1 Risk Management jobs in Chennai
Senior Quantitative Analyst - Risk Management
600001 Chennai, Tamil Nadu
₹130000 Annually
WhatJobs
Posted 20 days ago
Job Viewed
Job Description
Our client is seeking a highly analytical and experienced Senior Quantitative Analyst to join their remote-first team, focusing on critical risk management functions within the Banking & Finance sector. This role is crucial for developing sophisticated models and methodologies to measure, monitor, and manage various financial risks. The ideal candidate will possess a strong quantitative background, advanced statistical modeling skills, and a deep understanding of financial markets and instruments. You will play a pivotal role in ensuring the firm's financial stability and compliance with regulatory requirements through robust risk assessment.
Key Responsibilities:
Key Responsibilities:
- Develop, implement, and validate complex quantitative models for market risk, credit risk, and operational risk.
- Utilize advanced statistical techniques and machine learning algorithms to analyze large datasets and identify risk patterns.
- Design and build stress testing scenarios and backtesting methodologies to assess model performance and robustness.
- Work closely with trading desks, portfolio managers, and other business units to understand their risk exposures and provide tailored analytical solutions.
- Contribute to the development and enhancement of risk management systems and infrastructure.
- Prepare comprehensive reports and presentations on risk metrics, model performance, and regulatory compliance for senior management and regulatory bodies.
- Stay current with industry best practices, regulatory changes (e.g., Basel III/IV), and emerging trends in quantitative finance and risk management.
- Collaborate with technology teams to implement and deploy models and analytical tools.
- Mentor junior quantitative analysts and provide technical guidance.
- Conduct ad-hoc analysis and research on specific risk-related topics as required.
- Advanced degree (Master's or Ph.D.) in a quantitative field such as Mathematics, Statistics, Physics, Economics, or Financial Engineering.
- Proven experience as a Quantitative Analyst, Risk Analyst, or similar role within the financial services industry.
- Expert proficiency in programming languages commonly used in quantitative finance, such as Python, R, C++, or MATLAB.
- Strong understanding of financial instruments, markets, and various risk management frameworks.
- Demonstrated experience in developing and implementing statistical models, including time series analysis, regression, Monte Carlo simulations, and machine learning techniques.
- Excellent analytical, problem-solving, and critical thinking skills.
- Strong communication and presentation skills, with the ability to explain complex quantitative concepts to non-technical audiences.
- Experience with data visualization tools and big data technologies is a plus.
- Familiarity with financial databases and risk management software.
- Ability to work independently and collaboratively in a remote environment.
This advertiser has chosen not to accept applicants from your region.
Be The First To Know
About the latest Risk management Jobs in Chennai !
0