Job Description

About the Role
The roles involves working with an industry leading Corporate and Investment Bank in the CIB Markets support team which is part of the Front Office. Specifically, this team does Model Development and Maintenance (MDM) work supporting the Quantitative strategy team. The MDM team is an extension of the US Front Office team. The team works in various asset classes like Interest Rate, Credit, Equity, Commodity, FX and XVA on models that are used for pricing, risk management and stress testing. Work activities include but will not be limited to the data and code preparation, data analysis, model testing and documentation of assigned models.

Functional Responsibilities
Duties include, but are not limited to:
Participating in the creation, execution and development of Front Office test plans
Participation in the creation, execution and development of model monitoring plans
Checking the consistency and accuracy of quantitative models
Performing an extensive set of tests to ensure that Front Office models are robust, consistent and well-behaved under current and distressed market conditions. These activities are formally part of the model development process, and should not be confused with testing that is performed as part of the independent model validation process
Writing code (Python, Java, VBA, C etc.) and refactoring code after receiving approval to do so
Compiling and presenting results
Participating in the production of formal summary and analysis documentation and reporting
Actively participating and contributing in team discussions on project specific areas/assignments
Maintaining proper documentation of all processes and keeping the code up to date
Answering ad hoc questions from various stakeholders including US Front Office Quants, populating templates or creating new reports/extracts as requested by stakeholders

Essential qualifications/ Market skill set
A Masters or PhD in a quantitative field such as math, statistics, engineering, physics, economics, computer sciences, etc.
Computer programing skills (Python, VBA, C , Java or other programming languages)
Writing documents using Microsoft Office tools, LaTeX or other word processing programs
Ability to learn quickly and work collaboratively within a team in a dynamic and fast paced environment with multiple responsibilities but still following strict deadlines

Preferred Skills & Abilities
Strong mathematical, statistical, analytical and computational skills
Good knowledge of financial mathematics and financial models
Good verbal, written, presentation and interpersonal communication skills
Strong programing skills and use of software packages such as Python, VBA, C ,Java, R and SQL (Strong Python/Java full stack developers with good track record of 2 years will be given preference)
Eagerness to contribute collaboratively on projects and discussions
Education: Any Graduate
Industry: Financial Services/Stockbroking, Banking

Skills Required