Quantitative Risk Associate

About the Company

Crest Ventures Limited is a diversified Non-Banking Financial Company (NBFC) headquartered in Mumbai. Registered with the Reserve Bank of India and listed on the National Stock Exchange of India and Bombay Stock Exchange, the firm operates across Real Estate, Financial Services, and Investments.

Responsibilities

• Monitor portfolio-level Greek exposures and enforce intraday risk limits
• Conduct drawdown, stress testing, VaR, and Expected Shortfall analysis
• Monitor volatility exposure, including skew and term-structure dynamics
• Develop and maintain Python-based risk analytics and reporting frameworks
• Support real-time risk monitoring and escalation during fast market conditions
• Incorporate liquidity and execution considerations into risk scenarios
• Account for NSE market structure, margining, and regulatory constraints
• Communicate risk insights clearly and challenge exposures when required

Requirements

• 5 - 7 years of experience in quantitative risk, derivatives analytics/market risk roles
• Strong understanding of options pricing models and Greeks
• Hands-on experience with VaR, stress testing, and scenario analysis frameworks
• Proficiency in Python for quantitative modelling and data analysis
• Solid foundation in statistics, probability, and quantitative methods
• Bachelor’s or Master’s degree in a quantitative discipline (e.g., Mathematics, Statistics, Engineering, Finance)
• Experience with derivatives markets and margining frameworks
• Exposure to large intraday datasets and/or real-time risk systems

Benefits

• Health insurance for spouse and kids
• Focus on employee learning and development
• Good working culture and office space
• Great employee engagement activities