Model Risk Quantitative Analyst, VP

NatWest Group

Model Risk Quantitative Analyst at a bank validating pricing models and assessing model risk. Collaboration with stakeholders and oversight of model assurance activities.

Posted 5/1/2026full-timeBengaluru • 🇮🇳 IndiaLeadWebsite

Tech Stack

Tools & technologies

Python

About the role

Key responsibilities & impact

Assessing and performing Prudential Valuation and Model Risk Valuation Adjustment calculations
Facilitating model risk analysis to satisfy regulatory responsibilities
Sharing findings and significant risks with stakeholders
Providing oversight of model assurance activities
Reviewing analysis, code, and reports developed by Model Development teams
Developing codebase by adding functionality, fixing issues, and testing code

Requirements

What you’ll need

Degree in a quantitative subject like Mathematics, Physics, or Quantitative Finance
Advanced quantitative modelling skills
Post-graduate experience in model valuation
Basic understanding of the risks posed by pricing models
Understanding of derivatives pricing, ideally relating to rates derivatives, FX derivatives, or xVA
Programming experience in Python, R, C#, or another relevant language

Benefits

Comp & perks

Work in a purpose-led role with an inclusive team

ATS Keywords

✓ Tailor your resume

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools

quantitative modellingmodel valuationPythonRC#derivatives pricingxVAmodel risk analysisPrudential ValuationModel Risk Valuation Adjustment

Soft Skills

stakeholder communicationoversightanalysis review