Quantitative Credit Risk Specialist

6 days ago


Mumbai, Maharashtra, India People Realm Recruitment Services Private Limited Full time

At People Realm Recruitment Services Private Limited, we are seeking an exceptional Quantitative Credit Risk Specialist to join our esteemed client's Risk Management Division.

About the Role

We are looking for a highly skilled and experienced Quantitative Credit Risk Specialist to work within the Risk Methodology team. The successful candidate will be responsible for developing quantitative methodologies used to measure counterparty credit risk, providing analysis and consultation on credit risk quantification, and participating in global efforts on modelling credit risk exposure.

The role requires close collaboration with model Global development teams on the implementation of models and systems, as well as working on various regulatory requirements including backtesting, model reviews, calibration, user acceptance testing, and documentation of models.

The ideal candidate will have a strong background in quantitative finance, with hands-on experience in Python programming and knowledge of stochastic calculations, Black Scholes, Hull & White models, and Monte Carlo simulations.

A bachelor's or master's degree in any quantitative sciences or STEM field is required.

Responsibilities
  • Develop quantitative methodologies to measure counterparty credit risk
  • Provide analysis and consultation on credit risk quantification
  • Participate in global efforts on modelling credit risk exposure
  • Collaborate with model Global development teams on model implementation and system integration
  • Work on various regulatory requirements, including backtesting, model reviews, calibration, user acceptance testing, and documentation of models
Requirements
  • 2-6 years of experience in quantitative finance
  • Hands-on experience in Python programming
  • Strong knowledge of stochastic calculations, Black Scholes, Hull & White models, and Monte Carlo simulations
  • Bachelor's or master's degree in quantitative sciences or STEM field
What We Offer

We offer a competitive salary of ₹15,00,000 - ₹30,00,000 per annum, commensurate with experience, plus benefits and opportunities for growth and professional development.



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