Role details

Market Model Risk Management

New York   •  Temporary

Bullet points

  • Market leading Investment bank located in NYC.
  • Contract to hire position within the Risk Management team.

About Our Client

A leading Global bank located in New York, NY.

Job Description

Key responsibilities for the Market Model Risk Management candidate:

  • The role is as a Quantitative analyst to independently review and analyze derivative and fixed income models for pricing and risk management of market products.
  • Reviews and analysis require deep understanding of the mathematical models used, implementation methods, products traded in these markets, and the associated risks that are inherent from trading these products.
  • In addition to theoretical analysis and review it is required that model/products are independently implemented in a managed C++ system
  • The review and analysis and independent implementation will form the basis of discussion with key stakeholders including, Front office traders, middle office support, Front Office Quants, Market risk managers, and Finance Controllers.
  • Active engagement with the due diligence aspects of the New Product approval process.

The Successful Applicant

Market Model Risk Management candidates will have:

  • A masters degree in numerate subject such as Mathematics, Financial Mathematics, Physics, Statistics or Financial engineering.
  • Minimum of 5 years experience in Model Validation pricing, Front office Quant role or other relevant quantitative finance role.
  • Excellent mathematical ability with an understanding of Stochastic Calculus, Monte-Carlo methods, and Numerical Algorithms.
  • A string interest in financial markets.
  • Experience in coding in C++ in a managed codebase.
  • Excellent communication skills - both written and oral.

What's on Offer

Competitive rate within the Financial Services industry.

Apply for this job

Click the Apply or LinkedIn button below or contact Nicholas Rosimini quoting job reference 1202116
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