Quantitative Analyst - Risk Management

Department Icon Data Science Analytics & Machine Learning
Posted: 1 year ago
3-5 years
Bangalore
Data Science Analytics & Machine Learning
Work From Office
Full Time
Upto ₹0 - ₹0

Posted: 1 year ago
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Posted over 15 days ago, so the role may have closed. Confirm on the employer's page when you apply, or see similar jobs.

Job Description

What role you will play in team: You will develop and implement quantitative models for risk assessment and management in the financial services industry.

What you will do: You'll be building statistical models to assess and mitigate financial risks. You will also work with large datasets.

Key responsibility:

  • Develop and implement quantitative models for risk management.
  • Analyze financial data to identify and assess risks.
  • Develop and maintain risk models.
  • Prepare reports and presentations on risk assessment.
  • Collaborate with other quantitative analysts and risk managers.
  • Stay up-to-date on industry regulations and best practices.

Required Qualification and Skills:

  • Master's or PhD in a quantitative field (e.g., Statistics, Mathematics, Finance).
  • Experience in quantitative finance or risk management.
  • Proficiency in statistical modeling and programming (e.g., R, Python).
  • Strong understanding of financial markets and risk management concepts.
  • Excellent analytical and problem-solving skills.

Benefits Included:

  • Competitive salary and benefits package.
  • Opportunities for career growth and development.
  • A challenging and rewarding work environment.
  • Exposure to cutting-edge technologies.

A Day in the Life: A typical day might involve developing and testing risk models, analyzing financial data, and presenting findings to stakeholders.

Skills

PythonRStatistical ModelingRisk ManagementFinancial ModelingQuantitative Finance

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About Company

State Street Corporation (stylized in all caps), is a global financial services and bank holding company headquartered at One Congress Street in Boston with operations worldwide. It is the second-oldest continually operating United States bank; its predecessor, Union Bank, was founded in 1792.

State Street is ranked 14th on the list of the largest banks in the United States by assets. It is one of the largest asset management companies in the world with US$3.7 trillion under management and US$40.0 trillion under custody and administration in 2023. It is the largest custodian bank in the world, providing securities services and it is considered a systemically important bank by the Financial Stability Board. Along with BlackRock and Vanguard, State Street is considered to be one of the Big Three index fund managers that dominate corporate America.


The company is ranked 316th on the Fortune 500 as of 2022. The company is on the list of the banks that are too big to fail published by the Financial Stability Board. It is rated by Visual Capitalist as the third U.S. bank by uninsured deposits, with 91.2% of deposits being uninsured

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