Asset Risk Modelling Specialist

2 - 4 Years
Mumbai
Not Disclosed by Recruiter
Posted: 9 days agoOpenings: 1Job Applicants: 529Job Views: 854

Job Description

Position Overview

Candidate will be part of Data Modelling Team within Solutions Delivery. The individual will be responsible for owning and managing data modelling requests across MSCI analytical platforms. The candidate would establish best practices approach for modelling while also attending the specific use cases for analytics. The candidate will also be modeling structured products held in MSCI clients' portfolios and provide research based asset enrichment specification

Roles and Responsibilities

  • Day-to-day tasks will include valuating and validating individual security based on terms and conditions either from MSCI data management systems or from the clients directly, Modeling security payoff in MSCI proprietary valuation libraries, and calculating risk analytics for the modeled instruments. The candidate will be required to qualify analytics output to be in line with security payoff and to upload these analytics into MSCI risk application(s) once the check is complete.
  • Provide mapping specifications to development team to integrate cross platform analytical solutions
  • Discuss with multiple parties within and outside MSCI to suggest on best-practice modelling choices for the portfolio data
  • Model structured products held in MSCI clients' portfolios and calculating these securities sensitivities to risk factors and providing research based asset enrichment specification for wide range market-specific finance assets for MSCI financial risk management products.
  • Good understanding of the main valuation principles of financial instruments, ranging from plain vanilla bonds to complex barrier options, swaps,...,etc, for which payoff is linked to either single or basket of underliers, which is or is not expressed in a formula.
  • Conduct independent research to resolve issues in quantitative and qualitative scope for the major asset types on different markets, exchange traded or OTC.
  • Work with MSCI Research on formulating and documenting proxy solutions for various financial assets and outlining all captured and non-captured risks of using the proxy.
  • Deploy his IT skills to improve/automate tools of the team wherever is necessary.
  • Detail oriented enough to shoulder the non-trivial responsibility of improve many MSCI's RMA systems without jeopardize system safety, performance, and stability.
  • Desired experience and Qualifications

    • Possess an analytical degree (Financial Engineering, Math, Physics, or Engineering etc) coupled with some IT skills. 3~5 years' experience within the financial sector is expected, preferably in a quantitative analyst role with knowledge of fixed income and derivatives valuation theory, pricing of assets.
    • Each project is highly visible within MSCI, as well as within the client's organization; therefore, the demands on the Associate will be high, and he / she should be able to prioritize demands quickly, be very organized with running multiple projects simultaneously and be able to work well under pressure and with other staffs.
    • In addition to the analytical and financial skills, programming experience with Excel-VBA, Python, SQL is preferred, Java, Matlab is appreciated, with expertise weights on financial analytical skills at 90% of job requirements.
    • Candidates with RiskManager and BarraOne experiences are highly preferred.
    • Finally, excellent written and verbal knowledge of English language is necessary.

    Salary: Not Disclosed by Recruiter

    Industry:Banking / Financial Services / Broking

    Functional Area:Other

    Employment Type:Full Time, Permanent

    Keyskills

    Desired Candidate Profile

    Please refer to the Job description above

    Education-

    UG:B.Tech/B.E. - Any Specialization

    PG:MBA/PGDM - Finance, Any Specialization

    Doctorate:Doctorate Not Required

    Company Profile

    MSCI Services Pvt. Ltd.

    For more than 40 years, MSCI's research-based indexes and analytics have helped the world's leading investors build and manage better portfolios. Clients rely on our offerings for deeper insights into the drivers of performance and risk in their portfolios, broad asset class coverage and innovative research. Our line of products and services includes indexes, analytical models, data, real estate benchmarks and ESG research. MSCI serves 98 of the top 100 largest money managers, according to the most recent P&I ranking.

    For more information, visit us at www.msci.com.
    View Contact Details+

    Contact Company:MSCI Services Pvt. Ltd.

    Email :reecha.mahajan@msci.com

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