Model Validation Quant, Avp

1 month ago

Mumbai, India Credit Suisse Full time

**Your field of responsibility**

Join us as senior model validation quant in the Model Risk Management team, focusing on the vali-dation of quantitative models in the areas of Incremental Risk Charge (IRC), FRTB Default Risk Charge (DRC), Credit Economic Risk Capital (ERC), and Operational Risk (OR).

This role will help you develop a deep understanding of market or credit risk portfolio models based on Monte Carlo; or the operational risk modelling landscape covering the advanced measurement approach for regulatory capital, operational risk ERC, or stress testing. You will be also independently implementing these models using advanced concepts of statistics and programming.

You will be conducting independent validation reviews of business-impactful models, meeting business needs and regulatory expectations, with the responsibility for investigating key aspects of each model under review, i.e., e.g., the choice of modelling approach, the underlying assumptions and associated limitations, performance, and optimal use of the model.

This role involves continuous interaction and collaboration with stakeholders from a wide range of internal business areas. You will be exposed to a broad and diverse governance framework, which covers an end-to-end process of quantitative models. As part of your role, you will also be responsible for creation of technical reports, including authoring and presentation of validation reports for the attention of senior management, supervisory authorities, and model stakeholders.

**Your future colleagues**:
You will work on models across all banking division within a global, dynamic, technically highly skilled, and motivated team. We are a department which values Diversity and Inclusion (D&I) and is committed to realizing the firm’s D&I ambition which is an integral part of our global cultural values.

**Your skills and experience**
- A PhD or a master's degree in a quantitative discipline with an advanced level of statistics (e.g., Mathematics, Physics, Engineering, Statistics, Quantitative Finance)
- At least three years of relevant experience in financial and risk modelling
- Modelling knowledge of traded financial products, PD, LGD, EAD estimation. Knowledge of topics in the areas of IRC, DRC, Credit ERC, and/or Operational Risk modelling are a plus
- Ability to review, verify, and challenge quantitative models for theoretical soundness, testing design and identification of model weaknesses and ensuring ongoing monitoring and to write a technical report consolidating the final observations
- Client focus and the ability to communicate effectively with senior stakeholders, including the ability to explain complex topics to a diverse range of audiences, which includes junior employees, senior management, and internal and external stakeholders
- A general understanding of global regulatory requirements is expected
- Experience in driving projects, including supporting and guiding junior validators through the course of validation projects and serving as a technical point of contact for them, would be an added advantage
- Self-motivation, task focus, the ability to deliver high quality results to strict deadlines and to work within a global and diverse team while also being able to work independently
- Dedication to fostering an inclusive culture and value diverse perspectives

**Your new employer**:
Find a new home for your skills, ideas, and ambitions. Credit Suisse offers you the ideal environment to progress your career, attractive benefits and excellent training.

We are a leading wealth manager with strong global investment banking capabilities founded in 1856. Headquartered in Zurich, Switzerland, and with more than 45,000 employees from over 150 nations, we are always looking for motivated individuals to help us shape the future for our clients.

Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success. We are committed to building a culture of inclusion with a deep sense of belonging for all of us. We will consider flexible working opportunities where possible. Our bank provides reasonable accommodations to qualified individuals with disabilities, as well as those with other needs or beliefs as may be protected under applicable local law. If you require assistance during the recruitment process, please let your recruiter know.

  • Stress Testing Model Validator

    1 month ago

    Mumbai, Maharashtra, India Deutsche Bank Full time

    **Stress Testing Model Validator - AVP**: **Job ID**:R0270567**Full/Part-Time**:Full-time**Regular/Temporary**:Regular**Listed**:2024-04-25**Location**:Mumbai**Position Overview**: **Job Title: Model Validation Specialist** **Corporate Title: AVP** **Location: Mumbai** **CRO Overview** - The Chief Risk Office function has Group-wide responsibility for the...

  • Stress Testing Model Validator

    3 weeks ago

    mumbai, India 9478 Deutsche India Private Limited Full time

    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 of continual development of methods for risk measurement, frameworks and creating a bank wide strong risk culture. Deutsche Bank has been named ‘Bank...

  • Model Validation

    7 days ago

    Mumbai, India People Realm Recruitment Services Private Limited Full time

    Role – Model Validation – Analyst / Associate / VP Client – Global Investment Bank Years of Experience – 1- 9 years of Risk Modeling / Pricing Models of Financial Products Location – Mumbai. Our client, a global Investment Bank, is looking for exceptional candidates to join their Model Validation team in Mumbai. They would be keen to explore this...

  • AVP Sr Manager

    1 month ago

    Mumbai, India Riverforest Connections Private Limited Full time

    JobPurpose: Independent reviewand validation of different derivative pricing models and RiskModels (both market risk and counterparty credit risk). Remainupdated with different model governance and regulatoryprescriptions. The team is part of Model Validation within RiskResearch and Model validationteam. JobResponsibilitiesIndependentreview and validation of...

  • Model Risk Governance

    1 month ago

    Mumbai, India JPMorgan Chase & Co. Full time

    Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.   As a Model Risk Governance - Quant Analytics Associate within our Risk Management and Compliance team, you will be at...

  • Model Risk Governance

    1 month ago

    mumbai, India JPMorgan Chase & Co. Full time

    Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.  As a Model Risk Governance - Quant Analytics Associate within our Risk Management and Compliance team, you will be at...

  • Quantitative Analyst, Model Validation

    1 month ago

    Mumbai, India Morningstar Full time

    Job Title: Quantitative Analyst, Quantitative Research team, Mumbai The Group : Morningstar’s Quantitative Research Group creates independent investment research and data-driven analytics designed to help investors and Morningstar achieve better outcomes by making better decisions. We utilize statistical rigor and large data sets to inform the...

  • Quantitative Analyst, Model Validation

    1 month ago

    mumbai, India Morningstar Full time

    Job Title: Quantitative Analyst, Quantitative Research team, Mumbai The Group : Morningstar’s Quantitative Research Group creates independent investment research and data-driven analytics designed to help investors and Morningstar achieve better outcomes by making better decisions. We utilize statistical rigor and large data sets to inform the...

  • Model Validation

    2 weeks ago

    Mumbai, India timesjobs Full time

    Demonstrated programming (SAS, SQL, R, etc.). Knowledge of tools like VBA preferable.Basic knowledge of secured/unsecured banking products and US banking.Good communication skill to communicate technical information verbally and in writing to both technical and non-technical audiences.Proven analytical skills, with the ability to identify root causes and...

  • Model Validation

    2 weeks ago

    Mumbai, Maharashtra, India timesjobs Full time

    Demonstrated programming (SAS, SQL, R, etc.). Knowledge of tools like VBA preferable.Basic knowledge of secured/unsecured banking products and US banking.Good communication skill to communicate technical information verbally and in writing to both technical and non-technical audiences.Proven analytical skills, with the ability to identify root causes and...

  • Quantitative Risk Management

    3 weeks ago

    mumbai, India Nomura Full time

    Nomura Overview:“Nomura is an Asia-headquartered financial services group with an integrated global network spanning over 30 countries. By ‘Connecting Markets East & West’, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and...

  • Quantitative Risk Management

    3 weeks ago

    Mumbai, India Nomura Full time

    Nomura Overview:“Nomura is an Asia-headquartered financial services group with an integrated global network spanning over 30 countries. By ‘Connecting Markets East & West’, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and...

  • Model Validation

    1 month ago

    Mumbai, India People Realm Recruitment Services Private Limited Full time

    Role – Model Validation – Analyst / Associate / VPClient – Global Investment BankYears of Experience – 1- 9 years of Risk Modeling / Pricing Models of Financial ProductsLocation – Mumbai.Our client, a global Investment Bank, is looking for exceptional candidates to join their Model Validation team in Mumbai. They would be keen to explore this...

  • Model Validation

    1 month ago

    Mumbai, India People Realm Recruitment Services Private Limited Full time

    Role – Model Validation – Analyst / Associate / VPClient – Global Investment BankYears of Experience – 1- 9 years of Risk Modeling / Pricing Models of Financial ProductsLocation – Mumbai.Our client, a global Investment Bank, is looking for exceptional candidates to join their Model Validation team in Mumbai. They would be keen to explore this...

  • Quantitative Risk Management

    3 weeks ago

    Mumbai, India Nomura Full time

    Nomura Overview:“Nomura is an Asia-headquartered financial services group with an integrated global network spanning over 30 countries. By ‘Connecting Markets East & West’, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and...

  • Quantitative Risk Management

    3 weeks ago

    Mumbai, India Nomura Full time

    Nomura Overview:“Nomura is an Asia-headquartered financial services group with an integrated global network spanning over 30 countries. By ‘Connecting Markets East & West’, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and...

  • Quantitative Risk Management

    3 weeks ago

    mumbai, India Nomura Full time

    Nomura Overview: “Nomura is an Asia-headquartered financial services group with an integrated global network spanning over 30 countries. By ‘Connecting Markets East & West’, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets...

  • Director, Quant

    2 days ago

    mumbai, India Apollo Global Management, Inc. Full time

    Position Overview ABOUT APOLLO Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three...

  • Director, Quant

    1 day ago

    Mumbai, India Apollo Global Management, Inc. Full time

    Position Overview ABOUT APOLLO Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three...

  • [Only 24h Left] Data Scientist

    7 days ago

    Mumbai, India Quant Matrix AI Full time

    Do the words "Startup", "Business Strategy", "Management Consulting", "Machine Learning" and "Generative AI" send a tingle up your spine? Would you like to be front and centre of a multi-disciplinary skillset and team? If so, read on…Quant Matrix is a start-up focused on all the above and we are recruiting for multiple positions in our core group.What can...