Assistant Vice President - Quantitative Models - Treasury/ Behaviroral Models - Banking/Financial Services

Job location: [{"@type":"Place","address":{"@type":"PostalAddress","addressLocality":"Mumbai","addressCountry":"IN"}}] Work arrangement: Employment type: FULL_TIME Salary: "" Experience requirements: {"monthsOfExperience":60,"educational":{"credentialCategory":"bachelor degree"}} Education requirements: "" Description: We are hiring for a leading Investment bank based at Mumbai. Experience: 5 - 9 yrs in Model Development/Model Validation for financial Services in treasury models/ with good Python programming skills. Education: Masters / MBA in Economics, Mathematics, Statistics, Finance, Computer science from Tier 1 with good knowledge in Quant/ Treasury Models/ Liquidity models. Role & Responsibilities: - Developing Treasury Models/ PPNR/ IRRBB/ Interest risk - Development of econometric forecasting models for key Balance sheet and income statement line items for capital and business planning purposes. - Manage the model life cycle from first line of defense perspective and participate in Segmentation. - End-to-End model development includes econometric forecasting models for key Balance sheet and income statement line items for capital and business planning purposes. - Responsible for understanding changes to quantitative requirements published by MRM in Model Testing Guidance and presenting the key changes to senior model development leads. - Model governance and support includes reviewing and timely submission of model documentations such as Model development document. - Contribute to model convergence initiatives as part of firms Transformation journey for different businesses. - Domain knowledge and experience in PPNR, Fixed Income Securities, Mortgage Modeling, Deposit Modeling, Asset Liability Management, Interest Rate Risk.