Senior Specialist - Instrument Modelling

Job description

**About The Opportunity** Job Type: Permanent Application Deadline: 12 July 2026 **Job Description** **Title** Senior Specialist - Instrument Modelling **Department** Asset Management CAO Team **Location** Gurgaon **Reports To** Head of Risk & Attribution Operations **Level** 5 We’re proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join our ISS Delivery team and feel like you’re part of something bigger. **Our Values** All of our people must be able to demonstrate affinity with the Fidelity core values: **Integrity** –Doing the right thing, every time and putting the client first. **Trust** –Empowering each other to take the initiative and make good decision **Our Behaviours** Our employees should be: **Brave -** Challenge the status quo, be accountable and speak up. **Bold** - Act with conviction, encourage diverse thinking and keep things simple. **Curious** - Learn to do new things in better ways and encourage fresh thinking. **Compassionate** - Have empathy, care for colleagues, clients and the community. **Department Description** The **Performance and Attribution** team sits within the wider Investment Analytics group and provides performance information and portfolio analysis for Fidelity International Limited (FIL) worldwide. The new formally team will operate a hub a spoke model with two centres of excellence in Dublin (Ireland) and Dalian (China) supported by local specialists in London, Tokyo and Hong Kong. The **Investment Analytics** function brings together Trading Analytics, Portfolio Construction Service and the Performance and Attribution teams into order to create a best in class service to our stakeholders. The **Analytics Operations** is a newly created team focused on data validation, reconciliations and reporting for risk and attribution teams in order to create a best in class centralised service. **Purpose of your role** We are seeking a detail-oriented and analytical professional to join our Attribution operations team. The analyst will play a critical role in supporting the transition of investment performance and risk data to a new platform. The focus will be on ensuring accurate instrument modelling, data integrity, and process robustness to deliver a high-quality analytical environment. The position involves detailed data and model analysis, hands-on validation, and collaboration with data management, technology, and investment risk teams. Deviations are systematically screened and need to be investigated / resolved. Working in a larger team this successful candidate will be responsible for validating, modelling, and correcting data to enable accurate risk calculations and reporting. **Key Responsibilities** - Instrument Modelling & Analytical Frameworks - Perform detailed analysis of financial instrument structures (Fixed Income, Derivatives, FX, Multi-Asset overlays, etc.) to ensure they are correctly represented and valued within the MSCI framework. - Identify gaps or deviations in instrument coverage and collaborate with vendor and internal teams to enhance model definitions and configuration. - Data Modelling - Model securities and related attributes to ensure proper risk representation (e.g., duration, convexity, credit ratings, pricing). - Apply appropriate methodologies for complex instruments such as derivatives, structured products, and alternative investments. - Reconciliation & Issue Resolution - Investigate and correct rejected or invalid data feeds. - Liaise with operations, data management, and technology teams to implement corrective actions. - Risk & Attribution System Support - Ensure securities are correctly configured for risk calculations (e.g., VaR, stress testing, scenario analysis). - Assist in system enhancements and testing related to data integration and risk modelling. - Stakeholder Communication - Provide timely updates on data issues and resolution progress. - Partner with portfolio managers, risk teams, and performance teams to ensure attribution accuracy. - Project Deliverables - Contribute to the organisation change programme and deliver solutions to onboard funds to attribution system **Experience And Qualifications Required** - Ideally university-educated, with a degree in Statistics, Mathematics, Finance, Economics or Computer Science. - Proven experience in investment risk, attribution, or related financial services operations. - Strong understanding of investment products (fixed income, equities, derivatives, structured products). - Knowledge of risk concepts (VaR, CvaR, sensitivities, stress testing) and how they apply to security modelling. - Proficiency in data analysis tools (Excel, SQL; Python or VBA a plus). - Experience with risk systems (e.g., Barra, Factset RiskMetrics, Bloomberg PORT, or similar). - Strong problem-solving skills and attention to detail.