Vice President/Director, Senior Quantitative Analyst

Location

Bangalore | India

Job description

Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide.

Our teams of experts in close to 30 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. Natixis CIB is committed to aligning its financing portfolio with a carbon neutrality path by 2050 while helping its clients reduce the environmental impact of their business.

As part of the Global Financial Services division of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d'Epargne retail networks, Natixis CIB benefits from the Group's financial strength and solid financial ratings (Standard & Poor's: A, Moody's: A1, Fitch Ratings: A+, R&I: A+).

In APAC, a Model Risk Management (MRM) team is being established and whose responsibility is to actively participate in the model validation and to work on the development of the MRM governance framework for the platform based on the global MRM policy and procedures.

The Quantitative Analyst in APAC will be responsible for validating models across GFS and maintain the APAC inventory.

The scope of this role mainly covers risk and valuation model validation consistently with MRM processes and procedures.

She/he will report directly to the Head of the APAC Model Risk Management.

As part of a global model risk management, the qualitative analyst in APAC must ensure

• good communication with the LoD1 and the MRM team globally
• the adequacy of the model(s) with the payoff from a valuation and hedging perspective
• a clear and concise documentation of her/his work review

Main Responsibilities:

His/her/their responsibilities will include but are not limited to:

• Assist and participate in Model validation
• Liaison with LOD1 on controls around model development, implementation, model use, and ongoing monitoring
• Assist in the development, implementation, and maintenance of a robust model risk governance framework
• Assist in other model governance activities at Natixis
• Adhere to the MRM policy, procedures, and handbooks

Required Skills:

• Master's Degree in Finance, Economics, Mathematics, Quantitative discipline or Statistics.
• Minimum of 10 years of experience in the banking industry with a proven experience of at least 3 to 5 years in the Model Risk Management (model governance, model validation, model design or quantitative).
• Proficiency in programming languages: C++, VBA XL, R
• Knowledge of banking and financial regulation in the MRM area (Federal Reserve Bank, Office of the Comptroller of the Currency Supervisory Letter 11-7). Knowledge of European (European Central Bank, European Banking Authority, European Securities Authority), and international (the Basel Committee, the International Swap Dealers Association) regulation is a plus.
• Strong organizational and analytical skills is a must.
• Excellent written and verbal communication skills.
• Ability to interact and work closely with business stakeholders at all levels of seniority.
• Ability to effectively handle a fast-paced environment and successfully meet established deadline requirements
• Self-motivated with the ability to work independently

Job tags

Salary