FO Quant model development

1 - 6 years

2 Lacs

Posted:1 hour ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

SUMMARY

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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