Assistant Vice President – Quantitative Models – Treasury/PPNR Mastermind Network

The Corporate Institute; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

The Corporate Institute in Mumbai is hiring for a senior role focused on model development and validation for treasury models. The ideal candidate has 5-9 years of experience and strong Python skills, with a Masters/MBA from a Tier-1 institution in a quantitative field.

Responsibilities include developing treasury models such as PPNR and interest rate risk, econometric forecasting for balance sheet items, and managing the model lifecycle with governance and documentation compliance for capital

Qualifications

• 5-9 years of experience in model development/validation for financial services.
• Strong Python programming skills.
• Masters or MBA from Tier-1 institution with quantitative focus.
• Experience with treasury models/ liquidity models is preferred.

Responsibilities

• Develop Treasury Models such as PPNR, IRBB, Interest rate risk.
• Build econometric forecasting models for balance sheet and income statement for planning.
• Manage the model lifecycle from first line of defense and support segmentation.
• End-to-end model development includes econometric forecasting for capital and planning items.
• Ensure model documentation and governance are maintained and updated.
• Contribute to model convergence initiatives during transformation.

Skills

Python programming

Education

Masters/MBA in Economics

Job description

Description :

We are hiring for a leading Investment bank based at Mumbai

Experience :

5-9 yrs in Model Development/Model Validation for financial Services in treasury models/ with good Python programming skills

Education :

Masters / MBA; in Economics, Mathematics, Statistics, Finance, Computer science From Tier 1 with good knowledge in Quant/ Treasury Models/ Liquidity models

Role & Responsibilities :

• Developing Treasury Models/ PPNR/ IRBB/ Interest risk /
• Development of econometric forecasting models for key Balance sheet and income statement line items for capital and business planning purposes
• Manage the model life cycle from first line of defense perspective and participate in Segmentation
• End-to-End model development includes econometric forecasting models for key Balance sheet and income statement line items for capital and business planning purposes.
• Responsible for understanding changes to quantitative requirements published by MRM in Model Testing Guidance and presenting the key changes to senior model development leads
• Model governance and support includes reviewing and timely submission of model documentations such as – Model development document
• Contribute to model convergence initiatives as part of firms Transformation journey for different businesses.
• Domain knowledge and experience in PPNR, Fixed Income Securities, Mortgage Modeling, Deposit Modeling, Asset Liability Management, Interest Rate Risk,