Head - Derivative Pricing Model Validation

Callisto Talent Solutions Share Show more options Head - Derivative Pricing Model Validation  Mumbai, Maharashtra, India · 4 hours ago · 1 applicant Promoted by hirer · No response insights available yet On-site Full-time Easy Apply Save Save Head - Derivative Pricing Model Validation  at Callisto Talent Solutions Your profile matches some required qualifications Show match details BETA Is this information helpful? Get personalized tips to stand out to hirers Find jobs where you’re a top applicant and tailor your resume with the help of AI. Reactivate Premium: 50% Off About the job Our client is a global financial services firm focused on businesses in Investment Banking, Asset Management, Private Wealth, and Hedge Fund services. Currently they are hiring a Director to join their Model Risk Management team focused on Derivative Pricing model validations. This is a senior leadership opportunity for a quantitative risk professional with deep expertise in derivatives pricing, model development, and independent model validation. The successful candidate will shape the strategic direction of model risk management, drive robust validation practices, and engage with senior business leaders, risk stakeholders, and regulators to ensure model integrity, sound risk governance, and regulatory compliance. Key Responsibilities: Define and drive the model risk management strategy for derivatives pricing models, aligned with business priorities, risk appetite, and evolving regulatory expectations.Lead independent validation and periodic reviews of pricing and valuation models across asset classes, including interest rate, FX, equity, credit, and commodity derivatives.Oversee the critical assessment of model assumptions, mathematical frameworks, numerical methods, calibration techniques, and pricing implementation.Ensure rigorous assessment of model limitations, sensitivities, hedging performance, valuation uncertainty, and model behaviour under stressed market conditions.Establish and enhance validation methodologies, documentation standards, governance frameworks, and controls in line with industry best practices and regulatory requirements. Requirements: Engineering graduate with 15+ years of experience in Model Risk Management, Quantitative Model Validation, or related quantitative risk functions within Investment Banking or Asset Management.Extensive expertise in derivatives pricing theory, quantitative modelling, and independent validation of complex financial models.Strong understanding of derivatives valuation methodologies, including numerical techniques, calibration frameworks, Greeks, hedging, and model sensitivities.Experience validating models across multiple asset classes, such as rates, FX, equity, credit, and commodities.Deep knowledge of model risk governance, validation frameworks, regulatory expectations, and model lifecycle management.Proven track record of leading, developing, and scaling high-performing quantitative teams in complex financial institutions.Demonstrated ability to challenge model developers constructively, exercise independent judgement, and influence senior stakeholders.