Job Description

Location(s):

  • Quay Building 8th Floor, Bagmane Tech Park, Bengaluru, IN

Line Of Business: CSS(CSS)

Job Category:

  • Credit Analysis & Research

Experience Level: Experienced Hire

Skills and competencies

  • Programming Languages: Proficiency in R, Python, MATLAB, SQL, and preferably C++.
  • Model Validation Experience: Expertise in credit risk, counterparty credit risk, or market risk

Key Responsibilities:

  • Model Validation: Independent validation of models and scorecards for credit rating methodologies, ESG frameworks, and AI models.
  • Assessment: Evaluate model inputs, performance, assumptions, limitations, and weaknesses.
  • Replication and Development: Replicate models and develop challenger models for sensitivity and benchmarking analyses.
  • Documentation: Create validation test plans and draft detailed validation reports.
  • Ad-hoc Analyses: Perform additional analyses as needed

This role requires an individual that has the following attributes:

  • Organized and Efficient: Highly organized, detail-oriented, and accurate.
  • Multitasking: Excellent organizational skills, capable of prioritizing work effectively.
  • Pressure Management: Ability to work under pressure, meet tight deadlines, and manage time efficiently.
  • Communication: Strong English written and spoken communication skills, capable of working independently and collaboratively.

Qualifications and Experience:

  • Academic Background: Strong background in mathematics, physics, or engineering, preferably with a post-graduate degree.
  • Quantitative Finance: Deep understanding of quantitative finance, modeling, and model validation.
  • Experience: 2-4 years of experience in model development or validation roles within financial institution

About the team

We are seeking a dedicated and detail-oriented Quantitative Analyst/Senior Quantitative Analyst to join our team. The successful candidate will provide comprehensive support to the Methodology Review Group (MRG), focusing on model/scorecard validation and methodology reviews. The role involves validating models/scorecards used in credit rating methodologies across asset classes, including corporate finance, financial institutions, structured finance, and public and infrastructure finance.

Application Instructions

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!

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