Book a guidance call for IIQF Programs

SRM - Model Validation (Job ID : MV2014063)

Applications are invited for the position of "SRM - Model Validation" in a MNC Investment Bank.
Click here to Apply

    Key Responsibilities :
  • Review of the models that are not covered by the existing process (these are deemed to be low risk usually on the basis of materiality but may be complex trades)
  • System Integrity Testing – testing the behaviour of the approved models across all the strategic risk management systems. This includes vendor systems
  • Carrying out the re-review process for approved models by re-running tests, validating assumptions and updating the documentation

  • Qualifications/ competencies :
  • An advanced degree in Mathematics, Physics, Engineering, Computing or Finance - A PhD is preferred
  • The role requires solid experience in Mathematical Finance and Financial Modelling
  • Excellent communication skills, written and verbal, in English are a pre-requisite
  • Project management skills are essential, including being able to manage multiple projects across different regions, asset classes and people to tight deadlines
  • The role should provide quality assurance around the quality of the work produced by the Mumbai group. This will include providing technical feedback as well as ensuring all appropriate policies and guidelines have been followed
  • The Model Validation group is a global team and the functional management for Mumbai is in a substantially different time zone (New York). Good communication with the other centres by utilising all available methods

  • Potential for Progress :
  • The role will provide exposure to the complex instruments of a major financial firm and is an excellent platform for building a career in derivatives. Progress is available to more senior roles or to other roles in the investment bank both within Market Risk and the Front Office. Credit-Suisse is a strong supporter of internal mobility

Placement Program

IIQF provides placement assistance to all students who successfully complete its courses. We have an active placement program in place to provide job opportunities to our students in relevant areas. IIQF has been engaged by some of the top Wall Street Investment Banks for recruitment of personnel for their Quant teams. We receive enquiries from investment banks, investment analytics firms, hedge funds, broking houses, financial software companies and other financial institutions for placement of our students in their Quant teams.

Current Requirements

Our Industry Partners & Clients

Need Help?


You can call us on +91-8976993621 or email us your contact details if you would like a call back

(This service is normally available between 9.00 AM and 9.00 PM all the day. At all other times, please submit an email request.)