Associate Quantitative Research- Modelling

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast-paced and challenging area As a quant professional, you will develop quantitative models across various asset classes including Rates, FX, Equities, Commodities, XVAs, and Credit. These models play a crucial role in calibrations, stressed valuations, quantifying model limitations, and other adjustments. They are primarily used for Independent Price Verification and fair value adjustments to ensure accurate recording of the firm's assets and liabilities. You are expected to work independently and lead the Quantitative Research agendas with multiple stakeholders such as Trading, Control Functions, IT, and Model Validation. Your responsibilities will include building analytics to calculate fair value and limitation adjustments, calibrating model parameters, and analyzing price dynamics of actual transactions in real-time against independent prices. You will also be involved in programming tasks, problem analysis, solution determination, code design, integration testing, and documentation. Collaboration with Model Risk Governance and Model Validation teams for model reviews and testing will be a key aspect of your role. You should be able to understand risks and issues associated with pricing models, develop model risk mitigation strategies, and provide quantitative analysis on ad hoc queries from stakeholders. Additionally, you will work with the Valuation Control Group to devise sophisticated methodologies for solving business problems within regulatory frameworks. The ideal candidate should be proficient in Mathematics, including stochastic calculus, probability, and statistics. Hands-on experience in programming, particularly Python, is required, while knowledge of C++ is advantageous. Practical experience in developing pricing models or enhancing existing quant models is preferred. Attention to detail, high-quality standards, and excellent verbal and written communication skills are essential. Previous experience of at least 2-3 years in similar roles in Quantitative Research and Model Development will be advantageous. Strong team skills in a multi-location setup are also necessary for this role.,