Senior Quantitative Developer

The Organization:

Vichara specializes in enterprise systems and quantitative solutions for institutional capital‑markets participants. Its platforms manage billions in fixed‑income assets, powering valuation, risk, accounting and data workflows for global investment firms. Headquartered in New Jersey, Vichara operates major development centres in Gurgaon, Toronto and Bogotá. Learn more at www.vichara.com.

The Opportunity

A global asset‑manager is retiring its third party analytics stack and has engaged Vichara to build a green‑field, open‑source valuation and risk engine for its fixed‑income portfolios—including sovereigns, corporates, MBS/ABS and interest‑rate derivatives. You will join a team of quants to deliver the new library in Python and C++ on top of QuantLib and Open‑Source Risk Engine (ORE), integrate it with the client’s data, and validate results against legacy outputs.

• Job Responsibilities:

• Design modular pricing, curve‑building, cash‑flow and risk components leveraging QuantLib / ORE; expose Python bindings for desk‑level analytics.
• Implement and calibrate term‑structure, credit‑spread and volatility models (e.g., Hull‑White, SABR, HJM) in high‑performance C++ with unit‑tested Python wrappers.
• Build loaders to ingest existing Numerix trade data and develop regression tests to match PV, DV01, CS01, convexity and Greeks within agreed tolerances.
• Optimise critical routines using multithreading and caching
• Integrate market data.
• Set up infra using Azure Kubernetes,

• Candidate Profile:

• Master’s / PhD in Quantitative Finance, Financial Engineering, or related field.
• 5+ years building pricing or risk libraries for rates or credit products; prior Numerix, FinCAD or in‑house library experience a plus.
• Expert C++17/20 for high‑performance AND/ OR strong Python
• Hands‑on QuantLib (preferably with upstream contributions) and working knowledge of ORE architecture. Fluency in curve construction, bootstrapping, Monte Carlo, finite‑difference PDEs and XVA concepts.
• Familiarity with Azure CI pipelines, Docker/Kubernetes and Git-centric workflows.

Compensation -   40- 50 lakhs pa

Benefits:

• Extended health care
• Dental care
• Life insurance