Lead Analyst/Manager - Market Risk

  • Gurugram
  • Evalueserve India
Elevate Your Impact Through Innovation and Learning Evalueserve is a global leader in delivering innovative and sustainable solutions to a diverse range of clients, including over 30% of Fortune 500 companies. With a presence in more than 45 countries across five continents, we excel in leveraging state-of-the-art technology, artificial intelligence, and unparalleled subject matter expertise to elevate our clients' business impact and strategic decision-making. Our team of over 4,500+ talented professionals operate in 45 countries, including major centers in India, China, Chile, Romania, and North America. Evalueserve is proud to be recognized as a Great Place To Work®, offering a dynamic, growth-oriented, and open culture that prioritizes a flexible work-life balance, diverse and inclusive teams, and equal opportunities for all. At the core of our commitment to employee development is Evalueserve University, our on-demand learning platform that provides access to a wealth of resources and global project experiences. We believe that by nurturing our employees' growth and empowering them with the necessary tools, we can create award-winning outcomes and elevate their careers, regardless of their backgrounds or locations. Join Evalueserve and become part of our mission to drive impactful outcomes through innovation, collaboration, and continuous learning. Together, we can make a difference and elevate our impact. Department: Financial Services Nature of Job - Permanent Designation - Lead Analyst/Manager Important responsibilities in this role will include: • Review and validate front office derivative pricing and market risk models across asset classes • Develop and validate risk modelling frameworks for both market risk and counterparty credit risk. Development and Implementation of benchmark models and methodologies in C++, Python, R etc. • Perform Independent model testing and assess assumptions, limitations, and model framework • Develop, Implement, and backtest regulatory models such as IRRBB, FRTB, RNIV and VaR/ES. • Prepare coherent and comprehensive documentation reports. • Lead and mentor team of Analysts • Support model owners on model findings and validation queries Skills we are looking for: • Good knowledge of one or more asset classes (Equity, Rates, FX etc.) • Good experience in development/validation of derivatives pricing and market risk models • Good Knowledge of Financial Mathematics: Stochastic Calculus, Monte Carlo Methods, Numerical schemes of PDEs etc. • Knowledge in advanced derivatives modelling and knowledge of volatility models preferred. • Knowledge of market risk regulations and experience in implementation of regulatory models • Strong proficiency in one or more of the following programming languages C++, Python, R, MATLAB. • Strong regulatory understanding such as BASEL, CCAR, DFAST, CECL, SR-11/7 etc. • Understanding of market trends and demands in the financial services sector and issues faced by clients by staying abreast of current business and industry trends relevant to the client's business • Robust verbal, written and interpersonal communication skills. • Excellent presentation and report writing skills. • Self-starter with strong problem-solving skills • Project management and leadership qualities Qualification: • Bachelors/Masters in a quantitative discipline (Engineering, Maths, Physics, CS…) • Certifications such as CFA, FRM, CQF, IIQF is a plus In case you are not interested, kindly help us with the references. JOB APPLICANT PRIVACY NOTICE: By applying for a job application for any position at Evalueserve, you acknowledge and agree that Evalueserve will collate and process your personal data for the recruitment purpose. The personal and sensitive personal data will be processed (which includes, in particular collecting, storing, utilizing, processing, sharing or transferring) by Evalueserve strictly on a need-to-know basis and retained until required for legitimate business purposes. For more details, please visit Evalueserve’ s website and privacy policy on the homepage. To Know More: Follow us on: https://www.linkedin.com/company/evalueserve/ Read about us: https://www.evalueserve.com/