Deputy Manager- Risk Management (Software Developer/ programmer in Python and VBA) , Mumbai
Job Description:
Risk Management
Required Qualification:
1. Bachelors in Engineering Discipline with courses in programming taken as part of the curriculum.
2. Proficiency in using Excel (including VBA), Python at advanced level is a prerequisite.
Knowledge of R will be an advantage.
3. Post-graduate degree in Management (finance specialization) / working in capital markets domain.
4. Certifications like FRM / CFA will be an advantage.
5. Minimum 5 years job experience.
Skill, Knowledge & Trainings:
1. Work Experience in software development post B. Tech /B.E degree.
2. Proficiency in programming (Python and VBA are a must, R or MATLAB will be an added advantage)
3. Knowledge of Capital market, risk management fundamentals, derivatives pricing (e.g., options, swaps)
4. Knowledge of Valuation models for fixed income and foreign currency products
5. Knowledge of Statistics, data collection, analysis, interpretation and data presentation
6. Ability to create test cases for System testing
7. Work on optimization algorithms will be an advantage
8. Ability to work independently on short term projects around analysis and research
9. Ability to coordinate with multiple stakeholders, members, IT vendors and internal teams
for facilitation of projects
AREA OF WORK KEY RESPONSIBILITY
Development and enhancements of models to be used for valuation and margining in various segments
Design, implement, and validate risk models and apply statistical techniques for managing market and operational risk.
Software Development and Testing
a) Rigorous testing of the Risk Management software for valuation, margining, back-testing and stress testing.
b) Systematic documentation of test conditions, test cases and findings.
c) Writing and maintaining production- ready code in Python
d) Automation using Python and integration with existing systems
e) Developing and maintaining Excel/VBA and macros for quick prototyping and integrate with Python-based backends.
Company Profile
RBI Bank created group which is leading Financial company into --- and settlement functions provide guaranteed --- and settlement functions for transactions in Money, G-Secs, Foreign Exchange and Derivative markets. It also provides non-guaranteed settlement for Rupee interest rate derivatives and cross-currency transactions through --- CLS Bank. It has also set up a Trade Repository to enable financial institutions to report ---ir transactions in OTC derivatives.
Apply Now
- Interested candidates are requested to apply for this job.
- Recruiters will evaluate your candidature and will get in touch with you.