Associate Level 1 - Quantitative Analyst - GMQR Transversal Risk and PnL
Location :
Mumbai, India
Job Type :
Full-time
Key Responsibilities
Analyze and enhance risk and P&L Explain frameworks to support front-office trading and risk management.
Use advanced data analysis techniques to detect anomalies, improve risk models, and ensure compliance with regulatory requirements.
Collaborate with trading, quantitative research, and IT teams to optimize risk management and P&L Explain processes.
Gain expertise in one or more asset classes, including Macro (IR/FX/Commodities), Credit, and Equities.
Support the harmonization and industrialization of risk tools to handle increasing trade volumes.
Identify and remediate weaknesses within risk analytics frameworks in collaboration with global teams.
Ensure smooth integration of risk and pricing models within the bank’s IT ecosystem.
Required Skills & Qualifications:
Master’s degree in Mathematics, Financial Engineering, Computer Science, or a related field.
1+ years of experience in quantitative analysis, risk management, or data-driven financial modeling.
Strong analytical skills with experience in data analysis, anomaly detection, and risk analytics.
Proficiency in programming (Python, C++, or R) and working with large financial datasets.
Understanding of financial risk management, pricing models, and regulatory requirements.
Excellent problem-solving skills, attention to detail, and ability to work in a global, fast-paced environment.
Preferred Qualifications:
Experience with front-office risk management tools and financial derivatives.
Knowledge of asset classes such as IR/FX, Credit, and Equities.
Familiarity with machine learning techniques for financial risk analysis.
This role provides an opportunity to be part of a global quantitative research team, working on cutting-edge risk management solutions in a dynamic financial environment.
Job Descripition
BNP Paribas is seeking a Quantitative Analyst to join the Global Markets Quantitative Research (GMQR) team in Mumbai. This role will focus on risk and P&L Explain analysis, leveraging data analysis techniques to improve anomaly detection, ensure high data quality, and support trading, middle office, and risk management functions. The candidate will work closely with global quantitative teams to enhance risk frameworks and contribute to the development of a next-generation pricing and risk management platform.
About Company
BNP Paribas India Solutions, established in 2005, is a wholly owned subsidiary of BNP Paribas SA, one of Europe’s leading banking institutions. With delivery centers in Mumbai, Bengaluru, and Chennai, the firm provides a wide range of services to Corporate and Institutional Banking (CIB), Investment Solutions, and Retail Banking divisions across BNP Paribas globally. The company is known for its 24x7 global delivery model, innovation-driven culture, and commitment to excellence in banking solutions.
About BNP Paribas Group
BNP Paribas is a leading international banking group with a presence in 65 countries and over 185,000 employees worldwide, including more than 145,000 in Europe. The bank operates across three key business lines:
Commercial, Personal Banking & Services – Providing banking and financial solutions to individuals, SMEs, and entrepreneurs.
Investment & Protection Services – Offering savings, investment, and insurance solutions.
Corporate & Institutional Banking (CIB) – Catering to institutional clients with services in global markets, risk management, financing, and advisory.
With a strong foundation in innovation, digital transformation, and sustainable finance, BNP Paribas is committed to responsible banking practices while driving growth across global markets.
Commitment to Diversity & Inclusion
At BNP Paribas, diversity and inclusion are at the core of its corporate culture. The company actively promotes equal employment opportunities and prohibits discrimination based on gender, ethnicity, nationality, age, or disability. The bank fosters a collaborative, inclusive, and high-performance work environment, encouraging employees to bring their authentic selves to work.
Why Join BNP Paribas?
Global Reach & Market Leadership – Work with a top-tier international banking group with a strong presence in Europe, Asia, and the Americas.
Cutting-Edge Technology & Innovation – Engage in projects involving quantitative research, AI-driven risk modeling, and advanced financial analytics.
Diverse & Inclusive Work Culture – Join a workplace that values talent, collaboration, and career growth opportunities.
Sustainable & Ethical Banking – Contribute to responsible finance initiatives that align with ESG (Environmental, Social, and Governance) principles.
With a strong focus on financial innovation, risk management, and digital transformation, BNP Paribas offers exciting career prospects for professionals looking to make an impact in the global banking industry.