Quantitative Research

Description

DESCRIPTION:

Duties: Develop core framework of the risk management system by employing cutting edge programming technologies, using quantitative models, and delivering end-to-end solutions utilizing this framework. Work closely with Market Risk Technology and Coverage teams, Product Specialists and Front Office Quants. Actively participate in delivery of end-to-end solutions for calculation of VaR, Stress and Regulatory Capital. Employ various technologies and Python language coding. Design efficient solutions for market risk management. Work on the implementation of the next generation of Market Risk analytics platform. Improve the performance and scalability of analytics algorithms. Liaise and collaborate with various functions such as Market Risk Coverage and Technology, Product Specialists and Front Office QR.

QUALIFICATIONS:

Minimum education and experience required: Master's degree in Financial Mathematics, Mathematics, Computer Science, Finance, or related field of study plus five (5) years of experience in the job offered or as Quantitative Research, Principal Consultant, or related occupation.

Skills Required: This position requires experience with the following: Python; Data Structures; Standard Algorithms; Object Oriented Design; Financial Risk Management; Risk Measurement and Capital Calculation; Forward Contract Pricing; Option Contract Pricing; Swap Contract Pricing; Currency and Interest Rate Derivatives Pricing.

Job Location: 545 Washington Blvd, Jersey City, NJ 07310.

Full-Time. Salary: $200,000 - $285,000 per year.