Fixed Income Quant Research Analyst/Associate

Job Title : Fixed Income Quant Research Analyst/AssociateExperience : 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.