One of the fastest growing financial services firms in the United States looking to build out their Quantitative Risk team.
The team recently introduced a new generation slate of risk and derivative models and are looking for individuals to research, validate, and develop these models. The client also placed a lot of emphasis on communication skills as this individual will work very closely with stake holders throughout the firm. This individual will work closely with equities, derivatives, options, and futures.
Responsibilities:
- Evaluate the model risk for various financial and derivative products based on their pricing, margin risk and stress testing.
- Create and examine validation documents.
- Develop and apply standard models and tools for model testing, such as back-testing, following the latest industry standards and innovations.
- Conduct model performance testing, including portfolio back-testing with historical data.
Qualifications:
- 7+ years of experience in quantitative modeling.
- Master's Degree in a Quant related field is required; PhD preferred.
- Strong business communication skills; ability to interact with stakeholders.
- Strong Quant skills.
- Efficiency in python and/or C++.
