Rates Model Risk Associate/VP
4 weeks ago
Job Description
We are looking for a new member to join our Interest Rates team in the Model Risk Governance and Review Group which is responsible for end-to-end model risk management across the firm.
As a Quant Model Risk Associate/VP you will assessand helpmitigate the model risk of complex models used in the context of valuation, risk measurement, the calculation of capital, and more broadly for decision-making purposes. Additionally, you will have an opportunity for exposure to a variety of business and functional areas as well as will work closely withmodel developers and users.
Job responsibilities
- Carriesoutmodelreviews:analyzeconceptualsoundnessof complex pricingmodels,engines,andreservemethodologiesassessmodelbehaviorandsuitabilityof pricingmodels/enginestoparticularproducts/structures.
- Provides guidance on model usage and act as first point of contact for the business on all new models and changes to existing models.
- Developandimplementalternativemodelbenchmarksandcompare theoutcomeofvariousmodelsDesignmodelperformancemetrics.
- Liaiseswithmodel developers,RiskandValuationControlGroupsandprovideguidanceonmodelrisk.
- Evaluates model performance on a regular basis.
- Manage and develop junior members of the team.
Required qualifications, capabilities, and skills
We are looking for someone excited to join our organization. If you meet the minimum requirements below, you are encouraged to apply to be considered for this role.
- Excellenceinprobabilitytheory,stochasticprocesses,statistics,partialdifferentialequations,andnumericalanalysis
- MSc, PhD orequivalent in a quantitative discipline
- Inquisitivenature,abilitytoaskrightquestionsandescalateissues
- Excellentcommunicationskills(writtenandverbal)
- Goodunderstandingof optionpricingtheory(i.e.quantitativemodelsforpricingandhedgingderivatives)
- Good coding skills, for example in C/C++or Python
- 3+ years of experience in a FO or model risk quantitative role.
Preferred qualifications, capabilities, and skills
The following additional items will be considered but are not required for this role:
- Experiencewithinterest rates derivatives.
-
Rates Model Risk Associate/VP
3 weeks ago
Mumbai, India JPMorgan Chase & Co. Full timeWe are looking for a new member to join our Interest Rates team in the Model Risk Governance and Review Group which is responsible for end-to-end model risk management across the firm. As a Quant Model Risk Associate/VP you will assess and help mitigate the model risk of complex models used in the context of valuation, risk measurement, the calculation...
-
Rates Model Risk Associate/VP
3 weeks ago
Mumbai, India JPMorgan Chase & Co. Full timeWe are looking for a new member to join our Interest Rates team in the Model Risk Governance and Review Group which is responsible for end-to-end model risk management across the firm. As a Quant Model Risk Associate/VP you will assess and help mitigate the model risk of complex models used in the context of valuation, risk measurement, the calculation...
-
Rates Model Risk Associate/VP
6 days ago
Mumbai, Maharashtra, India JPMorgan Chase Full time ₹ 12,00,000 - ₹ 36,00,000 per yearWe are looking for a new member to join our Interest Rates team in the Model Risk Governance and Review Group which is responsible for end-to-end model risk management across the firm. As a Quant Model Risk Associate/VP you will assess and help mitigate the model risk of complex models used in the context of valuation, risk measurement, the calculation of...
-
(Immediate Start) Rates Model Risk Associate/VP
3 weeks ago
Mumbai, India JPMorganChase Full timeJob Description Job Description We are looking for a new member to join our Interest Rates team in the Model Risk Governance and Review Group which is responsible for end-to-end model risk management across the firm. As a Quant Model Risk Associate/VP you will assess and help mitigate the model risk of complex models used in the context of valuation, risk...
-
Pricing Model Validation Lead
1 day ago
Mumbai, India Deutsche Bank Full timeJob Title: Model Validation Lead- Derivative Pricing Corporate Title: VP Location: Mumbai, India Role Description Model Risk Management's mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for: Performing robust independent model validation; Ensuring early and proactive...
-
Pricing Model Validation Lead
2 days ago
Mumbai, India Deutsche Bank Full timeJob Title: Model Validation Lead- Derivative Pricing Corporate Title: VP Location: Mumbai, India Role Description Model Risk Management's mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for: Performing robust independent model validation; Ensuring early and proactive...
-
Mumbai, Maharashtra, India Deutsche Bank Full time ₹ 20,00,000 - ₹ 25,00,000 per year**Job Description:Job Title: Model Validation Investment Management Models, VPCorporate Title: VPLocation: Mumbai, IndiaRole DescriptionDWS Group (DWS) is one of the world's leading asset managers with EUR 841bn of assets under management (as of 31 March Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the...
-
Pricing Model Validation Lead
2 weeks ago
Mumbai, India Deutsche Bank Full timeJob Description Position Overview Job Title: Model Validation Lead- Derivative Pricing Corporate Title: VP Location: Mumbai, India Role Description Model Risk Management's mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for: - Performing robust independent model validation; -...
-
Model Validation
1 day ago
Mumbai, India Deutsche Bank Full timeJob Title: Model Validation - Investment Management Models, VP Corporate Title: VP Location: Mumbai, India Role Description DWS Group (DWS) is one of the world's leading asset managers with EUR 841bn of assets under management (as of 31 March 2023). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the...
-
Model Validation
2 days ago
Mumbai, India Deutsche Bank Full timeJob Title: Model Validation - Investment Management Models, VP Corporate Title: VP Location: Mumbai, India Role Description DWS Group (DWS) is one of the world's leading asset managers with EUR 841bn of assets under management (as of 31 March 2023). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the...
