Job Title : Fixed Income Quant Research Analyst/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.
Requisites
- 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.
