Risk Management Quantitative Specialist

1 day ago


Mumbai, Maharashtra, India The Edge Partnership Full time

The Edge Partnership is seeking a skilled Risk Management Quantitative Specialist to join our team. As a quantitative expert, you will play a vital role in identifying, quantifying, and monitoring market and counterparty credit risks for the Trading Desks.

Key Responsibilities:
  • Act as the 2nd Line of Defense (LOD) by conducting thorough risk assessments, implementing effective risk mitigation strategies, and ensuring prompt resolution of limit breaches, exceptions, or technical issues on a daily basis.
  • Assist in the preparation of periodic risk reports, review regulatory specifications, and conduct comprehensive testing of IT developments as required.
  • Develop Python-based tools for enhanced risk insights, maintain an understanding of trading strategies, products, and market dynamics, and recommend limits for assigned Desks.
  • Advise traders on risk management best practices, ensure prompt and accurate upload of limits, and provide training and support as needed.
Requirements:
  • 4-8 years of relevant experience in market or counterparty credit risk management
  • Bachelor's or Master's degree in quantitative disciplines such as applied or pure mathematics, engineering, or computer science
  • Proficiency in Python coding, along with a demonstrated understanding of techniques such as lattice methods, Monte Carlo simulations, Finite Differences, etc.
  • Familiarity with financial products across asset classes, their pricing models, risk methodologies (e.g., Value at Risk, Stress Testing), and the associated trade lifecycle process

We offer a competitive salary of approximately $120,000 per annum, commensurate with experience, and a comprehensive benefits package. If you are a motivated and experienced risk management professional looking to take your career to the next level, please submit your application.



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