Risk Quants Senior Analyst

NatWest Group; Gurugram District; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

NatWest Group in India seeks a Senior Risk Quantitative Analyst to join our Risk function. You'll work with quantitative analysts across asset classes to identify and assess diffusion models and pricer approximations, strengthening modelling capabilities and risk insights.

You will deliver model specifications, support mentoring, and help implement validated models, documentation for governance, and communicate with senior management.

Qualifications

• Degree in a quantitative discipline such as Engineering, Mathematics, Statistics, Finance, or Economics is mandatory.
• At least two years of relevant experience in a quantitative role.
• Strong analytical and numerical skills with expertise in statistics, probability, and data analysis.

Responsibilities

• Provide model, pricing and functional specifications for asset-class models and risk validation.
• Support a team of quantitative analysts and mentor junior staff.
• Deliver model documentation for governance and internal review.
• Assist IT with model implementation and post-implementation validation.

Skills

Quantitative analytics

Python programming

Statistical analysis

Problem solving

Strong communication

Attention to detail

Education

Quantitative degree

Job description

Join us as a Senior Risk Quantitative Analyst

• This is a great opportunity for someone with experience in a quantitative role to join our Risk function
• You’ll be working closely with quantitative analysts across asset classes to identify and assess diffusion models and pricer approximations
• Hone your analytical skills and advance your career in this fast paced, critical role
• We're offering this role at senior analyst level

What you'll do

This key role will see you providing model, pricing and functional specifications of the models for the various asset classes, and for the subsequent validation by risk analytics. We’ll also look to you to support to a team of quantitative analysts and technical specialists, providing quantitative and technical mentoring to help them develop in their roles.

Day-to-day, you’ll also be:

• Supporting a phased delivery of the simulation models and pricer prototypes
• Producing model documentation to be delivered to the PRA for internal review
• Advising senior management on and actively managing a project’s non-delivery risk
• Maintaining and making sure that adequate documentation is produced for governance
• Assisting our IT department in implementing the models, and overseeing the implementation of the functional specifications back-testing against the prototypes

The skills you'll need

We’re looking or someone with substantial experience in a quantitative role of specified asset classes, and experience in credit valuation adjustments, expected positive exposure, building valuation models, optimising pricing routines and computing efficiency.

You’ll have a proven ability to facilitate work across organisational boundaries, and you’ll be able to remove barriers that constrain performance excellence and make sure that quality improvements meet the needs and expectation of a diverse population.

We’ll also expect:

• At least two years of relevant experience
• Degree in a quantitative discipline such as Engineering, Mathematics, Statistics, Finance, or Economics is mandate.
• Strong analytical, problem-solving, and quantitative skills with expertise in statistics, probability, and data analysis.
• Proficiency in Python or similar programming languages for data analysis and model development.
• Good understanding of financial risk concepts, with strong attention to detail and effective communication skills.
• Significant experience in a banking or other financial institution
• The ability to recognise multiple relationships between problems, issues and situations