Quantitative Risk Modeling Specialist

1 week ago


Gurgaon, Haryana, India Evalueserve Full time
About the Role

Evalueserve is a global leader in delivering innovative and sustainable solutions to diverse clients, including over 30% of Fortune 500 companies. With presence in more than 45 countries across five continents, we leverage state-of-the-art technology, artificial intelligence, and unparalleled subject matter expertise to elevate our clients' business impact and strategic decision-making.

As a Quantitative Risk Modeling Specialist, you will be part of our fast-growing Risk and Quant Solutions (RQS) team, addressing some of the world's largest financial needs with technology-proven solutions. You will solve banking challenges and improve decision making with award-winning solutions.

We offer a dynamic, growth-oriented, and open culture that prioritizes flexible work-life balance, diverse and inclusive teams, and equal opportunities for all.

Responsibilities
  • Perform various initial and/or ongoing model validation tasks independently or in collaboration with senior quants in New York and London – Create approach note and testing plan for validation of the assigned model; Decide upon appropriate methodology for benchmarking and challenger models.
  • Conduct qualitative review of the model; examine documentation for detailed description of the theory, references to the base model, product description, mathematical and technical parameter.
  • Develop and code challenger models for benchmarking and for validation of high-risk model.
  • Review model implementation into the production code; Perform additional testing.
  • Perform direct and indirect validation of calibration in the models.
  • Conduct model risk analysis, stress testing and other tests under different scenarios.
  • Draft a validation report with executive summary with approval/disapproval, restrictions on model usage; summary of findings and remediation plans.
Requirements
  • A master's or bachelor's degree in applied quantitative discipline (e.g. Econometrics, Statistics, Financial Mathematics, Physics or Engineering)
  • Sound knowledge of stochastic calculus, statistical and econometric concepts and their application in risk model development.
  • Ability to think out of the box and work on models not encountered before.
  • Programming skills are essential for the role. Strong knowledge in one or more of the following programming languages Python, R, Matlab.
  • Experience with QuantLib and other open source quant libraries is a plus.
  • Working knowledge of C++ gained in the industry.
  • Ability to articulate ideas and make recommendations.
  • Proficiency in developing and giving presentations.
  • Strong oral and written communication skills, including the ability to document and present model development process and analytical results suitable for audiences of all technical levels.
  • Strong analytical and interpersonal skills
What We Offer

We offer a competitive salary of approximately ₹12,50,000 per annum, along with benefits such as flexible work arrangements, professional growth opportunities, and a collaborative work environment.



  • Gurgaon, Haryana, India Comviva Technologies Full time

    About Comviva TechnologiesWe are a mission-driven team focused on driving financial inclusion for underserved individuals. Our team consists of finance, analytics, and technology professionals working together to create a more inclusive finance industry.Job Title:Risk Model Development SpecialistJob Summary:We're seeking a Risk Model Development Specialist...


  • Gurgaon, Haryana, India Dhani Full time

    At Dhani, we are seeking a highly skilled Quantitative Risk Analyst to manage and optimize our algo trading strategies on XTS or similar platforms.We require an individual with hands-on experience in algo trading platforms, preferably XTS, and a strong background in risk management across Equity, Derivatives, Currency, and Commodities.The ideal candidate...


  • Gurgaon, Haryana, India Estee Advisors Private Limited Full time

    Company OverviewEstee Advisors Private Limited is a rapidly growing company in the field of quantitative finance.We are looking for a skilled Quantitative Finance Specialist to join our team. As a specialist, you will be responsible for designing and implementing mathematical models for fundamental valuation of securities.Estimated Salary: ₹1,200,000 -...


  • Gurgaon, Haryana, India StashFin Full time

    Job Overview">This role will work within the Model Development function at StashFin and focus on developing, calibrating, implementing and monitoring risk models across business functions. The successful candidate will bring domain/quantitative best practices to build and implement risk models.Responsibilities:">Develop and implement risk models for lending...


  • Gurgaon, Haryana, India Acuity Knowledge Partners Full time

    Job Description: We are seeking an experienced Lead Quantitative Analysis Specialist to join our team at Acuity Knowledge Partners. As a key member of our Private Equity and Private Credit financial modelling team, you will be responsible for leading complex financial modelling assignments and developing effective strategies for our clients.Key...


  • Gurgaon, Haryana, India Taurus Mutual Fund Full time

    Job SummaryTaurus Mutual Fund is seeking a Risk Management Specialist to join our team. As a key member of the investment team, you will be responsible for managing investment risk, analyzing market trends, and making informed investment decisions.Responsibilities:Develop and implement effective investment strategies.Monitor and manage investment...


  • Gurgaon, Haryana, India Acuity Knowledge Partners Full time

    Job SummaryWe are seeking a highly skilled Quantitative Analyst and Business Modeller to join our team at Acuity Knowledge Partners.About the RoleThis is an exciting opportunity for a talented individual to work in a dynamic environment, supporting our clients across multiple industries. As a Quantitative Analyst and Business Modeller, you will be...


  • Gurgaon, Haryana, India Brick2Wall Full time

    Company Overview:Brick2Wall is a leading global trading house with headquarters in Gurugram and offices in Chennai & Singapore. Our mission is to create value for stakeholders by reducing operational and financial inefficiencies across industries. We solve complex information asymmetry and orchestrate the supply chain, leveraging engineering, data analytics,...


  • Gurgaon, Haryana, India Crisil Limited Full time

    At Crisil Limited, we are seeking a highly skilled Credit Risk Specialist to join our team. As a key member of our research department, you will be responsible for undertaking in-depth credit analysis and financial modeling to support our clients' investment decisions.The ideal candidate will have a strong background in leveraged finance credit monitoring,...


  • Gurgaon, Haryana, India Evalueserve Full time

    Position SummaryEvalueserve is seeking a Lead Quantitative Finance Specialist to join our team. This role will involve leading projects and managing a team of index quants. The successful candidate will have a strong background in quantitative finance, with experience in developing and implementing QIS strategies across various asset...


  • Gurgaon, Haryana, India Talent Ro Full time

    Job Title: Credit Risk SpecialistJoin Talent Ro as a Credit Risk Specialist and play a key role in driving business growth while minimizing risk exposure. In this role, you will develop and implement risk strategies that ensure accurate risk assessment and mitigation.About the Job:Develop and implement risk models and policies to ensure accurate risk...


  • Gurgaon, Haryana, India Acuity Knowledge Partners Full time

    Job DescriptionWe are seeking a seasoned Senior Financial Modeling Specialist to join our Private Equity and Private Credit financial modeling team in Gurgaon. As a key member of the team, you will be responsible for developing results-driven strategies for clients, including financial spreading and modelling, critical industry or market analyses,...

  • Quantitative Trader

    2 weeks ago


    Gurgaon, Haryana, India DigitalCube Consultancy Full time

    DigitalCube ConsultancyJob Description:We are seeking a skilled Quantitative Trader to join our team at DigitalCube Consultancy. As a Quantitative Trader, you will be responsible for developing and implementing quantitative trading strategies in the Indian high frequency trading market.Key Responsibilities:Develop trading strategies using historical data,...


  • Gurgaon, Haryana, India Stride Ventures Full time

    About the RoleStride Ventures is seeking a skilled Debt Investment Risk Specialist to lead our risk management efforts for venture debt investments. The successful candidate will have a strong background in risk assessment, credit analysis, and financial modeling.In this role, you will work closely with our investment team to identify and mitigate potential...


  • Gurgaon, Haryana, India Trillionloans Full time

    At Trillionloans, we're looking for a skilled Risk Expert and Data Insights Specialist to join our team. This is a challenging role that requires expertise in data analysis and risk management.In this position, you will be responsible for conducting detailed loan data analysis and creating insights around various risk dimensions. You will also compute...

  • Risk Model Developer

    2 weeks ago


    Gurgaon, Haryana, India Comviva Technologies Full time

    About the Role">This role is a key member of our machine learning team, responsible for developing and deploying cutting-edge models/algorithms to assess risk, churn and uptake across the customer life cycle.">Responsibilities">- Develop innovative credit risk / churn / usage models using mobile wallet transaction data, call data, telecom usage data,...


  • Gurgaon, Haryana, India DigitalCube Consultancy Full time

    Quant IndiaWe are looking to add experienced quantitative traders to work on quantitative strategies in Indian high-frequency trading in equity and commodity markets. With a strong focus on data analysis, idea generation, model creation, and live trading on in-house infrastructure, this role offers the opportunity to develop trading strategies that drive...


  • Gurgaon, Haryana, India Marketopper Securities Pvt Ltd Full time

    About Marketopper SecuritiesWe are a pioneer in quantitative trading in India, combining financial market research with Mathematics and advanced computation to develop and implement trading systems that consistently generate superior risk-adjusted returns.Our team collaborates with experienced quantitative analysts on financial market analysis and algorithm...


  • Gurgaon, Haryana, India Crisil Limited Full time

    Crisil Limited - Job DescriptionAbout the Role: We are seeking a highly skilled Credit Risk Specialist to join our team in India. The successful candidate will have good experience in leveraged finance credit monitoring, quarterly monitoring and annual risk assessment memos.Key Responsibilities:Preparing opinion-based credit reports and financial models...


  • Gurgaon, Haryana, India Crisil Limited Full time

    Career HighlightsSenior Credit Risk Specialist with Crisil Limited is an exciting opportunity to utilize your analytical skills in assessing corporate credit risk. With a strong background in leveraged finance, you will play a key role in monitoring quarterly performance and conducting annual risk assessments for assigned credits/companies.Key...