Quantitative Risk Management Analyst

21 Nov 2024

Vacancy expired!

Title: Quant Risk Management Analyst

Location: Chicago, IL / NYC, NY

Job Description:
  • Candidate will assist the Clearing Department on day-to-day activities in support of quant risk team.
  • The Quantitative Risk Team in the Risk Management Department is responsible for developing, analyzing, and back-testing models for clearing initiatives.

Principal Accountabilities:
  • Daily responsibilities include code release testing, historical data validation, margin and stress testing model validation, and portfolio back-testing.
  • The candidate must have the ability to efficiently, effectively, and independently conduct research, analyze problems, formulate and implement solutions, and produce high quality results on time.

Skills / Software Requirements:
  • Strong quantitative and analytical background.
  • Excellent programming, communication, and documentation skills.
  • Knowledge of financial markets.
  • Knowledge in advanced quantitative risk modeling and knowledge of statistical models in risk management preferred.
  • Knowledge in advanced derivatives modeling and knowledge of volatility models preferred.
  • Experience with programming languages such as C/C#, R, VBA, and SQL is also required.
  • Preference will be given to candidates who can demonstrate the best practices in developing risk models like Historical VaR, Monte Carlo VaR, Multi-Factor Risk Models, Stressed VaR, Liquidity Risk models, etc.

Education:
  • Bachelor or Master's in Computer Science, Financial Engineering, Financial Mathematics, Mathematics, Physics, or a related discipline.

  • ID: #23215317
  • State: Illinois Chicago 10001 Chicago USA
  • City: Chicago
  • Salary: $35 - $45
  • Job type: Contract
  • Showed: 2021-11-21
  • Deadline: 2022-01-18
  • Category: Accounting/finance