HSBC is hiring for the position of Associate in Bangalore, India. Candidates with a Bachelor’s or Master’s degree are eligible to apply for this position. The complete information, eligibility criteria, and requirements are provided below.
Job Description:
| Company Name | HSBC |
| Position | Associate |
| Qualifications | Bachelor’s/ Master’s Degree |
| Batch | 2018/ 2019/ 2020/ 2021/ 2022/ 2023 |
| Experience | 0 – 2 (Years) |
| Location | Bangalore (Hybrid) |
Key Responsibilities:
- Development and validation of new products to support complex new trades.
- Development of new models and validation of reserves methodologies.
- Participate in the implementation of the model governance framework.
- Developing and enhancing the available products and models available to trade.
- Enhance reserve methodologies.
- Enhance model performance monitoring.
- Timely completion of model development tasks with little or no bugs.
- Positive feedback from the trading, structuring and valuation control desks.
- Successful release of new models in quant libraries.
Eligibility Criteria:
- A degree based on Mathematical Finance from a top tier university.
- Experience in model development in derivatives.
- Familiarity with C++
- Scripting and Python experience.
- Advanced C++
Preferred skills:
- Provide support of product development tasks.
- Develops new products with their appropriate model, model calibration tools and risks.
- Participate in Model Governance – Development of model performance indicators, Liaise with IMR in Model reviews and implement remediative actions to findings arising from such reviews.
- Develop and maintain a testing framework for new products and models.
- Day to day support / Bugs fixing.
- Assist in the release of the Quant libraries and tools.
- Assist in deploying the product development tools to users.
About Company:
We’re a financial services organisation that serves more than 40 million customers, ranging from individual savers and investors to some of the world’s biggest companies and governments. Our network covers 63 countries and territories, and we’re here to use our unique expertise, capabilities, breadth and perspectives to open up a world of opportunity for our customers.
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