Join our Regulatory & Financial Risk team in Bengaluru as a Manager specializing in Credit Risk Quantification. This role is integral to our Strategy, Risk & Transaction practice, focusing on mitigating risks and uncovering opportunities.

You will be instrumental in developing and validating sophisticated models for market risk, counterparty credit risk, and pricing. This includes hands-on experience with frameworks like FRTB IMA, SA, and Basel 2.5, as well as advanced quantitative techniques.

Key responsibilities include conducting independent reviews and validation of Market Risk models (FRTB, Basel 2.5, VaR, Expected Shortfall), Counterparty Credit Risk models (IMM, XVA, Margin models), and Stress Testing models (CCAR, DFAST, ICAAP).

You will also assess model inputs and assumptions, perform rigorous performance testing, and prepare comprehensive validation reports that meet regulatory expectations. This position requires meticulous review of model implementation to identify and address potential risks.

We are seeking candidates with a Master's degree in quantitative finance, Financial Mathematics, Statistics, Economics, Engineering, or an MBA, coupled with 5-8 years of relevant experience.

Demonstrated expertise in market risk models (VaR, FRTB), stress testing, and counterparty credit risk (SACCR, XVA, SIMM) is essential. A strong understanding of market and CCR metrics, stochastic calculus, probability theory, and statistical techniques is required. Certifications like FRM, CFA, or CQF are advantageous.