Senior Model Risk Specialist

1 day ago


Mumbai, Maharashtra, India beBeeModelRisk Full time ₹ 1,80,00,000 - ₹ 2,40,00,000

Global Model Validation Expert - Derivative Pricing

  • A key objective of this role is to ensure that derivative models are accurately pricing and managing risk.

  • The successful candidate will work closely with the pricing validation team, applying mathematical models and implementation methods to identify potential model risks.

As a Quantitative Analyst in a global financial institution, you will be responsible for reviewing and analyzing derivative models for pricing and risk management across various markets. This requires a strong understanding of mathematical models, implementation methods, products traded in these markets, and associated risks.

Responsibilities include:

Key Responsibilities
  1. Designing and recommending Model Risk Appetite

  2. Effectively managing and mitigating Model Risks

  3. Establishing Model Risk metrics

  4. Implementing a strong Model Risk Management and governance framework

To succeed in this role, you should have a Master's degree in a quantitative discipline, such as Mathematical Finance or Statistics, and at least 5-8 years of experience in model development, market risk or model validation. Excellent communication skills are also essential.



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