Crest Ventures- Quantitative Risk Associate

Job Title: Quantitative Risk Associate

Location: Nariman Point, Mumbai

About the Company

Crest Ventures Limited is a diversified Non-Banking Financial Company (NBFC) headquartered in Mumbai. Registered with the Reserve Bank of India and listed on the National Stock Exchange of India and Bombay Stock Exchange, the firm operates across Real Estate, Financial Services, and Investments. Crest has a long-standing presence in Indian financial markets with a strong focus on disciplined risk management and long-term value creation.

Website: https://www.crest.in/our-compa...

LinkedIn Page: https://www.linkedin.com/compa...

Job Summary:

We are looking for a Quantitative Risk Associate to support market risk oversight for a quantitative FnO trading fund. The role involves real-time portfolio risk monitoring, intraday limit enforcement, and development of Python-based risk analytics, working closely with portfolio managers and traders in a fast paced trading environment.

Key Responsibilities:

• Monitor portfolio-level Greek exposures and enforce intraday risk limits

• Conduct drawdown, stress testing, VaR, and Expected Shortfall analysis

• Monitor volatility exposure, including skew and term-structure dynamics

• Develop and maintain Python-based risk analytics and reporting frameworks

• Support real-time risk monitoring and escalation during fast market conditions

• Incorporate liquidity and execution considerations into risk scenarios

• Account for NSE market structure, margining, and regulatory constraints

• Communicate risk insights clearly and challenge exposures when required

Qualifications & Experience:

• 5 - 7 years of experience in quantitative risk, derivatives analytics/market risk roles

• Strong understanding of options pricing models and Greeks

• Hands-on experience with VaR, stress testing, and scenario analysis frameworks

• Proficiency in Python for quantitative modelling and data analysis

• Solid foundation in statistics, probability, and quantitative methods

• Bachelor’s or Master’s degree in a quantitative discipline (e.g., Mathematics, Statistics, Engineering, Finance)

• Experience with derivatives markets and margining frameworks

• Exposure to large intraday datasets and/or real-time risk systems

Key Skills:

• Quantitative Risk Modelling

• Options & Derivatives Analytics

• Python (NumPy, Pandas, etc.)

• Market Microstructure Awareness

• Risk Reporting & Visualization

• Strong analytical thinking and problem-solving

• Clear communication and stakeholder management

What We’re Looking For:

• Detail-oriented and comfortable working in fast-paced trading environments

• Able to understand risk metrics and turn them into clear, actionable insights

• Takes ownership and is confident in questioning risk exposures when needed

• Collaborative approach to working with quants and senior stakeholders

What We Offer:

• Health insurance for spouse and kids

• Focus on employee learning and development

• Good working culture and office space

• Great employee engagement activities