Quantitative Modeling Specialist

15 hours ago


Mumbai, Maharashtra, India beBeeModeling Full time ₹ 12,00,000 - ₹ 36,00,000
Quantitative Modeling Specialist

Job Summary:

As a Quantitative Modeling Specialist, you will be responsible for evaluating the soundness of model specifications, performing independent testing, and designing experiments to measure the potential impact of model limitations. You will also document review findings, communicate with stakeholders, and provide guidance on the appropriate usage of models.

Responsibilities:

  • Evaluate conceptual soundness of model specifications and reasonableness of assumptions
  • Perform independent testing by replicating or building benchmark models
  • Design and implement experiments to measure the potential impact of model limitations, parameter estimation errors, and deviations from model assumptions
  • Evaluate risks posed by non-transparent model parameters and suggest ways to mitigate such risks
  • Document review findings and communicate them to stakeholders
  • Provide guidance on the appropriate usage of models to developers, users, and other stakeholders
Requirements:Qualifications and Skills:
  • Master's degree in a quantitative discipline such as Math, Physics, Engineering, Computer Science, Economics, or Finance with minimum 3 years of relevant working experience or a PhD
  • Excellence in probability theory, stochastic processes, statistical/economic modeling, partial differential equations, and numerical analysis
  • Understanding of options and derivative pricing theory and risks
  • Proficient in Python, R, Matlab, C++, or other programming languages
  • Risk and control mindset: ability to ask incisive questions, assess materiality of model issues, and escalate issues appropriately
Preferred Qualifications and Skills:

Knowledge of machine learning is not required but a plus



  • Mumbai, Maharashtra, India beBeeModelRiskGovernance Full time ₹ 1,50,00,000 - ₹ 2,50,00,000

    Quantitative Model Risk GovernanceThis exciting opportunity will have you instrumental in managing business growth responsibly by anticipating and addressing emerging risks.You will work closely with the Business to provide a comprehensive view and be a key player in Risk Management and Compliance.Evaluate the conceptual soundness of model specifications,...


  • Mumbai, Maharashtra, India beBeeModeling Full time ₹ 22,00,000 - ₹ 2,48,10,000

    Quantitative Modeling SpecialistWe are seeking a highly skilled Quantitative Modeling Specialist to join our team. The successful candidate will be responsible for designing, developing, and deploying advanced AI/ML models to derive actionable insights, automate processes, and facilitate strategic decision-making across various business units.Main...


  • Mumbai, Maharashtra, India beBeeQuantitative Full time ₹ 1,50,00,000 - ₹ 2,50,00,000

    Job Description:"> The Quantitative Research Analyst role involves the development, implementation, and maintenance of sophisticated quantitative models that drive our alternative investment approach. Responsibilities include model development, data infrastructure management, strategy testing, risk management, and technology. ">Key Responsibilities: ">...


  • Mumbai, Maharashtra, India beBeeModeling Full time ₹ 1,57,50,000 - ₹ 2,02,50,000

    Mathematical Modeling SpecialistWe are seeking an experienced Mathematical Modeling Specialist to join our team in a challenging and dynamic area.The successful candidate will be responsible for developing and maintaining sophisticated mathematical pricing models, as well as cutting-edge methodologies.Key ResponsibilitiesAlgorithmic Trading Strategies:...


  • Mumbai, Maharashtra, India JPMorgan Chase Full time

    Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging areaAs a Developer algorithm quant- Associate in the Quantitative Research Strategic Indices team you will be responsible for developing and maintaining new and existing algorithmic trading strategies understanding valuation and risk management of...


  • Mumbai, Maharashtra, India beBeeMathematician Full time ₹ 70,00,000 - ₹ 2,50,00,000

    Quantitative Research OpportunitiesWe are seeking a highly skilled Quantitative Research professional to join our team. As a key member of our Quantitative Research team, you will play a vital role in developing and maintaining sophisticated mathematical models that drive business growth and innovation.Key Responsibilities:Our ideal candidate will have a...


  • Navi Mumbai, Maharashtra, India beBeeRisk Full time US$ 90,000 - US$ 1,20,000

    Quantitative Risk ManagerThis is an exciting opportunity to join our team as a Quantitative Risk Manager.As a key member of the Risk Quant team, you will play a crucial role in validating pricing models for derivatives products across various asset classes. You will also provide quantitative support to front and middle office teams with respect to valuations...


  • Mumbai, Maharashtra, India beBeeRisk Full time ₹ 1,74,00,000 - ₹ 2,04,00,000

    Risk Model Development ExpertAs a Risk Model Development Expert, you will play a key role in enhancing the bank's risk management capabilities by designing and implementing cutting-edge risk models. You will work closely with cross-functional teams to gather requirements, analyze data, and develop models that accurately capture risks while considering system...


  • Mumbai, Maharashtra, India beBeeFinancial Full time ₹ 2,00,00,000 - ₹ 2,50,00,000

    As a Quantitative Analyst, you will play a crucial role in assessing and managing financial risks at our organization. Our team is responsible for developing and implementing risk models to ensure the accuracy and integrity of risk-related data.We value ethical behavior and diversity, and our development strategy is guided by three key pillars: Mutual...


  • Mumbai, Maharashtra, India beBeeSoftware Full time ₹ 18,00,000 - ₹ 25,00,000

    Job OverviewAs a high-performing technology team member, you will support our risk and analytics platform by building sophisticated models, simulations, and visualization tools using MATLAB and other programming languages.Our globally distributed environment fosters collaboration with researchers, quantitative analysts, and software engineers to develop...