Model Validation - Lead - Pricing/counterparty Credit Risk
Mitsubishi UFJ Financial Group
Mumbai, Maharashtra, India
Model validation for pricing models
Counterparty credit risk modeling
Quantitative finance expertise
The team is responsible for the enterprise-wide model validation and control function to ensure the continued safety and soundness of models used across the bank
Job Summary
The team is responsible for the enterprise-wide model validation and control function to ensure the continued safety and soundness of models used across the bank.
This is a hands-on role with the additional responsibility for leading a team of 2-3 model quants.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
Matching Summary
The team is responsible for the enterprise-wide model validation and control function to ensure the continued safety and soundness of models used across the bank.
Skills & Requirements
Must-have
Model validation for pricing models
Counterparty credit risk modeling
Quantitative finance expertise
Derivative pricing models knowledge
Programming in Python or C++
Model risk management compliance
Team leadership in validation
Nice-to-have
Strong communication skills
Experience with regulatory examinations
Collaboration across global teams
Mentoring junior team members
Advanced mathematical skills
Key Requirements
6–10 years model validation experience
Advanced degree preferred (Master’s or PhD)
Experience with FRB SR 11-7 and OCC 2011-12
Experience in quantitative finance or related discipline