages model risk across the model life-cycle including model validation, ongoing...
-
Vice president
4 weeks ago
Mumbai, India A Leading Financial Services Group Full timeQuantitative Risk Management - Model Validation Model Validation: The Model Validation Group (MVG) is globally responsible for independently validating the integrity and comprehensiveness of Risk Models and Valuation Models in the firm. MVG also develops measures of Model Risk, monitoring Model Risk vs. the firm’s Model Risk Appetite and escalates...