Job Description: Our client, a large financial services organization, is seeking a Quantitative Developer for a minimum 6 month hybrid contract position. You can only onboard as a W2 employee.
This position requires 3 days a week on-site in Jersey City, NJ.
Responsibilities
- Research and prototype risk models for newly issued ETFs.
- Expand the scope of the Hybrid VaR methodology as a benchmark for existing VaR models.
- Contribute to the NSCC MTM passthrough initiative.
- Collaborate with Market Risk and Risk Technology teams to specify and communicate model requirements.
Qualifications
Required:
- At least 5 years of experience in financial market risk management and quantitative modeling.
- Master’s degree in a quantitative discipline (e.g., Mathematics, Statistics, Financial Engineering).
- Strong proficiency in SQL and experience with high-level programming languages (e.g., R, Python, Matlab).
- Hands-on experience developing complex financial models.
- Solid understanding of equity products, particularly ETFs.
- Detail-oriented and a strong team player.
Preferred:
- Experience with VaR models and hybrid methodologies.
- Previous collaboration with risk management teams in a financial services environment.
This opportunity allows you to contribute to high-impact projects and work with a collaborative and dynamic team. If you have the expertise in financial risk modeling and are ready for your next challenge, apply today!