Derivative Pricing Analyst

Evalueserve; Gurugram District; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Evalueserve, Inc. in India invites a Senior Quantitative Developer with 5–8 years of experience to help develop, validate, govern, and enhance quantitative pricing models and libraries.

The role blends quantitative finance with software development, requiring strong C++ expertise and knowledge of option pricing and derivatives valuation. You will collaborate with quants, technology, and business teams to implement validation frameworks, support governance, automate workflows, and deliver

Qualifications

• Bachelor's or Master's degree in Quantitative Finance, Financial Engineering, Mathematics, Physics, Computer Science, Engineering, or related field.
• 5-8 years of experience in quantitative development, model validation, or pricing library development in financial services.
• Strong programming skills in C++, with experience in pricing libraries and systems.

Responsibilities

• Develop, maintain, and enhance quantitative pricing libraries and model infrastructure using Python/C++.
• Implement model validation tests, benchmarking frameworks, and governance controls.
• Prepare and maintain model documentation, validation evidence, and governance deliverables.
• Review and uplift existing pricing libraries to align with risk, control, and governance standards.
• Support validation and testing of pricing models across derivatives and structured products.
• Automate manual processes and develop tools to improve efficiency and scalability.

Skills

C++ programming

Python

Quantitative finance

Model validation

Pricing libraries

Education

Bachelor's or Master's degree in a related field

Job description

Job Summary

Evalueserve is seeking a highly motivated Senior Quantitative Developer (5-8 years' experience) to support the development, validation, governance, and enhancement of quantitative pricing models and libraries. The role combines quantitative finance, development, requiring strong expertise in C++, option pricing methodologies, and pricing library development. The successful candidate will work closely with teams to implement validation frameworks, strengthen model governance, and drive automation initiatives.

Key Responsibilities

• Develop, maintain, and enhance quantitative pricing libraries and model infrastructure using Python/C++.
• Implement model validation tests, benchmarking frameworks, and control processes to support model governance requirements.
• Prepare and maintain model documentation, technical specifications, validation evidence, and governance deliverables.
• Review and uplift existing pricing libraries to align with internal model risk, control, and governance standards.
• Support the validation and testing of pricing models across derivatives and structured products.
• Analyze model behavior, investigate discrepancies, and assist in the resolution of model-related issues.
• Automate manual processes and develop tools to improve efficiency, accuracy, and scalability of quantitative workflows.
• Participate in code reviews, testing, and deployment activities to ensure production-quality deliverables.
• Contribute to continuous improvements in quantitative development standards, documentation, and validation frameworks.

Required Qualifications

• Bachelor's or Master's degree in Quantitative Finance, Financial Engineering, Mathematics, Physics, Computer Science, Engineering, or a related discipline.
• Senior Quant Developer: 5-8 years of experience in quantitative development, model validation, or pricing library development within investment banking or financial services.
• Strong programming skills in C++, with experience working on quantitative libraries and pricing systems.
• Solid understanding of option pricing methodologies and derivatives valuation techniques.
• Experience with model testing, validation, benchmarking, and documentation.
• Strong analytical and problem-solving skills with attention to detail.
• Ability to work effectively in a cross-functional environment involving quant, technology, and business stakeholders.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.