Analyst/Associate-Quantitative Modelling/Stress Testing (Structured Products)
- Hybrid
- Bengaluru, Karnātaka, India
- SRP
Job description
Our Structured Products team has over 100 staff globally. We are headquartered in London. We excel at providing Tier 1 investment banks with administrative support for various functions across their Structured Products platforms. This role will support the Transaction Management Teams
This is an exciting time to join inSPire DC as this new team is brought together to deliver exemplary services to our clients.
Who are you?
The ideal candidate for this role will be confident working with their peers and respectful when addressing senior stakeholders and will take pride in taking a diligent and thorough approach to work. You gained work experience in an analytical role with exposure to different asset classes. You have attained educational qualifications in core subjects and can provide examples of working to deadlines, verbally presenting projects, and of working as part of a team.
Job Description
The PRIIPs Team forms part of a broader issuance support function within the SRP business at Delta Capita, supporting our clients in their issuance of cross-asset structured products. The PRIIPs team provides support to investment banks through the creation of KID documents and stress testing for new structured products issuances. We are seeking to expand our PRIIPs Support team with this hire.
The successful candidate will join an active team to assist in all aspects of KID creation and stress testing support.
The core support functions will include:
- Collaborating with clients (banks’ sales and structuring teams) to generate Key Information Documents using XMLs trade representation to be read by proprietary systems as well as delivery of stress testing for new issuances of structured products
- Support stress testing and KIDs related queries on a wide range of payoffs and complex transactions
- Understand quantitative methodologies for risk indicators, performance scenarios and costs analysis for PRIIPS to support analytics queries
- Understand quantitative process of stress testing, financial simulations and performance evaluation metrics
- Participate in ad hoc projects aimed to improve efficiency of the team
- Reporting data information via Excel
The successful candidate would be expected to develop a good knowledge and understanding of our client’s internal policies and procedures, risk thresholds, key stakeholders, systems and technology.
Job requirements
Desired Qualifications and Experience:
- Analyst with 2-5yrs experience with derivatives or structured products
- Experience in investment banks in an analytical role
- Graduate degree in math, finance, economics, statistic or of similar numeracy level
Essential Skills:
- Strong analytical, quantitative, and problem-solving skills
- In-depth knowledge of derivatives and structured products with the ability to understand complex structures
- Understanding of stress testing including financial simulations (e.g. Monte Carlo) and performance evaluation
- In-depth knowledge of options, including pricing, payoffs and greeks
- Good knowledge of fixed income instruments
- Fast learner with the ability to quickly understand new structures
- Strong Microsoft Excel knowledge, and good working knowledge of other MS applications
- A self-starter who is both able to work and collaborate with others and work independently when required
- Strong interpersonal and communication skills, including the ability to explain and discuss complex topics, propose solutions and clearly communicate updates with senior colleagues and clients from other disciplines
- Comfortable working under time pressure and conscientious about keeping to deadlines, able to deliver high quality results in a fast-paced environment
- A focus on attention to detail in all aspects of your work and pride in delivering high quality work.
Desirable skills:
- Some technical insight into document automation applications, XML representation
- Prior experience developing with VBA or another language
- Understanding of PRIIPs regulation or demonstrable familiarity at granular level with other regulations (e.g., FCA, MiFID II, ESMA).
- Knowledge of other programming languages
How We Work:
Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, colour, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process, please use the designated space within the application questionnaire.
This is a permanent full time position located in Bangalore. As the selection and interview process is ongoing, please submit your application in English as soon as possible, if your profile is selected, a member of our team will contact you within 4 weeks.
Who We Are:
Delta Capita Group (a member of the Prytek Group) is a global managed services, consulting and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualized services for financial institutions for non differentiating services.
Our 3 offerings are:
- Managed Services
- Consulting & Solutions
- Technology
To know more about Delta Capita and our culture click here: Working at DC - Delta Capita
Delta Capita India is a Great Place To Work Certified Organization. Please refer to DC GPTW
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