Modeling Centre of Excellence: Forecasting_ Executive Director

Testing Site - JPMC; Mumbai; On-site; INR 3,000,000 - 7,000,000; Full time

Job summary

J.P. Morgan in Mumbai seeks an Executive Director to lead the Modeling Centre of Excellence. You will develop quantitative methodologies to support planning and analysis for the Commercial & Investment Bank with a global presence, based in Powai.

You will design, engineer, industrialize and support the Quantitative Framework for planning, forecasting, and ad hoc analyses for senior management, with governance participation and change-control processes.

Qualifications

• 8–15 years of experience in R/Python statistical, analytical and machine learning libraries.
• Strong knowledge of probability theory and statistics.
• Experience managing diverse teams.
• Close attention to detail and ability to work to very high standards.
• Strong quantitative and analytical skills.
• Strong communication skills for presenting to senior stakeholders.
• Exposure to finance/actuaries/derivatives is preferred.

Responsibilities

• Perform data analysis with statistical and ML methods to build predictive models.
• Develop and implement models in R and Python; refine regression models.
• Translate business needs into quantitative analyses; present results to executives.
• Collaborate with CIB and Global Treasury to foster cross-team partnerships.
• Create metrics and prototypes to support business decisions.
• Lead ad-hoc projects for senior management or regulatory needs.
• Document code and tools; maintain user docs; ensure SIT/UAT and change controls.

Skills

R/Python

Statistics

Machine learning

Team management

Communication skills

Finance knowledge

Quantitative skills

Attention to detail

Stakeholder communication

Education

Finance/Quant degree

Tools

Python

R

Job description

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.

As an Executive Director within the Modeling Centre of Excellence team, you will be responsible in developing quantitative methodologies to support the activities of the global Commercial & Investment Bank Planning & Analysis Group (with presence in New York, London and Mumbai), sitting out of Commercial & Investment Bank Research & Analytics in Mumbai.

The incumbent will be working in a team of roughly 35 individuals and be responsible for the design, engineering, industrialization and support of the Commercial and Investment Quantitative Framework for the planning and forecast processes, ad hoc analysis for senior management and other strategic initiatives to support the businesses.

The team is based out of L&T office of J.P. Morgan in Powai, Mumbai.

Job Responsibilities:

• Perform in-depth data analysis, using statistical and machine learning modeling techniques (regression, decision tree, ECM, neural networks, regime switching, etc.), to creatively build predictive or explanatory models
• Devising/improving models on new/existing regression models. This includes coding the entire statistical methodology in R, Python
• Translate business needs into quantitative analyses and tools; communicate complex results to senior stakeholdersin a clear and precise manner
• Work independently and collaboratively to establish close partnerships with peers across the greater CIB organization and Global Treasury.
• Develop metrics and statistical model prototypes that can be used to drive business decisions.
• Lead and participate in ad-hoc projects as needed by senior management or regulatory initiatives
• Clearly document the code of the tools created; Publish and maintain clear user documentation; Write the official Model documentation and interact with the Model Governance group for review and approval; Ensure full SIT / UAT and Change controls of tools

Required qualifications, skills & capabilities:

• Experience of working on R/Python statistical, analytical and machine learning libraries of 8-15 years
• Experience of working on probability theory, statistics and machine learning
• Experience of managing teams with diverse skillsets
• Close attention to detail and ability to work to very high standards
• Strong quantitative and analytical skills
• Strong communication skills (both written and verbal) and ability to present findings to a non-technical audience
• Ideal candidates for these positions would be graduates/post-graduates with good academic records from esteemed universities with exposure to finance/actuaries/accounting & derivatives
• Strong knowledge of Banking, Equities, FX, Rates, Fixed Income or Commodities