CrawlJobs Logo

Quantitative Modeler

blackrock.com Logo

BlackRock Investments

Location Icon

Location:
India , Gurgaon

Category Icon
Category:
Finance

Job Type Icon

Contract Type:
Not provided

Salary Icon

Salary:

Not provided
Save Job
Save Icon
Apply Position

Job Description:

We are looking to hire a quantitative modeler (Vice President) to join our Portfolio Risk Modeling team. This team builds and maintains risk models and analytics, including linear factor models, Value-at-Risk (VaR) methodologies, volatility and covariance matrix estimation, and portfolio stress testing & scenario analytics. These models span a wide variety of asset classes including fixed income, equity, and private markets. The models utilize sophisticated econometric/statistical methods, and are used by traders, portfolio managers and risk managers at BlackRock and Aladdin clients for risk management, portfolio construction, regulatory reporting, compliance and performance attribution.

Job Responsibility:

  • Contribute to governance for Aladdin portfolio risk models including (but not limited to) equities, fixed income, commodities, derivatives, etc
  • Building and maintaining model governance controls, including (but not limited to) model performance monitoring, model documentation, model remediations and supporting internal & external client model validations
  • Communicate (verbally and in writing) with internal stakeholders and external clients on model performance regularly, investigate exceptional model performance, diagnose issues and conduct corrective remediations
  • Coordinate with and navigate through multiple teams and stakeholders while managing timelines
  • Backtesting, documenting, and guiding new models and methodologies through validation
  • Partner with engineering teams to integrate portfolio risk models into state-of-art production systems

Requirements:

  • 6 -10 years of experience in quantitative field / statistical modeling
  • Experience with portfolio risk analytics and/or model governance is strongly preferred
  • Degree in a quantitative discipline – master’s degree in finance / economics / statistics / financial engineering / math finance / engineering
  • Knowledge of investments, portfolio management, econometrics, and empirical asset pricing
  • A solid foundation in quantitative techniques
  • Hands-on experience with statistical software (Python) and strong background in programming
  • Intermediate to advanced proficiency with Python is strongly preferred
  • Experience with data handling (ETL, data joining with SQL, cleaning, processing, summarizing, descriptive analysis), and building and back-testing statistical and econometric models
  • Prior work experience in financial modeling (e.g., risk models, analytics, private markets) or data science and model deployment to production environment is a plus
  • Ability to work effectively with a team of highly motivated individuals
  • Time and project management skills
  • Proven track record of guiding junior talent
  • Positive attitude and ability to work both independently and as a part of a global team in a fast-paced environment
  • Excellent communication and presentation skills

Nice to have:

  • Experience with portfolio risk analytics and/or model governance is strongly preferred
  • Prior work experience in financial modeling (e.g., risk models, analytics, private markets) or data science and model deployment to production environment is a plus
What we offer:
  • Strong retirement plan
  • Tuition reimbursement
  • Comprehensive healthcare
  • Support for working parents
  • Flexible Time Off (FTO)

Additional Information:

Job Posted:
February 20, 2026

Expiration:
February 28, 2026

Employment Type:
Fulltime
Work Type:
Hybrid work
Icon
BlackRock Investments - All Job Offers
Job Link Share:
Copy Link Icon
Facebook Icon Twitter Icon LinkedIn Icon

Looking for more opportunities? Search for other job offers that match your skills and interests.

Briefcase Icon

Similar Jobs for Quantitative Modeler

CCAR Quantitative Modeler – Unsecured Products

This position within US Personal Banking Risk will develop CCAR/CECL models for ...
Location
Location
India , Gurgaon; Bengaluru; Mumbai
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Advanced Degree (Bachelors required, Masters / PhD preferred) in Statistics, Applied Mathematics, Operations Research, Economics, MBA (Finance), or other highly quantitative discipline
  • 2-5 years’ experience in performing quantitative analysis, statistical modeling, loss forecasting, loan loss reserve modeling, and particularly econometric modeling of consumer credit risk stress losses
  • Experience with dynamics of unsecured or secured products a strong plus
  • Active role in performing some analytical components of an econometric modeling-driven stress loss process (data collection, data integrity QA/QC/reconcilements, pre-processing, segmentation, variable transformation, variable selection, econometric model estimation, sensitivity testing, back testing, out-of-time testing, model documentation, and model production implementation)
  • Exposure to various stress loss modeling approaches at the segment or account level preferred
  • Able to communicate technical information verbally and in writing to both technical and non-technical audiences
  • Proficiency in SAS/SQL/Oracle/Unix/Microsoft Word, Excel and PowerPoint
  • Work as an individual contributor
Job Responsibility
Job Responsibility
  • Obtain and conduct QA/QC on all data required for CCAR/CECL model development
  • Develop segment and/or account level CCAR/CECL stress loss models
  • Perform all required tests (e.g. sensitivity and back-testing)
  • Validate/recalibrate all models annually to incorporate latest data. Redevelop as needed
  • Deliver comprehensive model documentation
  • Work closely with cross functional teams, including country/region’s business stakeholders, model validation and governance teams, and model implementation team
  • Prepare responses/presentations to regulatory agencies on all CCAR/CECL models built
  • Fulltime
Read More
Arrow Right

VP Quantitative Model Developer

The VP, Quantitative Model Developer is a strategic professional who closely fol...
Location
Location
Canada , Mississauga
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • 1+ years of post-PhD work experience, or 3+ years of post-Master’s work experience
  • Strong understanding of quantitative model development approaches
  • Strong knowledge of econometrics
  • Practical experience writing programs to build and test predictive models
  • Proficient in Python
  • Solid understanding of economic concepts
  • Consistently demonstrates clear and concise written and verbal communication skills
  • Self-motivated and detail oriented
  • Demonstrated project management and organizational skills
  • Master's degree required, Ph.D. preferred
Job Responsibility
Job Responsibility
  • Build best-in-class models for a variety of macroeconomic concepts
  • Conduct rigorous analytical research
  • Produce macroeconomic scenario forecasts
  • Utilize Python to build and test statistical models
  • Communicate results to diverse audiences
  • Participate on teams to solve business problems
  • Identify modeling opportunities that yield measurable business results
  • Fulltime
Read More
Arrow Right

Director, Structured rates / Structured notes modeler

A role in Markets involves trading financial instruments, such as bonds, stocks,...
Location
Location
Singapore , Singapore
Salary
Salary:
Not provided
barclays.co.uk Logo
Barclays
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Excellence in quantitative modeling for IR options, exotics and structured products
  • Exceptional potential / academic credentials: STEM Masters or PhD with tier-1 institutions
  • Thought leadership, creative problem solving, rigorous approach to modeling
  • Algorithmic mindset, computational expertise, system awareness, proficiency with C++ and Python
  • At least 6-7 years of experience with rate options, exotics and structured products with a globally respected institution, of which at least 2 years in Asia
  • Proven achievements with the development, implementation and integration of rate option and exotic models, including numerical methods: Monte-Carlo, PDE, optimization / calibration…
  • Result driven, business oriented, collaborative approach to quantitative analytics
  • Ability to communicate clearly on sophisticated technical topics, and adapt to diverse professional audiences
  • Quickly available to work in Singapore
Job Responsibility
Job Responsibility
  • Development and implementation of quantitative models and strategies to derive insight into market trends and optimize trading decisions, pricing, and risk management across various financial products and markets.
  • Working closely with sales teams to identify clients' needs and develop customised solutions.
  • In-depth research, data analysis, and statistical modelling to derive insights into market trends, pricing, and risk dynamics.
  • Provide front office infrastructure support though ownership and maintenance of analytical libraries.
  • Provision of expertise on quantitative methodologies, technological advancements, and industry best practices to drive innovation within the trading environment.
  • Manage a business function, providing significant input to function wide strategic initiatives.
  • Contribute to and influence policy and procedures for the function and plan, manage and consult on multiple complex and critical strategic projects, which may be business wide.
  • Manage the direction of a large team or sub-function, leading other people managers and embedding a performance culture aligned to the values of the business.
  • Provide expert advice to senior functional management and committees to influence decisions made outside of own function, offering significant input to function wide strategic initiatives.
  • Manage, coordinate and enable resourcing, budgeting and policy creation for a significant sub-function.
What we offer
What we offer
  • Hybrid working
  • Structured approach to hybrid working with fixed 'anchor' days
  • Supportive and inclusive culture and environment
  • Commitment to flexible working arrangements
  • Office designed to optimise well-being
  • Integrated live-work-play development with shops, restaurants, gyms and alfresco dining area
  • Encouragement to embrace mobility and explore operations to build career
  • Chance to learn from a globally diverse mix of colleagues
  • Fulltime
Read More
Arrow Right

Risk Model Senior Analyst

Risk Model Senior Analyst role in Citi's Risk Management organization, part of t...
Location
Location
Philippines , Taguig
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • At least 4-5 years of relevant experience in creating, validating and reviewing models
  • Undergraduate degree in a quantitative or technical discipline such as Computer Science, Engineering, Physics, Statistics, Quantitative Finance
  • Master's degree or higher in quantitative disciplines a plus
  • Knowledge of or interest in finance, markets, risk management
  • Ability to apply sophisticated mathematical/analytical techniques to solve real-world problems
  • Proficient in Python, Java, or Scala in a Unix/Linux environment
  • Candidate must be proficient in PYTHON
Job Responsibility
Job Responsibility
  • Prepare detailed quantitative modeling and analysis for risk managers and senior management
  • Synthesize and communicate complex risk models and results
  • Conduct statistical analysis, quantitative modeling, and model risk controls
  • Work with risk managers, businesses, and tech to design and build models for risk capture and stress testing
What we offer
What we offer
  • Access to telehealth options, health advocates, confidential counseling
  • Expanded Paid Parental Leave Policy
  • Programs to manage financial well-being and help plan for the future
  • Access to learning and development resources
  • Generous paid time off packages
  • Resources and tools to volunteer in communities
  • Fulltime
Read More
Arrow Right

Head of Model Review & Governance

A leading multi-strategy hedge fund is hiring a Head of Model Review & Governanc...
Location
Location
United States , New York; Miami
Salary
Salary:
200000.00 - 250000.00 USD / Year
selbyjennings.com Logo
Selby Jennings
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Masters/PhD in a quantitative field
  • 10+ years of experience in pricing model development, model validation, or risk management
  • Deep understanding of derivatives products and associated risks
  • Experience in derivative pricing model development and/or validation
  • Strong coding skills in Python, including building tools for model validation and testing
  • Proven track record of leading a risk modelling or pricing strats team
  • Highly detail-oriented with strong ownership mindset
  • Excellent interpersonal and communication skills, capable of presenting complex concepts to technical and non-technical audiences
Job Responsibility
Job Responsibility
  • Oversee and coordinate model review activities across asset classes to ensure rigorous and consistent validation of pricing models
  • Lead Model Validation groups and quant risk/research teams working on cross-asset projects
  • Maintain comprehensive documentation of model testing, ensuring compliance with internal governance standards
  • Manage the inventory of pricing and risk models
  • Act as a subject matter expert on pricing models and governance, providing guidance to internal stakeholders
  • Continuously enhance the model governance framework
Read More
Arrow Right

Qa Retail Credit Risk Model Developer

Join us as a "QA Retail Credit Risk Model developer" in our Quantitative Analyti...
Location
Location
India , Noida
Salary
Salary:
Not provided
barclays.co.uk Logo
Barclays
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Minimum Bachelor’s Degree in quantitative discipline
  • Hands-on experience in statistical model development and basic knowledge of Capital and impairment concepts
  • A good knowledge of data analysis, theory and statistical techniques (such as linear or nonlinear models, logistic regression, macroeconomic forecast, decision trees, cluster analysis and neural networks etc.)
  • Proficiency with analytical software R or Python, SQL tools (e.g., Oracle), Unix platforms, and MS Office required
  • Advanced Python Programming and knowledge of Python/R/C++ coding
  • Model implementation using DevOps tools like TeamCity, Jira, BitBucket and Nexus etc
  • Project and stakeholder management
  • Experience in financial institution data, supporting model development, implementation and productionisation within credit wholesale, consumer, finance or treasury
Job Responsibility
Job Responsibility
  • Design analytics and modelling solutions to complex business problems using domain expertise
  • Collaboration with technology to specify any dependencies required for analytical solutions, such as data, development environments and tools
  • Development of high performing, comprehensively documented analytics and modelling solutions, demonstrating their efficacy to business users and independent validation teams
  • Implementation of analytics and models in accurate, stable, well-tested software and work with technology to operationalise them
  • Provision of ongoing support for the continued effectiveness of analytics and modelling solutions to users
  • Demonstrate conformance to all Barclays Enterprise Risk Management Policies, particularly Model Risk Policy
  • Ensure all development activities are undertaken within the defined control environment
What we offer
What we offer
  • Hybrid working
  • Modern workspaces, collaborative areas, and state-of-the-art meeting rooms
  • Facilities include wellness rooms, on-site cafeterias, fitness centers, and tech-equipped workstations
  • Fulltime
Read More
Arrow Right

Senior Quantitative Analyst

The Market Quantitative Analysis (MQA) team is seeking a Quantitative Analyst to...
Location
Location
Hungary , Budapest
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Strong technical and programming skills in C++ and Python, with experience in developing complex numerical algorithms or large-scale data processing systems
  • Solid understanding of statistical and mathematical modeling techniques, including numerical methods, stochastic calculus, Monte-Carlo techniques and statistical inference
  • Ability to independently problem-solve and drive solutions from conception to implementation
  • Excellent communication skills (written and verbal) with the ability to articulate complex quantitative concepts clearly and concisely to diverse audiences
  • Strong work ethic and a team player with excellent time management skills
  • Master's or PhD degree in a quantitative field (e.g., Mathematics, Physics, Statistics, Financial Engineering, Computer Science)
  • Proven experience 3+ years in quantitative modeling and analytics, specifically within financial derivatives, risk management, or similar domains.
Job Responsibility
Job Responsibility
  • Develop, enhance, and maintain counterparty credit risk models and their underlying analytics library, delivering high-performance, production-quality code
  • Design and implement robust methodologies, advanced algorithms, and sophisticated diagnostic tools to rigorously test and validate model performance
  • Interpret complex model outputs and communicate comprehensive insights to internal stakeholders and external clients
  • Collaborate closely with risk quantitative analysts, technology professionals, and structurers to integrate models and solutions effectively.
What we offer
What we offer
  • Competitive compensation package, including an annual salary review and discretionary performance bonus
  • Comprehensive social benefits, including premium healthcare, an award-winning pension scheme, robust life insurance, generous holiday allowance, and family support programs (e.g., competitive maternity and paternity scheme)
  • Flexible hybrid work model, blending modern office collaboration with the convenience of remote work
  • A dynamic, supportive, and inclusive work environment fostering collaboration, diversity, and professional growth, complemented by active affinity groups and social networks
  • Structured onboarding and continuous learning opportunities through extensive internal training programs, including access to platforms like Degreed
  • Significant influence on team processes and methodologies, with active encouragement for innovation and improvement ideas
  • Extensive career development and growth opportunities across Citi's global network
  • Direct exposure and collaboration with a wide range of senior stakeholders across different functions.
  • Fulltime
Read More
Arrow Right

Non-Traded Models IVU-VP

Embark on a transformative journey as a Non-Traded Models IVU-VP at Barclays, wh...
Location
Location
India , Noida; Mumbai
Salary
Salary:
Not provided
barclays.co.uk Logo
Barclays
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Validate credit risk related regulatory (IRB, IFRS9, CCAR and Stress Testing) models for wholesale portfolios by following Bank’s policies and standards
  • Perform technical analysis and/or build alternative benchmarks to new and existing models, in line with the requirements set out in the bank’s standards and policies
  • Work as an Individual Contributor and also Mentor a team of 2-3 analysts
  • Review regulatory requirements to ensure compliance with different regulatory guidelines e.g. SR 11-7, PRA, FRB, SS-1/23
  • Support the development and review conformance with appropriate policies including Group Model Risk policy
  • Solid understanding of the quantitative techniques used in developing and validating models including credit risk related regulatory (IRB, IFRS9, CCAR, Stress-testing, PD, EAD, LGD) models for wholesale portfolios
  • Hands-on experience in the use of statistical packages such as Python, SAS, R
  • Expert user of Microsoft Excel and other Microsoft Office tools
  • An ability to identify and analyse appropriate external data sources including macro-economic variables for model development or validation along with excellent communication and stakeholder management skills
Job Responsibility
Job Responsibility
  • Validation of models for their intended use and scope, commensurate with the complexity and materiality of the models
  • Approval or rejection of a model or usage based on assessment of the model’s conceptual soundness, performance under intended use and the clarity of the documentation of the model’s inherent risks, limitations and weaknesses
  • Assessment of any compensating controls used to mitigate Model risk
  • Documentation of validation findings and recommendations in clear and concise reports, providing actionable insights for model improvement
  • Evaluation of the coherence of model interactions and quality of Large Model Framework aggregate results that generate output for regulatory submissions or management decision making and planning
  • Design of the framework and methodology to measure and, where possible, quantify model risk, including the assessment of framework level uncertainty
What we offer
What we offer
  • modern workspaces
  • collaborative areas
  • state-of-the-art meeting rooms
  • wellness rooms
  • on-site cafeterias
  • fitness centers
  • tech-equipped workstations
  • flexible working arrangements
  • hybrid working
  • Fulltime
Read More
Arrow Right
Jobs by Category
Art and Entertainment Jobs Banking Jobs Call Center Jobs Construction Jobs Consulting Jobs Customer Service Jobs Education Jobs Energy Jobs Finance Jobs Gastronomy Jobs Health and Beauty Jobs Hospitality and Tourism Jobs Human Resources Jobs Insurance Jobs IT - Administration Jobs IT - Software Development Jobs Legal Jobs Logistics Jobs Manufacturing Jobs Marketing, Digital Marketing, SEO, SEM Jobs Media Jobs Nursing Jobs Office Administration Jobs Pharmacy Jobs Physical Work Jobs Public Relations Jobs Public Sector Jobs Purchasing Jobs Quality Control Jobs Real Estate Jobs Research and Development Jobs Sales Jobs
Job Positions Jobs by Country
United States Jobs United Kingdom Jobs India Jobs Canada Jobs Australia Jobs Germany Jobs Ireland Jobs Poland Jobs
Company
Blog About Us Contact
Follow Us
Facebook
X (Twitter)
LinkedIn
Instagram
CrawlJobs Group
ITFlashcards AllDevBlogs
© 2026 CrawlJobs Ltd. All Rights Reserved
Terms & Conditions Privacy Policy