Fixed Income Quant Research AnalystAssociate

Job Title : Fixed Income Quant ResearchAnalyst/Associate

Experience : 1 to 7 Years

Location : Mumbai

Roles & Responsibilities

• Develop and maintain pricing and risk models for fixed income and financial products.
  
• Build models for bonds bond derivatives repos bond futures options and related products.
  
• Implement quantitative and financial models in C.
  
• Design and enhance robust scalable and maintainable pricing libraries.
  
• Work closely with Traders and Structurers to support new products and trades.
  
• Develop efficient methodologies for calculating Greeks and risk measures.
  
• Perform quantitative analysis using mathematical and numerical methods.
  
• Use Python VBA and Excel for prototyping analysis and desk-facing tools.
  
• Take end-to-end ownership of models including development documentation testing and monitoring.
  
• Monitor model performance and resolve pricing risk and model-related issues.
  
• Collaborate with Risk IT Model Validation Internal Audit and other stakeholders.
  
• Explain complex quantitative models and concepts to technical and business stakeholders.
  
• Contribute to pricing systems development and technology enhancements.

• Degree in Computer Science Mathematics Statistics Physics Financial Engineering
  Electrical/Electronics Engineering or a related quantitative field.
  
• Strong C programming and Object-Oriented Programming (OOP) skills.
  
• Strong understanding of quantitative modelling and financial mathematics.
  
• Knowledge of fixed income products bonds and bond-related derivatives.
  
• Understanding of derivatives pricing risk modelling and Greeks.
  
• Good knowledge of calculus linear algebra probability stochastic processes and numerical methods.
  
• Familiarity with Python for prototyping and analysis.
  
• Familiarity with VBA/Excel is an added advantage.
  
• Strong analytical problem-solving and critical-thinking skills.
  
• Excellent attention to detail.
  
• Ability to develop clean robust and maintainable production-quality code.
  
• Strong communication and stakeholder-management skills.
  
• Ability to work effectively with Trading Risk IT and other cross-functional teams.
  
• Interest in using AI-assisted coding tools while maintaining high standards of code quality and correctness.

Required Skills:

Strong CStrong Pricing Model DevelopmentModel DevelopmentOption Pricing ModelsBond Pricing