Job Description :

- Experience in Asset backed securities is a must : ABS, MBS, RMBS, CMBS, CLO, CDO.

- Must have experience in developing pricing libraries for above mentioned.

- Must be from tier one institutes with 15-18 years of experience.

Position Overview :

Team Overview :

Quantitative Strats manage the firms pricing and risk model libraries across all front-office businesses.

This Principal role, in Mumbai, offers opportunities to work on a variety of vendor models and high-performance computing (HPC) products supporting diverse pricing and risk systems across the Fixed Income spectrum.

As a Principal within GQA (Global Quantitative Analytics), Quant Strat, you will lead the Mumbai GQA team, and also develop and maintain advanced models and libraries for pricing and risk management across the firm.

The Quant Strats team uses financial engineering, data analytics, statistical modeling, and portfolio optimization techniques to build Portfolio Management tools for day-to-day fund management across 500+ Funds.

As a global team, we partner with traders, Portfolio Managers, Actuaries, and Risk managers across all products and regions, contributing to fund placement and client interaction, product innovation, valuation and risk management, and portfolio optimization.

We are looking for an experienced quantitative strategist to lead our team in Mumbai, and work closely with the Portfolio Managers to design, build, and risk manage a Bouquet of Credit Funds.

Primary Responsibilities :

Your responsibilities will include :

- Understand Portfolio and Risk management of various Insurance Strategies (ISG/ISGI) and Credit Funds.

- Build analytical tools for risk analysis or develop software libraries that price derivatives and calculate risks in C++/Python, designing efficient numerical algorithms and implementing high-performance computing solutions.

- Maintain and support the core library frameworks and suitable library interfaces which can interact efficiently with the firms risk platform.

- Build efficient algorithms leveraging vectorization and parallelization, compilers, architecture of cross-asset pricing engines and optimizing code for specific hardware, from todays production staples to future disruptive innovations.

- Support end users of the library and communicate with desk-aligned quant teams and technology groups.

Qualifications and Experience :

Required qualifications, capabilities, and skills :

- Deep expertise in credit market dynamics including cash, synthetics, and structured products alongside Securitized Products or Asset Backed Finance.

- Experience : 15+ years.

- An advanced degree in a quantitative subject (such as computer science, mathematics).

- Advanced mathematics used in financial modeling including topics such as calculus, numerical analysis, optimization, and statistics.

- Proficiency in code design and programming skills, with primary focus on C++, but also Python, and the ability to work with other tools and technologies as required.

- Passionate about software design and writing high-quality code.

- Strong quantitative, problem-solving, research, and analytical skills.

- Strong interpersonal skills - you listen and communicate in a direct, succinct manner.

Preferred qualifications, capabilities, and skills :

- Computer programming experience such as use of C++/Python.

- Quantitative and problem-solving skills.

- Experience in financial markets and familiarity with general trading concepts and terminology.

- Knowledge of derivatives pricing theory, trading algorithms, and/or financial regulations.

- Ability to quickly grasp business concepts outside immediate area of expertise and adapt to rapidly changing business needs.

- Attentive to detail and easily adaptable.

- Enthusiastic about knowledge sharing and collaboration.

About the Firm :

The firm is a high-growth, global alternative asset manager.

In its asset management business, it seeks to provide clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity.

For more than three decades, investing expertise across its fully integrated platform has served the financial return needs of its clients and provided businesses with innovative capital solutions for growth.

Through its retirement services business, it specializes in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions.

Its patient, creative, and knowledgeable approach to investing aligns clients, businesses invested in, employees, and the communities impacted, to expand opportunity and achieve positive outcomes.

As of March 31, 2025, the firm had approximately $785 billion of assets under management.

Purpose and Core Values :

Clients rely on our investment acumen to help secure their future. We must never lose our focus and determination to be the best investors and most trusted partners on their behalf.

We strive to be :

- The leading provider of retirement income solutions to institutions, companies, and individuals.

- The leading provider of capital solutions to companies. Our breadth and scale enable us to deliver capital for even the largest projects - and our small firm mindset ensures we will be a thoughtful and dedicated partner to these organizations.

- We are committed to helping them build stronger businesses.

- A leading contributor to addressing some of the biggest issues facing the world today - such as energy transition, accelerating the adoption of new technologies, and social impact - where innovative approaches to investing can make a positive difference.

We are building a unique firm of extraordinary colleagues who :

- Outperform expectations.

- Challenge Convention.

- Champion Opportunity.

- Lead responsibly.

- Drive collaboration.

As One Team, we believe that doing great work and having fun go hand in hand, and we are proud of what we can achieve together.

Benefits :

The firm relies on its people to keep it a leader in alternative investment management, and the benefit programs are crafted to offer meaningful coverage for both you and your family.