IN-Manager_ Market Risk Quant_ Financial Services Risk_Advisory_Mumbai

Job Description & Summary: 

PwC India are seeking a skilled market risk quant with a strong understanding of the Market Risk, Asset Liability Management, Liquidity management, Derivative Pricing, VaR,, Treasury processes, Funds Transfer Pricing regulations. The individual should have expertise in quantitative modelling and knowledge of financial products in Treasury (derivative & fixed-income). 

Responsibilities: 

• Master’s degree in finance, Economics, Mathematics, Statistics, Financial Engineering or a related quantitative field, ensuring a strong foundation in complex financial modeling 

• Understanding of market risk concepts and regulations, particularly Fair Valuation, VaR,, Sensitivities, Collateral Risk Management, Hedge Effectiveness & Hedge Accounting 

• Understanding of Spot and Derivative markets operations for equities, interest rate, commodities and foreign exchange products and valuation of the OTC and structured products 

• Understanding of Financial Modelling, Asset & Liability Management (ALM) and Transfer Pricing 

• Knowledge of Treasury operations in Front-office, Mid-office and Back-office 

• Proficiency in programming languages such as Python/R for data analysis and modeling 

• Excellent verbal and written communication skills for effective articulation of complex quantitative concepts, and a collaborative approach for working in team environments with other analysts, risk managers, and IT professionals 

• Detail-oriented with strong organizational skills and ability to manage multiple priorities 

• 5+ years of experience in market risk/ALM/Liquidity  model development/validation 

• FRM/CQF/CFA certification would be a plus 

The candidate also needs to have proficiency in one of the following: 

Prior  experience in advising and implementing with Banks/ NBFCs/ Insurance / Corporate Treasury on the above areas  

Treasury middle office/front office preferably in a bank treasury– Sound understanding of policies, processes, procedures, quantifications and regulatory reporting requirements and preferably should have played a role in defining them  

The Individual 

Prior experiences in managing and motivating the team in risk related areas  

Strong ability to map client business requirements and convert the same to a viable business proposition 

Strong communication skills with client facing experience  

Ability to interact and make presentations at the CXO level  

Prior experience in working with Bloomberg / Reuters/ Other Valuation Tools is desirable 

Mandatory skill sets: 

Market Risk Quant 

Preferred skill sets: 

Liquidity 

Years of experience required: 

7+  Years 

Education qualification: 

Master’s or Ph.D. degree