QR - Prime Services

Quantitative Research - Prime Services - VP Posting Description The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world. Clients turn to our industry-leading Markets, Sales and Research team to offer clients unique market insights on sectors and companies, and actionable ideas using research to make well-informed investment decisions. Teams understand products across asset classes and help clients structure solutions that manage risk, enhance yield and solve complex financial problems Job Description We are looking for a senior quant to join our Prime Finance team in Mumbai. The Prime Finance QR team's mission is to develop and maintain sophisticated mathematical models, cutting-edge methodologies and infrastructure to value and hedge financial transactions of vanilla flow products. You will be working with trading desks, product managers and technology to develop analytical tools and quantitative trading models. In addition you will be working with different control functions to make sure business is operating under established regulatory requirements. In addition, we are providing on job training, intensive internal classroom training, and online courses, all given by our experienced quants. Through the diversity of the businesses it supports and the variety of functions that it is responsible for, Quantitative Research group provides unique growth opportunities for you to develop your abilities and your career. We make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental and physical health needs or particular family considerations. If you are passionate, curious and ready to make an impact, we are looking for you. Your Impact You will work with senior stakeholders in the Prime Finance businesses, as well as technology and risk teams, to drive the implementation of sophisticated tools/analytics and advance their risk/pricing workflow. This requires the development of new innovative models, as well as enhancements to existing models, that cover the areas below. A strong technology team will work alongside the quant team. Required qualifications, capabilities, and skills • Develop mathematical/statistical models for Prime desks to enhance business revenue and profitability for stock borrow-loan, cash and synthetic financing books; • Devise solutions for systematic book management, improving the overall stability of our collateral and its respective uses; • Improve the risk & pricing workflow of our Synthetics desk through the development of innovative tools • Deliver quantitative analytics to the desks that drive decision making; • Maintain adequate control functionality; • Advanced degree (Masters, PhD, or equivalent) in Math, Sciences, Engineering or Computer Science; • Significant work experience in a related field; • Analytical, quantitative and problem-solving skills; Preferred qualifications, capabilities, and skills • Excellent communication and presentation skills, in particular to senior stakeholders; • Understanding of statistics and financial mathematics; • Financial knowledge of Delta 1 and Equity Derivatives product • Software design and development skills, particularly in Python or C++;. Team lead experience is desirable