Financial Risk Analyst

About the company:

BDO is a global network of professional services firms with a presence in over 166 countries, revenue of over USD 14 billion, and experience of over 60 years. Its a leading service provider for the mid-markets with client service at its heart.

BDO India Services Private Limited (or BDO India) is the India member firm of BDO International. BDO India offers strategic, operational, accounting and tax, and regulatory advisory & assistance for both domestic and international organizations across a range of industries. BDO India is led by more than 300+ Partners & Directors with a team of over 10,000 professionals operating across 14 cities and 20 offices. We expect to grow sizably in the coming 3-5 years, adding various dimensions to our business and multiplying and increasing the current team size multi-fold.

Job Summary:

We are seeking a detail-oriented and analytical professional to support model development, validation, and analytics within Capital Markets. The role involves building derivatives pricing models, statistical models, Liquidity and Treasury models, performing data-driven analysis, and supporting risk management, reviewing policies and procedures, understanding of ML and AI models is desirable.

Key Responsibilities:

Model Development & Validation

• Develop robust and comprehensive models using advanced statistical techniques and algorithmic programming.
• Perform and model validation and back-testing of existing models and identify strengths, weaknesses, and areas for improvement.
• Understanding of Model Risk Management, Model Inventory and Risk Controls
• Support documentation of model methodology, inputs, and outputs for audit and regulatory review.

Data Analysis & Reporting

• Aggregate, cleanse, and analyse large datasets to support model assumptions and validation processes.
• Develop streamlined model performance tracking and reporting dashboards.
• Conduct ad hoc analysis and reporting for Valuation & Analytics teams.

Risk Management & Financial Analysis

• Support risk management through statistical analysis and modelling of mortgage asset behaviour.
• Analyse hedge activity, including interest rate risk associated with financial instruments.
• Assist in evaluating and structuring hedge programs.
• Leverage macroeconomic indicators to perform scenario analysis and stress testing.

Key Skills & Qualifications

• Masters/Bachelors in statistics, econometrics, or quantitative finance.
• Proficiency in programming (e.g., Python, R, SAS, or similar).
• Experience with large datasets and data analysis tools.
• Knowledge of capital markets, mortgage assets, and risk management concepts preferred.
• Strong analytical thinking, problem-solving, and communication skills.
• 2-3 Years of experience in Consulting/Investment Banking/Asset Management firms