FO Quant model development

7 days ago


Chennai, Tamil Nadu, India 3caf8206-56a1-47aa-8ff4-da67232fd205 Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Required qualifications (education)

  • Bachelor's (minimum) in Mathematical Finance, Financial Engineering, Applied Mathematics, Physics, or a related quantitative field
  • Degree from a top‑tier university (e.g., Russell‑Group, Ivy League, equivalent)
  • MSc/PhD desirable but not mandatory

Required work experience

  • ≥ 5 years of hands‑on model development for derivatives/structured products in
    at least one
    asset class
  • ≥ 5 years of production‑level C++ programming
  • Proficient in Python scripting for model calibration/automation
  • Delivered quant libraries with minimal bugs and positive feedback from trading, structuring, and valuation‑control teams
  • Experience with reserve methodology, model performance monitoring, and regulatory documentation

Requirements

  • Development of structured products (e.g., vol caps, credit‑linked notes, commodity spreads, hybrids) in any asset class
  • Exposure to quantitative investment strategies and their production implementation
  • Involvement in model governance (performance indicators, model‑risk reviews, remediation)
  • Familiarity with Git/Perforce and CI/CD pipelines for library releases
  • Knowledge of relevant regulatory frameworks (BCBS, ICAAP, local guidelines)
  • Strong collaboration skills with trading, product control, risk, and IT teams


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