Quantitative Risk Mgmt Analyst - Financial Risk Developer

TIAA; Mumbai; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

TIAA in Mumbai, India is seeking a Quantitative Risk Management Officer – Model Risk Management to join the Risk Data Analytics and Infrastructure team. You will build and validate risk models, focusing on Market Risk, Value-at-Risk, and product pricing systems.

The ideal candidate has hands-on experience with Python for financial risk modeling, strong communication skills, and a university degree in a related field.

Qualifications

• University Degree (Preferred).
• Strong knowledge of Python for financial risk analysis and modeling.
• Domain knowledge in Asset Management / Financial Risk Management, with data on equities and fixed income.
• Excellent verbal and written communication skills.

Responsibilities

• Market Risk Model Management
• Model Development and Validation
• Model Risk Assessment and Governance

Education

Bachelor’s in Information Technology or related fields

Tools

MSCI Risk Manager

FactSet

R

Tableau

Power BI

Oracle

MS SQL

MySQL

Job description

Quantitative Risk Management Officer – Model Risk Management

Undertake reviews and analysis across the portfolio for Market Risk. Develop and validate classic quantitative models, including investment risk, Value‑at‑Risk, and product pricing:

Key Responsibilities and Duties

• Market Risk Model Management
• Model Development and Validation
• Model Risk Assessment and Governance

Educational Requirements

• University Degree (Preferred)

Work Experience

• 3+ Years Required; 5+ Years Preferred

Physical Requirements

• Sedentary Work

Career Level

7IC

Job Description

This position requires the candidate to work with the Risk Data Analytics and Infrastructure team to build and enhance risk analytics systems, processes and reports to support the Enterprise Risk team at TIAA. The ideal candidate must have strong experience performing financial risk analysis and implementing models in Python.

Required Skills

• Bachelor’s in Information Technology or related fields
• Prior experience with Python for financial risk analysis and modeling
• Domain knowledge in Asset Management / Financial Risk Management, with deep understanding of financial products data (Equities, Fixed Income)
• Excellent verbal and written communication skills

Preferred Skills

• Experience building feeds to risk engines (MSCI Risk Manager, FactSet) using batch or service API
• Experience with R
• Experience with reporting or data visualization tools (Tableau or Power BI)
• Experience with relational databases (Oracle, MS SQL, MySQL)

Related Skills: Advanced Mathematics, Communication, Critical Thinking, Data Analysis, Financial Acumen, Financial Modeling, Market/Industry Dynamics, Model Validation, Prioritization, Problem Solving, Programming, Quantitative Analysis, Statistics.

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.